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Inner Mongolia Dian Tou Energy (SZSE:002128) Debt-to-Equity : 0.27 (As of Mar. 2024)


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What is Inner Mongolia Dian Tou Energy Debt-to-Equity?

Inner Mongolia Dian Tou Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,005 Mil. Inner Mongolia Dian Tou Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥7,837 Mil. Inner Mongolia Dian Tou Energy's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥33,010 Mil. Inner Mongolia Dian Tou Energy's debt to equity for the quarter that ended in Mar. 2024 was 0.27.

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 Inner Mongolia Dian Tou Energy's Debt-to-Equity or its related term are showing as below:

SZSE:002128' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21   Med: 0.39   Max: 0.74
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Inner Mongolia Dian Tou Energy was 0.74. The lowest was 0.21. And the median was 0.39.

SZSE:002128's Debt-to-Equity is ranked worse than
59.84% of 127 companies
in the Other Energy Sources industry
Industry Median: 0.21 vs SZSE:002128: 0.27

Inner Mongolia Dian Tou Energy Debt-to-Equity Historical Data

The historical data trend for Inner Mongolia Dian Tou Energy'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.

Inner Mongolia Dian Tou Energy Debt-to-Equity Chart

Inner Mongolia Dian Tou Energy 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 0.69 0.55 0.48 0.40 0.27

Inner Mongolia Dian Tou Energy 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 0.34 0.29 0.30 0.27 0.27

Competitive Comparison of Inner Mongolia Dian Tou Energy's Debt-to-Equity

For the Thermal Coal subindustry, Inner Mongolia Dian Tou Energy'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.


Inner Mongolia Dian Tou Energy's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Inner Mongolia Dian Tou Energy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Dian Tou Energy's Debt-to-Equity falls into.



Inner Mongolia Dian Tou Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Inner Mongolia Dian Tou Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Inner Mongolia Dian Tou Energy'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.


Inner Mongolia Dian Tou Energy  (SZSE:002128) 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.


Inner Mongolia Dian Tou Energy Debt-to-Equity Related Terms

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Inner Mongolia Dian Tou Energy (SZSE:002128) Business Description

Traded in Other Exchanges
N/A
Address
Zhelimu Avenue, Huolinguole, Inner Mongolia, CHN, 029200
Huolinhe Opencut Coal Industry Corp Ltd Of Inner Mongolia operates in the coal industry. The company's main business is the production and sales of coal products; thermal power generation, coal mining and power generation.

Inner Mongolia Dian Tou Energy (SZSE:002128) Headlines

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