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Xiandai Investment Co (SZSE:000900) Debt-to-Equity : 2.23 (As of Mar. 2024)


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What is Xiandai Investment Co Debt-to-Equity?

Xiandai Investment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5,875 Mil. Xiandai Investment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥22,006 Mil. Xiandai Investment Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥12,530 Mil. Xiandai Investment Co's debt to equity for the quarter that ended in Mar. 2024 was 2.23.

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 Xiandai Investment Co's Debt-to-Equity or its related term are showing as below:

SZSE:000900' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.95   Med: 1.31   Max: 2.44
Current: 2.23

During the past 13 years, the highest Debt-to-Equity Ratio of Xiandai Investment Co was 2.44. The lowest was 0.95. And the median was 1.31.

SZSE:000900's Debt-to-Equity is ranked worse than
91.96% of 1518 companies
in the Construction industry
Industry Median: 0.44 vs SZSE:000900: 2.23

Xiandai Investment Co Debt-to-Equity Historical Data

The historical data trend for Xiandai Investment 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.

Xiandai Investment Co Debt-to-Equity Chart

Xiandai Investment 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 1.15 1.97 1.96 2.36 2.19

Xiandai Investment 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 2.35 2.36 2.26 2.19 2.23

Competitive Comparison of Xiandai Investment Co's Debt-to-Equity

For the Infrastructure Operations subindustry, Xiandai Investment 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.


Xiandai Investment Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Xiandai Investment Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Xiandai Investment Co's Debt-to-Equity falls into.



Xiandai Investment Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Xiandai Investment Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Xiandai Investment 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.


Xiandai Investment Co  (SZSE:000900) 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.


Xiandai Investment Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Xiandai Investment Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Xiandai Investment Co (SZSE:000900) Business Description

Traded in Other Exchanges
N/A
Address
Furong South Road, Modern Plaza, No. 128, Section 2, Tianxin District, Hunan, Changsha, CHN, 410004
Xiandai Investment Co Ltd constructs operates and manages highway in China. The company is also involved in futures trading, finance investment and real estate activities.
Executives
Chen Min Supervisors
Du Ming Hui Executives
Yuan Yu Director
Yan Ru Yi Executives
Bao Qun Director
Zhang Ning Executives
Liu Zhong Supervisors
Ma Yu Guo Secretary Dong
Jin Yong Director
Xiao He Sheng Supervisors
Liu Gui Liang Director
Song Wei Jie Director
Liu Yu Xin Executives
Tian Ying Ming Supervisors
Liu Chu Ping Directors, executives

Xiandai Investment Co (SZSE:000900) Headlines

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