China Aircraft Leasing Group Holdings (HKSE:01848) Debt-to-Equity : 9.78 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is China Aircraft Leasing Group Holdings Debt-to-Equity?

China Aircraft Leasing Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0 Mil. China Aircraft Leasing Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$50,525 Mil. China Aircraft Leasing Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$5,167 Mil. China Aircraft Leasing Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was 9.78.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for China Aircraft Leasing Group Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:01848' s Debt-to-Equity Range Over the Past 10 Years
Min: 6.7 Med: 9 Max: 9.78
Current: 9.78

During the past 11 years, the highest Debt-to-Equity Ratio of China Aircraft Leasing Group Holdings was 9.78. The lowest was 6.70. And the median was 9.00.

HKSE:01848's Debt-to-Equity is ranked worse than
98.92% of 928 companies
in the Business Services industry
Industry Median: 0.37 vs HKSE:01848: 9.78

China Aircraft Leasing Group Holdings Debt-to-Equity Historical Data

The historical data trend for China Aircraft Leasing Group Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

China Aircraft Leasing Group Holdings Debt-to-Equity Chart

China Aircraft Leasing Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

9.02

6.84

6.70

7.18

9.78

China Aircraft Leasing Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															6.70	7.29	7.18	8.37	9.78

Competitive Comparison of China Aircraft Leasing Group Holdings's Debt-to-Equity

For the Rental & Leasing Services subindustry, China Aircraft Leasing Group Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Aircraft Leasing Group Holdings's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Aircraft Leasing Group Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Aircraft Leasing Group Holdings's Debt-to-Equity falls into.

China Aircraft Leasing Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Aircraft Leasing Group Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	50524.595)	/	5166.553
	=	9.78

China Aircraft Leasing Group Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	50524.595)	/	5166.553
	=	9.78

China Aircraft Leasing Group Holdings (HKSE:01848) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

China Aircraft Leasing Group Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of China Aircraft Leasing Group Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

China Aircraft Leasing Group Holdings (HKSE:01848) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Aircraft Leasing Group Holdings Ltd (HKSE:01848) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CFRLF:USA

Address

16 Harcourt Road, 32nd Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG

Website

https://www.calc.com.hk

China Aircraft Leasing Group Holdings Ltd is one of the largest independent aircraft lessors in China. The company delivers multiple types of leases and customizes deals to customer preferences. It has diversified financing channels in onshore and offshore banks, insurance companies, capital and debt markets, and export credit agencies. In addition to providing aircraft leases, the company offers customers lifecycle solutions, including fleet planning, aircraft resales, and aircraft disassembles. China Aircraft Leasing has multiple offices located in Asia and Europe. It works with Chinese and Asian airlines, regional operators, and other international air transportation companies.

China Aircraft Leasing Group Holdings (HKSE:01848) Headlines

No Headlines