China Telecom (China Telecom) Debt-to-Equity : 0.15 (As of Dec. 2023)

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What is China Telecom Debt-to-Equity?

China Telecom's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,437 Mil. China Telecom's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6,693 Mil. China Telecom's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $62,033 Mil. China Telecom's debt to equity for the quarter that ended in Dec. 2023 was 0.15.

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

CHA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.3 Max: 0.38
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of China Telecom was 0.38. The lowest was 0.14. And the median was 0.30.

CHA's Debt-to-Equity is ranked better than
82.23% of 349 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs CHA: 0.15

China Telecom Debt-to-Equity Historical Data

The historical data trend for China Telecom'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.

China Telecom Debt-to-Equity Chart

China Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.34

0.26

0.14

0.18

0.15

China Telecom Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.18	0.16	0.15	0.15	N/A

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

For the Telecom Services subindustry, China Telecom'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.

China Telecom's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Telecom's Debt-to-Equity distribution charts can be found below:

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

China Telecom Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Telecom'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
	=	(2436.766	+	6693.37)	/	62032.716
	=	0.15

China Telecom'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
	=	(2436.766	+	6693.37)	/	62032.716
	=	0.15

China Telecom (NYSE:CHA) 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.

China Telecom Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of China Telecom's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

China Telecom (China Telecom) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Telecom Corp Ltd (NYSE:CHA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

00728:Hong Kong ZCH:Germany 601728:China

Address

31 Jinrong Street, Xicheng District, Beijing, CHN, 100033

Website

https://www.chinatelecom-h.com

China Telecom is the largest fixed-line operator in China, originally covering 21 southern provinces. It has 102 million fixed-line subscribers, 189 million broadband customers, and 406 million wireless subscribers, having overtaken China Unicom to become the second-largest wireless operator in China behind China Mobile. The firm is increasing its cross-selling of products and seeing strong growth from industrial digitization services, such as internet data centers and cloud computing. Its internet data center business is already the largest in China, with a plan to have 560,000 cabinets by end 2023.