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Jiangsu Ankura Intelligent Power Co (SZSE:300617) Debt-to-Equity : 0.09 (As of Mar. 2024)


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What is Jiangsu Ankura Intelligent Power Co Debt-to-Equity?

Jiangsu Ankura Intelligent Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥227.9 Mil. Jiangsu Ankura Intelligent Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥18.0 Mil. Jiangsu Ankura Intelligent Power Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,789.2 Mil. Jiangsu Ankura Intelligent Power Co's debt to equity for the quarter that ended in Mar. 2024 was 0.09.

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 Jiangsu Ankura Intelligent Power Co's Debt-to-Equity or its related term are showing as below:

SZSE:300617' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.09   Max: 0.23
Current: 0.09

During the past 12 years, the highest Debt-to-Equity Ratio of Jiangsu Ankura Intelligent Power Co was 0.23. The lowest was 0.01. And the median was 0.09.

SZSE:300617's Debt-to-Equity is ranked better than
76.24% of 2630 companies
in the Industrial Products industry
Industry Median: 0.29 vs SZSE:300617: 0.09

Jiangsu Ankura Intelligent Power Co Debt-to-Equity Historical Data

The historical data trend for Jiangsu Ankura Intelligent Power 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.

Jiangsu Ankura Intelligent Power Co Debt-to-Equity Chart

Jiangsu Ankura Intelligent Power 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 0.09 0.01 0.08 0.16 0.04

Jiangsu Ankura Intelligent Power 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 0.13 0.15 0.03 0.04 0.09

Competitive Comparison of Jiangsu Ankura Intelligent Power Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Jiangsu Ankura Intelligent Power 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.


Jiangsu Ankura Intelligent Power Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Ankura Intelligent Power Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jiangsu Ankura Intelligent Power Co's Debt-to-Equity falls into.



Jiangsu Ankura Intelligent Power Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jiangsu Ankura Intelligent Power Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Jiangsu Ankura Intelligent Power 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.


Jiangsu Ankura Intelligent Power Co  (SZSE:300617) 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.


Jiangsu Ankura Intelligent Power Co Debt-to-Equity Related Terms

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Jiangsu Ankura Intelligent Power Co (SZSE:300617) Business Description

Traded in Other Exchanges
N/A
Address
No. 100 Tianmuhu Avenue, Tianmu Lake Industrial Park, Jiangsu Province, Liyang, CHN, 213333
Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd is a China based supplier of ultra-high voltage cable system solutions. It provides customers with connectors, laying materials, monitoring and control of intelligent equipment. In addition, the company also offers customers with the design, construction, and equipment comprehensive professional services including testing, operation and maintenance. The product categories of the company comprise Cable transmission system and GIL transmission system. Cable transmission system includes porcelain sleeve terminal, composite terminal, transformer terminal, and branch connector. GIL transmission system includes gas pipeline bus, GIL casing, and GIL monitoring system.
Executives
Chen Xiao Ming Director
Wang Jian Ping Executives
Wang Chun Mei Executives
Zhao Bing Song Directors, executives

Jiangsu Ankura Intelligent Power Co (SZSE:300617) Headlines

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