Shenzhen Urban Transport Planning Center Co (SZSE:301091) Debt-to-Equity : 0.03 (As of Mar. 2024)

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What is Shenzhen Urban Transport Planning Center Co Debt-to-Equity?

Shenzhen Urban Transport Planning Center Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥14 Mil. Shenzhen Urban Transport Planning Center Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥41 Mil. Shenzhen Urban Transport Planning Center Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,203 Mil. Shenzhen Urban Transport Planning Center Co's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Shenzhen Urban Transport Planning Center Co's Debt-to-Equity or its related term are showing as below:

SZSE:301091' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.14 Max: 0.88
Current: 0.03

During the past 7 years, the highest Debt-to-Equity Ratio of Shenzhen Urban Transport Planning Center Co was 0.88. The lowest was 0.03. And the median was 0.14.

SZSE:301091's Debt-to-Equity is ranked better than
86.6% of 2224 companies
in the Software industry
Industry Median: 0.21 vs SZSE:301091: 0.03

Shenzhen Urban Transport Planning Center Co Debt-to-Equity Historical Data

The historical data trend for Shenzhen Urban Transport Planning Center 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.

Shenzhen Urban Transport Planning Center Co Debt-to-Equity Chart

Shenzhen Urban Transport Planning Center Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.14

0.26

0.23

0.05

0.03

Shenzhen Urban Transport Planning Center Co Quarterly Data
	Dec18	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															0.04	0.04	0.03	0.03	0.03

Competitive Comparison of Shenzhen Urban Transport Planning Center Co's Debt-to-Equity

For the Software - Application subindustry, Shenzhen Urban Transport Planning Center 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.

Shenzhen Urban Transport Planning Center Co's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Shenzhen Urban Transport Planning Center Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shenzhen Urban Transport Planning Center Co's Debt-to-Equity falls into.

Shenzhen Urban Transport Planning Center Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shenzhen Urban Transport Planning Center 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
	=	(15.758	+	44.189)	/	2231.79
	=	0.03

Shenzhen Urban Transport Planning Center 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
	=	(13.532	+	41.485)	/	2203.294
	=	0.02

Shenzhen Urban Transport Planning Center Co (SZSE:301091) 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.

Shenzhen Urban Transport Planning Center Co Debt-to-Equity Related Terms

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Shenzhen Urban Transport Planning Center Co (SZSE:301091) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shenzhen Urban Transport Planning Center Co Ltd (SZSE:301091) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Minzhi Street, Phase 3 Commercial Building, Galaxy Legend Garden, Longtang Community, 1210, Block C, Building 1, Longhua District, Guangdong Province, Shenzhen, CHN, 518000

Website

http://www.sutpc.com

Shenzhen Urban Transport Planning Center Co Ltd is engaged in the planning consulting, engineering design and testing, big data software and smart transportation, etc.

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