Senton Energy Co (SZSE:001331) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Senton Energy Co Debt-to-Equity?

Senton Energy Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1 Mil. Senton Energy Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1 Mil. Senton Energy Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,521 Mil. Senton Energy Co's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

During the past 6 years, the highest Debt-to-Equity Ratio of Senton Energy Co was 0.12. The lowest was 0.00. And the median was 0.09.

SZSE:001331's Debt-to-Equity is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.45
* Ranked among companies with meaningful Debt-to-Equity only.

Senton Energy Co Debt-to-Equity Historical Data

The historical data trend for Senton Energy 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.

Senton Energy Co Debt-to-Equity Chart

Senton Energy Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.09

Senton Energy Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial										-	-	0.12	0.09	-

Competitive Comparison of Senton Energy Co's Debt-to-Equity

For the Oil & Gas Midstream subindustry, Senton Energy 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.

Senton Energy Co's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Senton Energy Co's Debt-to-Equity distribution charts can be found below:

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

Senton Energy Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Senton Energy 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
	=	(130.399	+	0.591)	/	1504.851
	=	0.09

Senton Energy 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
	=	(0.509	+	0.59)	/	1521.254
	=	0.00

Senton Energy Co (SZSE:001331) 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.

Senton Energy Co Debt-to-Equity Related Terms

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Senton Energy Co (SZSE:001331) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Senton Energy Co Ltd (SZSE:001331) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

No. 5000, Heping Road, Economic Development Zone, Longkou City, Shandong Province, Yantai, CHN, 265700

Website

http://www.senton.cn

Senton Energy Co Ltd main business is LNG procurement, transportation, sales and crude oil, general cargo transportation services.

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