AECC Aero-Engine Controls Co (SZSE:000738) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is AECC Aero-Engine Controls Co Debt-to-Equity?

AECC Aero-Engine Controls Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥17 Mil. AECC Aero-Engine Controls Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥7 Mil. AECC Aero-Engine Controls Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥12,083 Mil. AECC Aero-Engine Controls Co's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 AECC Aero-Engine Controls Co's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of AECC Aero-Engine Controls Co was 0.20. The lowest was 0.00. And the median was 0.07.

SZSE:000738's Debt-to-Equity is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

AECC Aero-Engine Controls Co Debt-to-Equity Historical Data

The historical data trend for AECC Aero-Engine Controls 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.

AECC Aero-Engine Controls Co Debt-to-Equity Chart

AECC Aero-Engine Controls Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.07

0.05

0.02

0.01

AECC Aero-Engine Controls Co 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															-	-	-	-	-

Competitive Comparison of AECC Aero-Engine Controls Co's Debt-to-Equity

For the Aerospace & Defense subindustry, AECC Aero-Engine Controls 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.

AECC Aero-Engine Controls Co's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AECC Aero-Engine Controls Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where AECC Aero-Engine Controls Co's Debt-to-Equity falls into.

AECC Aero-Engine Controls Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AECC Aero-Engine Controls 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
	=	(16.556	+	10.828)	/	11819.804
	=	0.00

AECC Aero-Engine Controls Co'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
	=	(16.558	+	6.607)	/	12082.819
	=	0.00

AECC Aero-Engine Controls Co (SZSE:000738) 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.

AECC Aero-Engine Controls Co Debt-to-Equity Related Terms

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AECC Aero-Engine Controls Co (SZSE:000738) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AECC Aero-Engine Controls Co Ltd (SZSE:000738) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.72 , Liangxi Road, Binhu District, Jiangsu Province, Wuxi City, CHN

Website

http://www.aaec.com.cn

AECC Aero-Engine Controls Co Ltd is engaged in the provision of aviation and defense and non-aviation civilian products. The company provides civil aviation control system precision components for well-known aviation companies abroad. It operates through three major business segments, Engine Control Systems and Components, International Cooperation and Non-Navigation Products. The Engine Control System and Components business mainly include the development, production, repair, and sales of aero-engine control systems and derivative products.

AECC Aero-Engine Controls Co (SZSE:000738) Headlines

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