Wuling Motors Holdings (FRA:6LY) Debt-to-Equity : 1.22 (As of Dec. 2023)

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What is Wuling Motors Holdings Debt-to-Equity?

Wuling Motors Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €171 Mil. Wuling Motors Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €133 Mil. Wuling Motors Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €248 Mil. Wuling Motors Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.22.

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 Wuling Motors Holdings's Debt-to-Equity or its related term are showing as below:

FRA:6LY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.84 Max: 1.49
Current: 1.22

During the past 13 years, the highest Debt-to-Equity Ratio of Wuling Motors Holdings was 1.49. The lowest was 0.05. And the median was 0.84.

FRA:6LY's Debt-to-Equity is ranked worse than
79.93% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs FRA:6LY: 1.22

Wuling Motors Holdings Debt-to-Equity Historical Data

The historical data trend for Wuling Motors Holdings'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.

Wuling Motors Holdings Debt-to-Equity Chart

Wuling Motors Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.49

1.02

0.83

1.22

Wuling Motors Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.83	1.53	1.22	1.18	1.22

Competitive Comparison of Wuling Motors Holdings's Debt-to-Equity

For the Auto Parts subindustry, Wuling Motors Holdings'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.

Wuling Motors Holdings's Debt-to-Equity Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Wuling Motors Holdings's Debt-to-Equity falls into.

Wuling Motors Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wuling Motors Holdings'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
	=	(171.244	+	132.884)	/	248.49
	=	1.22

Wuling Motors Holdings's Debt to Equity Ratio for the quarter 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
	=	(171.244	+	132.884)	/	248.49
	=	1.22

Wuling Motors Holdings (FRA:6LY) 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.

Wuling Motors Holdings Debt-to-Equity Related Terms

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Wuling Motors Holdings (FRA:6LY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Wuling Motors Holdings Ltd (FRA:6LY) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

WLMTF:USA 00305:Hong Kong

Address

168–200 Connaught Road, Shun Tak Centre, Unit 3406, 34th Floor, West Tower, Central, Hong Kong, HKG

Website

https://www.wuling.com.hk

Wuling Motors Holdings Ltd is an investment holding company. Its principal activities are the manufacturing and sale of engines, engine-related parts, other power supply products, automotive components and accessories, steel and specialized vehicles (including new energy vehicles), as well as the provision of water and power supply to customers. The segments of the group are Vehicles' power supply systems; Automotive components and other industrial services, which is the key revenue-generating segment; Commercial vehicle assembly; and Others. The group derives a majority of its revenue from Mainland China.

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