BOC International China Co (SHSE:601696) Debt-to-Equity : 0.52 (As of Mar. 2024)

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What is BOC International China Co Debt-to-Equity?

BOC International China Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. BOC International China Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥9,080 Mil. BOC International China Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥17,431 Mil. BOC International China Co's debt to equity for the quarter that ended in Mar. 2024 was 0.52.

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 BOC International China Co's Debt-to-Equity or its related term are showing as below:

SHSE:601696' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38 Med: 0.73 Max: 1.57
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of BOC International China Co was 1.57. The lowest was 0.38. And the median was 0.73.

SHSE:601696's Debt-to-Equity is ranked worse than
58.18% of 605 companies
in the Capital Markets industry
Industry Median: 0.36 vs SHSE:601696: 0.52

BOC International China Co Debt-to-Equity Historical Data

The historical data trend for BOC International China Co'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.

BOC International China Co Debt-to-Equity Chart

BOC International China Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.85

0.80

0.75

0.55

0.67

BOC International China Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.66	0.58	0.41	0.67	0.52

Competitive Comparison of BOC International China Co's Debt-to-Equity

For the Capital Markets subindustry, BOC International China Co'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.

BOC International China Co's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BOC International China Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BOC International China Co's Debt-to-Equity falls into.

BOC International China Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BOC International China Co'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	+	11505.821)	/	17216.382
	=	0.67

BOC International China Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	9080.307)	/	17431.272
	=	0.52

BOC International China Co (SHSE:601696) 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.

BOC International China Co Debt-to-Equity Related Terms

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BOC International China Co (SHSE:601696) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BOC International China Co Ltd (SHSE:601696) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Yincheng Middle Road, 39th Floor, Bank of China Tower, Pudong New District, Shanghai, CHN, 200120

Website

http://www.bocichina.com

BOC International China Co Ltd is engaged in providing investment banking, securities brokerage, asset management, proprietary securities, private equity, futures and other businesses. The company provides securities brokerage; securities investment consulting; financial consultants related to securities trading and securities investment activities; securities underwriting and sponsorship; securities self-employed; securities asset management; securities investment fund consignment; financing and securities lending; and consignment of financial products.

BOC International China Co (SHSE:601696) Headlines

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