Country Garden Holdings Co (Country Garden Holdings Co) Debt-to-Equity : 1.67 (As of Jun. 2023)

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What is Country Garden Holdings Co Debt-to-Equity?

Country Garden Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $15,190 Mil. Country Garden Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $20,907 Mil. Country Garden Holdings Co's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $21,652 Mil. Country Garden Holdings Co's debt to equity for the quarter that ended in Jun. 2023 was 1.67.

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 Country Garden Holdings Co's Debt-to-Equity or its related term are showing as below:

CTRYY' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.02 Med: 1.71 Max: 2.8
Current: 1.67

During the past 13 years, the highest Debt-to-Equity Ratio of Country Garden Holdings Co was 2.80. The lowest was 1.02. And the median was 1.71.

CTRYY's Debt-to-Equity is ranked worse than
77.08% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs CTRYY: 1.67

Country Garden Holdings Co Debt-to-Equity Historical Data

The historical data trend for Country Garden Holdings 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.

Country Garden Holdings Co Debt-to-Equity Chart

Country Garden Holdings Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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2.71

2.44

1.87

1.60

1.33

Country Garden Holdings Co Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															1.76	1.60	1.49	1.33	1.67

Competitive Comparison of Country Garden Holdings Co's Debt-to-Equity

For the Real Estate - Development subindustry, Country Garden Holdings 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.

Country Garden Holdings Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Country Garden Holdings Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Country Garden Holdings Co's Debt-to-Equity falls into.

Country Garden Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Country Garden Holdings Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(13454.107	+	25520.318)	/	29207.08
	=	1.33

Country Garden Holdings Co's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(15190.186	+	20907.085)	/	21652.331
	=	1.67

Country Garden Holdings Co (OTCPK:CTRYY) 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.

Country Garden Holdings Co Debt-to-Equity Related Terms

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

Country Garden Holdings Co (Country Garden Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Country Garden Holdings Co Ltd (OTCPK:CTRYY) » Definitions » Debt-to-Equity

Traded in Other Exchanges

CTRYF:USA 02007:Hong Kong DZJ:Germany

Address

No. 1 Country Garden Road, Country Garden Centre, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528312

Website

https://www.countrygarden.com.cn

Listed in 2007, Country Garden Holdings has been one of the largest China real estate developers in contracted sales with a focus on Tier 3 and lower-tier cities. Property development has represented most of CGH's revenue and earnings, and the firm has tapped into new businesses such as robotics construction and venture capital investment. Following the retirement of founder Yang Guoqiang, Yang Huiyan (daughter of Yang Guoqiang) holds an over 50% stake of the company, while Ping An Life Insurance retains 7.7% equity ownership after the private placement in 2015.