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iMotion Automotive Technology (Suzhou) Co (HKSE:01274) Debt-to-Equity : 0.20 (As of Dec. 2023)


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What is iMotion Automotive Technology (Suzhou) Co Debt-to-Equity?

iMotion Automotive Technology (Suzhou) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$222 Mil. iMotion Automotive Technology (Suzhou) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$27 Mil. iMotion Automotive Technology (Suzhou) Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,229 Mil. iMotion Automotive Technology (Suzhou) Co's debt to equity for the quarter that ended in Dec. 2023 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 iMotion Automotive Technology (Suzhou) Co's Debt-to-Equity or its related term are showing as below:

HKSE:01274' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.28   Med: 0   Max: 0.2
Current: 0.2

During the past 4 years, the highest Debt-to-Equity Ratio of iMotion Automotive Technology (Suzhou) Co was 0.20. The lowest was -0.28. And the median was 0.00.

HKSE:01274's Debt-to-Equity is ranked better than
73.04% of 1172 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs HKSE:01274: 0.20

iMotion Automotive Technology (Suzhou) Co Debt-to-Equity Historical Data

The historical data trend for iMotion Automotive Technology (Suzhou) 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.

iMotion Automotive Technology (Suzhou) Co Debt-to-Equity Chart

iMotion Automotive Technology (Suzhou) Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
-0.28 -0.07 0.08 0.20

iMotion Automotive Technology (Suzhou) Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial -0.07 N/A 0.08 0.01 0.20

Competitive Comparison of iMotion Automotive Technology (Suzhou) Co's Debt-to-Equity

For the Auto Parts subindustry, iMotion Automotive Technology (Suzhou) 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.

iMotion Automotive Technology (Suzhou) Co's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, iMotion Automotive Technology (Suzhou) Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where iMotion Automotive Technology (Suzhou) Co's Debt-to-Equity falls into.


iMotion Automotive Technology (Suzhou) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

iMotion Automotive Technology (Suzhou) 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
=(222.36 + 27.114) / 1229.088
=0.20

iMotion Automotive Technology (Suzhou) Co'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
=(222.36 + 27.114) / 1229.088
=0.20

* 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.

iMotion Automotive Technology (Suzhou) Co  (HKSE:01274) 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.

iMotion Automotive Technology (Suzhou) Co Debt-to-Equity Related Terms

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iMotion Automotive Technology (Suzhou) Co (HKSE:01274) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » iMotion Automotive Technology (Suzhou) Co Ltd (HKSE:01274) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
19/F and 20/F Building G2, 88 Jinji Lake Avenue, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN
Website
https://www.imotion.ai
iMotion Automotive Technology (Suzhou) Co Ltd is an autonomous driving solution provider in China with a focus on AD domain controllers. It offers a wide range of autonomous driving solutions and products and also provide OEMs with various AD domain control units. It has commercialized two AD domain controller product lines which support level 2 to level 2+ autonomous driving functions, covering a wide price range of passenger vehicles and all types of driving scenarios, including highways, ring roads, complex urban roads, country roads, and parking areas. In addition to SuperVisionTM, it also provide self-designed and self-developed iDC series which includes iDC Mid and iDC High.

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