Datang International Power Generation Co (Datang International Power Generation Co) Debt-to-Equity : 2.21 (As of Mar. 2024)

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What is Datang International Power Generation Co Debt-to-Equity?

Datang International Power Generation Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $7,853 Mil. Datang International Power Generation Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $16,180 Mil. Datang International Power Generation Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $10,856 Mil. Datang International Power Generation Co's debt to equity for the quarter that ended in Mar. 2024 was 2.21.

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 Datang International Power Generation Co's Debt-to-Equity or its related term are showing as below:

DIPGF' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.05 Med: 3.02 Max: 4.3
Current: 2.37

During the past 13 years, the highest Debt-to-Equity Ratio of Datang International Power Generation Co was 4.30. The lowest was 2.05. And the median was 3.02.

DIPGF's Debt-to-Equity is ranked worse than
83.46% of 387 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.84 vs DIPGF: 2.37

Datang International Power Generation Co Debt-to-Equity Historical Data

The historical data trend for Datang International Power Generation 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.

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Datang International Power Generation Co Debt-to-Equity Chart

Datang International Power Generation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.50

2.05

2.70

2.85

2.37

Datang International Power Generation 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															2.34	2.38	2.13	2.37	2.21

Competitive Comparison of Datang International Power Generation Co's Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, Datang International Power Generation 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.

Datang International Power Generation Co's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Datang International Power Generation Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Datang International Power Generation Co's Debt-to-Equity falls into.

Datang International Power Generation Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Datang International Power Generation 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
	=	(8117.676	+	16352.337)	/	10307.006
	=	2.37

Datang International Power Generation 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
	=	(7852.831	+	16180.422)	/	10855.73
	=	2.21

Datang International Power Generation Co (OTCPK:DIPGF) 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.

Datang International Power Generation Co Debt-to-Equity Related Terms

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Datang International Power Generation Co (Datang International Power Generation Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Datang International Power Generation Co Ltd (OTCPK:DIPGF) » Definitions » Debt-to-Equity

Traded in Other Exchanges

00991:Hong Kong BJI:Germany 601991:China

Address

No.9 Guangningbo Street, Xicheng District, Beijing, CHN, 100033

Website

http://www.dtpower.com

Datang International Power Generation Co Ltd is one of five state-controlled independent power producers in China. The power generation businesses of the Company and its subsidiaries cover provinces, municipalities and autonomous regions across the country, whereas coalfired power generators of the Company are centralized in the Beijing-Tianjin-Hebei and southeast coastal regions. Majority of the hydropower projects are located in the south west region. Wind power and photovoltaic power projects are distributed across the country in areas with abundant resources. The operating segments of the group are: Power and heat generation segment; Coal segment and Other segments.

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