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China Container Terminal (TPE:2613) Debt-to-Equity : 1.84 (As of Dec. 2023)


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What is China Container Terminal Debt-to-Equity?

China Container Terminal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$1,076 Mil. China Container Terminal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$4,759 Mil. China Container Terminal's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$3,171 Mil. China Container Terminal's debt to equity for the quarter that ended in Dec. 2023 was 1.84.

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 Container Terminal's Debt-to-Equity or its related term are showing as below:

TPE:2613' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29   Med: 1.22   Max: 2.35
Current: 1.84

During the past 13 years, the highest Debt-to-Equity Ratio of China Container Terminal was 2.35. The lowest was 0.29. And the median was 1.22.

TPE:2613's Debt-to-Equity is ranked worse than
85.6% of 882 companies
in the Transportation industry
Industry Median: 0.545 vs TPE:2613: 1.84

China Container Terminal Debt-to-Equity Historical Data

The historical data trend for China Container Terminal'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 Container Terminal Debt-to-Equity Chart

China Container Terminal 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 2.35 2.21 1.93 1.87 1.84

China Container Terminal Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.87 1.95 1.97 1.92 1.84

Competitive Comparison of China Container Terminal's Debt-to-Equity

For the Marine Shipping subindustry, China Container Terminal'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 Container Terminal's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Container Terminal's Debt-to-Equity distribution charts can be found below:

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



China Container Terminal Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Container Terminal's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

China Container Terminal's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


China Container Terminal  (TPE:2613) 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 Container Terminal Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of China Container Terminal's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


China Container Terminal (TPE:2613) Business Description

Traded in Other Exchanges
N/A
Address
275, Datong Road, Section 3, Xizhi District, Taipei, TWN
China Container Terminal Corp is engaged in contracted operations of container freight stations at the port and on land as well as ship stevedore operations in commercial port areas.

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