Anhui Shunyu Water Affaurs Co (SZSE:301519) Debt-to-Equity : 0.56 (As of Mar. 2024)

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What is Anhui Shunyu Water Affaurs Co Debt-to-Equity?

Anhui Shunyu Water Affaurs Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥123.3 Mil. Anhui Shunyu Water Affaurs Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥724.8 Mil. Anhui Shunyu Water Affaurs Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,521.9 Mil. Anhui Shunyu Water Affaurs Co's debt to equity for the quarter that ended in Mar. 2024 was 0.56.

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 Anhui Shunyu Water Affaurs Co's Debt-to-Equity or its related term are showing as below:

SZSE:301519' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3 Med: 0.82 Max: 1.02
Current: 0.56

During the past 6 years, the highest Debt-to-Equity Ratio of Anhui Shunyu Water Affaurs Co was 1.02. The lowest was 0.30. And the median was 0.82.

SZSE:301519's Debt-to-Equity is ranked better than
57.01% of 221 companies
in the Waste Management industry
Industry Median: 0.7 vs SZSE:301519: 0.56

Anhui Shunyu Water Affaurs Co Debt-to-Equity Historical Data

The historical data trend for Anhui Shunyu Water Affaurs 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.

Anhui Shunyu Water Affaurs Co Debt-to-Equity Chart

Anhui Shunyu Water Affaurs Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.68

0.82

0.84

0.90

0.54

Anhui Shunyu Water Affaurs Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial									0.92	1.02	0.48	0.54	0.56

Competitive Comparison of Anhui Shunyu Water Affaurs Co's Debt-to-Equity

For the Waste Management subindustry, Anhui Shunyu Water Affaurs 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.

Anhui Shunyu Water Affaurs Co's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Anhui Shunyu Water Affaurs Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Anhui Shunyu Water Affaurs Co's Debt-to-Equity falls into.

Anhui Shunyu Water Affaurs Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Anhui Shunyu Water Affaurs 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
	=	(110.215	+	708.82)	/	1515.549
	=	0.54

Anhui Shunyu Water Affaurs 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
	=	(123.27	+	724.76)	/	1521.853
	=	0.56

Anhui Shunyu Water Affaurs Co (SZSE:301519) 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.

Anhui Shunyu Water Affaurs Co Debt-to-Equity Related Terms

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Anhui Shunyu Water Affaurs Co (SZSE:301519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Anhui Shunyu Water Affaurs Co Ltd (SZSE:301519) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Huainan North Road, Shuangfeng Economic Development Zone, Changfeng, Anhui, Hefei, CHN, 231100

Website

http://www.ahshunyu.com

Anhui Shunyu Water Affaurs Co Ltd in engaged in providing Integrated services for overall solutions for secondary water supply, sewage treatment, and smart water services.

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