Sinotrans (FRA:SIY) Debt-to-Equity : 0.20 (As of Mar. 2024)

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What is Sinotrans Debt-to-Equity?

Sinotrans's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €91 Mil. Sinotrans's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €898 Mil. Sinotrans's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €4,940 Mil. Sinotrans's debt to equity for the quarter that ended in Mar. 2024 was 0.20.

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

FRA:SIY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.46 Max: 0.74
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Sinotrans was 0.74. The lowest was 0.20. And the median was 0.46.

FRA:SIY's Debt-to-Equity is ranked better than
77.92% of 883 companies
in the Transportation industry
Industry Median: 0.57 vs FRA:SIY: 0.20

Sinotrans Debt-to-Equity Historical Data

The historical data trend for Sinotrans'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.

Sinotrans Debt-to-Equity Chart

Sinotrans Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.51

0.49

0.45

0.34

Sinotrans Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.43	0.20	0.34	0.20

Competitive Comparison of Sinotrans's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Sinotrans'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.

Sinotrans's Debt-to-Equity Distribution in the Transportation Industry

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

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

Sinotrans Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sinotrans'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
	=	(746.042	+	880.003)	/	4854.791
	=	0.33

Sinotrans'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
	=	(90.88	+	898.433)	/	4940.379
	=	0.20

Sinotrans (FRA:SIY) 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.

Sinotrans Debt-to-Equity Related Terms

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

Sinotrans (FRA:SIY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sinotrans Ltd (FRA:SIY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SNOTF:USA 00598:Hong Kong SIY:Germany 601598:China

Address

Building 10, No. 5 Anding Road, Sinotrans Building Tower B, Chaoyang District, Beijing, CHN, 100029

Website

http://www.sinotrans.com

Sinotrans Ltd is an integrated logistics services company. The company organizes itself into three segments: forwarding and related business, logistics business, and e-commerce business. The forwarding and related business segment, which contributes the majority of revenue, includes providing services such as freight forwarding, warehousing, storage yards, container loading and, terminal services, among others. The logistics segment provides professional and customized logistics services. The E-commerce segment includes logistics solutions for import and export e-commerce customers.

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