Metallurgical of China (Metallurgical of China) Debt-to-Equity : 0.71 (As of Mar. 2024)

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What is Metallurgical of China Debt-to-Equity?

Metallurgical of China's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $9,111 Mil. Metallurgical of China's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $5,946 Mil. Metallurgical of China's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $21,124 Mil. Metallurgical of China's debt to equity for the quarter that ended in Mar. 2024 was 0.71.

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

MLLUY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51 Med: 1.12 Max: 2.44
Current: 0.71

During the past 13 years, the highest Debt-to-Equity Ratio of Metallurgical of China was 2.44. The lowest was 0.51. And the median was 1.12.

MLLUY's Debt-to-Equity is ranked worse than
65.24% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs MLLUY: 0.71

Metallurgical of China Debt-to-Equity Historical Data

The historical data trend for Metallurgical of China'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.

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Metallurgical of China Debt-to-Equity Chart

Metallurgical of China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.87

0.70

0.56

0.52

0.51

Metallurgical of China Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.63	0.65	0.64	0.51	0.71

Competitive Comparison of Metallurgical of China's Debt-to-Equity

For the Engineering & Construction subindustry, Metallurgical of China'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.

Metallurgical of China's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Metallurgical of China's Debt-to-Equity distribution charts can be found below:

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

Metallurgical of China Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Metallurgical of China'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
	=	(5078.973	+	5317.797)	/	20374.805
	=	0.51

Metallurgical of China'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
	=	(9110.981	+	5946.346)	/	21124.147
	=	0.71

Metallurgical of China (OTCPK:MLLUY) 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.

Metallurgical of China Debt-to-Equity Related Terms

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Metallurgical of China (Metallurgical of China) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Metallurgical Corp of China Ltd (OTCPK:MLLUY) » Definitions » Debt-to-Equity

Traded in Other Exchanges

01618:Hong Kong 6MT:Germany 601618:China

Address

No. 28, Shuguang Xili, MCC Tower, Chaoyang DIstrict, Beijing, CHN, 100028

Website

http://www.mccchina.com

Metallurgical Corp of China Ltd is a metallurgical engineering and construction group operating primarily in China. The segments through which business is conducted are Engineering contracting business, the Property development business, Equipment Manufacturing business, the Resource development business, and Other businesses. It generates most revenues from the Engineering contracting business segment. Geographically, it derives most of its revenue from China.

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