GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » BAIC Motor Corp Ltd (OTCPK:BCCMY) » Definitions » Debt-to-Equity

BAIC Motor (BAIC Motor) Debt-to-Equity : 0.26 (As of Sep. 2023)


View and export this data going back to 2015. Start your Free Trial

What is BAIC Motor Debt-to-Equity?

BAIC Motor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $994 Mil. BAIC Motor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1,009 Mil. BAIC Motor's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $7,827 Mil. BAIC Motor's debt to equity for the quarter that ended in Sep. 2023 was 0.26.

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 BAIC Motor's Debt-to-Equity or its related term are showing as below:

BCCMY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26   Med: 0.57   Max: 0.97
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of BAIC Motor was 0.97. The lowest was 0.26. And the median was 0.57.

BCCMY's Debt-to-Equity is ranked better than
68.74% of 1174 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs BCCMY: 0.24

BAIC Motor Debt-to-Equity Historical Data

The historical data trend for BAIC Motor'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.

BAIC Motor Debt-to-Equity Chart

BAIC Motor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.40 0.43 0.33 0.24

BAIC Motor Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.33 0.31 0.26 0.24

Competitive Comparison of BAIC Motor's Debt-to-Equity

For the Auto Manufacturers subindustry, BAIC Motor'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.


BAIC Motor's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BAIC Motor's Debt-to-Equity distribution charts can be found below:

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



BAIC Motor Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BAIC Motor's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

BAIC Motor's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

* 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.


BAIC Motor  (OTCPK:BCCMY) 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.


BAIC Motor Debt-to-Equity Related Terms

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


BAIC Motor (BAIC Motor) Business Description

Traded in Other Exchanges
Address
No. 99 Shuanghe Street, A5-061, Unit 101, 5th Floor, Building No 1, Courtyard, Shunyi District, Beijing, CHN, 101300
BAIC Motor Corp Ltd is a provincial state-owned enterprise that manufactures passenger vehicles (PV) and automotive components. The majority of BAIC's revenue and operating profits come from joint ventures with Mercedes Benz and Hyundai. The firm also manufactures and sells its own vehicles under the Beijing Brand.

BAIC Motor (BAIC Motor) Headlines

From GuruFocus

BAIC Motor: A Leader in the Chinese EV Market

By Alberto Abaterusso 07-26-2021