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Sichuan Languang Development Co (SHSE:600466) Debt-to-Equity : -1.89 (As of Mar. 2023)


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What is Sichuan Languang Development Co Debt-to-Equity?

Sichuan Languang Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ¥40,745 Mil. Sichuan Languang Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ¥5,699 Mil. Sichuan Languang Development Co's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ¥-24,523 Mil. Sichuan Languang Development Co's debt to equity for the quarter that ended in Mar. 2023 was -1.89.

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 Sichuan Languang Development Co's Debt-to-Equity or its related term are showing as below:

SHSE:600466's Debt-to-Equity is not ranked *
in the Real Estate industry.
Industry Median: 0.76
* Ranked among companies with meaningful Debt-to-Equity only.

Sichuan Languang Development Co Debt-to-Equity Historical Data

The historical data trend for Sichuan Languang Development 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.

Sichuan Languang Development Co Debt-to-Equity Chart

Sichuan Languang Development Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.35 2.96 3.84 37.11 -1.97

Sichuan Languang Development Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 46.87 -13.62 -4.53 -1.97 -1.89

Competitive Comparison of Sichuan Languang Development Co's Debt-to-Equity

For the Real Estate Services subindustry, Sichuan Languang Development 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.


Sichuan Languang Development Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sichuan Languang Development Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sichuan Languang Development Co's Debt-to-Equity falls into.



Sichuan Languang Development Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sichuan Languang Development Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sichuan Languang Development Co's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Sichuan Languang Development Co  (SHSE:600466) 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.


Sichuan Languang Development Co Debt-to-Equity Related Terms

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Sichuan Languang Development Co (SHSE:600466) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Dikang Avenue, Chengdu Hi-Tech Industrial Development West Zone, Chengdu, Sichuan, CHN, 611731
Sichuan Languang Development Co Ltd is a Chinese real estate company that offers real estate finance and property services. It is also involved in corporate planning, consulting services, corporate management, real estate investment, real estate development and management, land consolidation, commercial asset investment, operation, own house leasing, asset management, and property management services.

Sichuan Languang Development Co (SHSE:600466) Headlines

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