China Auto Logistics (China Auto Logistics) Debt-to-Equity : 3.10 (As of Sep. 2017)

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What is China Auto Logistics Debt-to-Equity?

China Auto Logistics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $77.5 Mil. China Auto Logistics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $0.0 Mil. China Auto Logistics's Total Stockholders Equity for the quarter that ended in Sep. 2017 was $25.0 Mil. China Auto Logistics's debt to equity for the quarter that ended in Sep. 2017 was 3.10.

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 China Auto Logistics's Debt-to-Equity or its related term are showing as below:

CALIQ's Debt-to-Equity is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 0.48
* Ranked among companies with meaningful Debt-to-Equity only.

China Auto Logistics Debt-to-Equity Historical Data

The historical data trend for China Auto Logistics'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.

China Auto Logistics Debt-to-Equity Chart

China Auto Logistics Annual Data

Trend

Nov07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Debt-to-Equity

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1.42

1.55

4.31

6.65

2.55

China Auto Logistics Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Debt-to-Equity	Get a 7-Day Free Trial															3.57	2.55	2.73	3.73	3.10

Competitive Comparison of China Auto Logistics's Debt-to-Equity

For the Auto & Truck Dealerships subindustry, China Auto Logistics'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.

China Auto Logistics's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Auto Logistics's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Auto Logistics's Debt-to-Equity falls into.

China Auto Logistics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Auto Logistics's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 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
	=	(60.043	+	0)	/	23.56
	=	2.55

China Auto Logistics's Debt to Equity Ratio for the quarter that ended in Sep. 2017 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
	=	(77.473	+	0)	/	25.025
	=	3.10

China Auto Logistics (OTCPK:CALIQ) 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.

China Auto Logistics Debt-to-Equity Related Terms

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China Auto Logistics (China Auto Logistics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China Auto Logistics Inc (OTCPK:CALIQ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

86 Tianbao Avenue, Floor 1 FTZ International Auto Mall, Free Trade Zone, Tianjin, CHN, 300461

Website

http://www.chinaautologisticsinc.com

China Auto Logistics Inc is the wholesaler of imported luxury automobiles. The company's operating segment includes Sales of Automobiles; Financing Services and Other Services. It generates maximum revenue from the Sales of Automobiles segment. Entire revenue from operations of the company is generated in China. The company also delivers logistics services related to the automobile importing process and other automobile value-added services, such as assistance with customs clearance, storage, and nationwide delivery services.