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China Green Electricity Investment Of Tianjin Co (SZSE:000537) Debt-to-Equity : 2.50 (As of Mar. 2024)


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What is China Green Electricity Investment Of Tianjin Co Debt-to-Equity?

China Green Electricity Investment Of Tianjin Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥12,730 Mil. China Green Electricity Investment Of Tianjin Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥30,583 Mil. China Green Electricity Investment Of Tianjin Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥17,333 Mil. China Green Electricity Investment Of Tianjin Co's debt to equity for the quarter that ended in Mar. 2024 was 2.50.

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 Green Electricity Investment Of Tianjin Co's Debt-to-Equity or its related term are showing as below:

SZSE:000537' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 1.87   Max: 4.2
Current: 2.5

During the past 13 years, the highest Debt-to-Equity Ratio of China Green Electricity Investment Of Tianjin Co was 4.20. The lowest was 0.03. And the median was 1.87.

SZSE:000537's Debt-to-Equity is ranked worse than
88.15% of 1578 companies
in the Real Estate industry
Industry Median: 0.75 vs SZSE:000537: 2.50

China Green Electricity Investment Of Tianjin Co Debt-to-Equity Historical Data

The historical data trend for China Green Electricity Investment Of Tianjin 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.

China Green Electricity Investment Of Tianjin Co Debt-to-Equity Chart

China Green Electricity Investment Of Tianjin Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.67 2.25 0.98 1.04 2.42

China Green Electricity Investment Of Tianjin 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.03 1.08 1.54 2.42 2.50

Competitive Comparison of China Green Electricity Investment Of Tianjin Co's Debt-to-Equity

For the Real Estate - Development subindustry, China Green Electricity Investment Of Tianjin 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.


China Green Electricity Investment Of Tianjin Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Green Electricity Investment Of Tianjin Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Green Electricity Investment Of Tianjin Co's Debt-to-Equity falls into.



China Green Electricity Investment Of Tianjin Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Green Electricity Investment Of Tianjin Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

China Green Electricity Investment Of Tianjin Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


China Green Electricity Investment Of Tianjin Co  (SZSE:000537) 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 Green Electricity Investment Of Tianjin Co Debt-to-Equity Related Terms

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China Green Electricity Investment Of Tianjin Co (SZSE:000537) Business Description

Traded in Other Exchanges
N/A
Address
No. 52, Xincheng West Road, Unit 202-4, Building 6, Tianjin Economic & Technological Development Zone, Tianjin, CHN, 100020
China Green Electricity Investment Of Tianjin Co Ltd is a China-based company engages in the distribution of commercial residential buildings. The company's businesses involve investment in hotel accommodation, sales of commercial property, hotel catering, housing leasing and real estate consulting.
Executives
Xia Song Qian Executives
Lai Wei Tao Director
Qu Yong Director
Wu Xiao Yun Director

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