Guangzhou Metro Design & Research Institute Co (SZSE:003013) Debt-to-Equity : 0.14 (As of Mar. 2024)

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What is Guangzhou Metro Design & Research Institute Co Debt-to-Equity?

Guangzhou Metro Design & Research Institute Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥321 Mil. Guangzhou Metro Design & Research Institute Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥27 Mil. Guangzhou Metro Design & Research Institute Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,543 Mil. Guangzhou Metro Design & Research Institute Co's debt to equity for the quarter that ended in Mar. 2024 was 0.14.

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 Guangzhou Metro Design & Research Institute Co's Debt-to-Equity or its related term are showing as below:

SZSE:003013' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.04 Max: 0.16
Current: 0.14

During the past 8 years, the highest Debt-to-Equity Ratio of Guangzhou Metro Design & Research Institute Co was 0.16. The lowest was 0.03. And the median was 0.04.

SZSE:003013's Debt-to-Equity is ranked better than
74.34% of 1516 companies
in the Construction industry
Industry Median: 0.44 vs SZSE:003013: 0.14

Guangzhou Metro Design & Research Institute Co Debt-to-Equity Historical Data

The historical data trend for Guangzhou Metro Design & Research Institute 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.

Guangzhou Metro Design & Research Institute Co Debt-to-Equity Chart

Guangzhou Metro Design & Research Institute Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.04

0.15

Guangzhou Metro Design & Research Institute 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															0.03	0.16	0.16	0.15	0.14

Competitive Comparison of Guangzhou Metro Design & Research Institute Co's Debt-to-Equity

For the Engineering & Construction subindustry, Guangzhou Metro Design & Research Institute 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.

Guangzhou Metro Design & Research Institute Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Guangzhou Metro Design & Research Institute Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Guangzhou Metro Design & Research Institute Co's Debt-to-Equity falls into.

Guangzhou Metro Design & Research Institute Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Guangzhou Metro Design & Research Institute 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
	=	(320.777	+	33.215)	/	2412.599
	=	0.15

Guangzhou Metro Design & Research Institute 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
	=	(321.483	+	27.1)	/	2543.149
	=	0.14

Guangzhou Metro Design & Research Institute Co (SZSE:003013) 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.

Guangzhou Metro Design & Research Institute Co Debt-to-Equity Related Terms

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Guangzhou Metro Design & Research Institute Co (SZSE:003013) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Guangzhou Metro Design & Research Institute Co Ltd (SZSE:003013) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 204, Huanshi West Road, Yuexiu District, Guangdong Province, Guangzhou, CHN, 510010

Website

https://www.gmdi.cn

Guangzhou Metro Design & Research Institute Co Ltd is engaged in survey and design, planning consultation, general engineering contracting in urban rail transit, municipal administration, construction and other fields. The company's design items, include various types of subway, light rail, intercity rail transportation, modern trams, automatic rail system, low-speed magnetic levitation , operating traffic mileage of more than 500 kilometers; stations and various tunnel; completed the cities of network planning, underground space development, superstructure, transportation hubs and other projects.

Executives

Liao Jing

Directors, executives

Guangzhou Metro Design & Research Institute Co (SZSE:003013) Headlines

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