China Railway Construction (China Railway Construction) Debt-to-Equity : 1.09 (As of Dec. 2023)

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What is China Railway Construction Debt-to-Equity?

China Railway Construction's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $19,090 Mil. China Railway Construction's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $28,113 Mil. China Railway Construction's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $43,393 Mil. China Railway Construction's debt to equity for the quarter that ended in Dec. 2023 was 1.09.

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 Railway Construction's Debt-to-Equity or its related term are showing as below:

CWYCY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.86 Med: 1.06 Max: 1.67
Current: 1.09

During the past 13 years, the highest Debt-to-Equity Ratio of China Railway Construction was 1.67. The lowest was 0.86. And the median was 1.06.

CWYCY's Debt-to-Equity is ranked worse than
78.34% of 1505 companies
in the Construction industry
Industry Median: 0.43 vs CWYCY: 1.09

China Railway Construction Debt-to-Equity Historical Data

The historical data trend for China Railway Construction'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 Railway Construction Debt-to-Equity Chart

China Railway Construction Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.93

0.86

0.90

1.09

China Railway Construction Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.90	1.07	1.10	1.16	1.09

Competitive Comparison of China Railway Construction's Debt-to-Equity

For the Engineering & Construction subindustry, China Railway Construction'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 Railway Construction's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Railway Construction's Debt-to-Equity distribution charts can be found below:

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

China Railway Construction Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Railway Construction'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
	=	(19090.26	+	28113.139)	/	43393.395
	=	1.09

China Railway Construction'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
	=	(19090.26	+	28113.139)	/	43393.395
	=	1.09

China Railway Construction (GREY:CWYCY) 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 Railway Construction Debt-to-Equity Related Terms

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

China Railway Construction (China Railway Construction) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Railway Construction Corp Ltd (GREY:CWYCY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

01186:Hong Kong 4FF:Germany 601186:China

Address

East, No. 40 Fuxing Road, Haidian District, Beijing, CHN, 100855

Website

https://www.crcc.cn

China Railway Construction Corp Ltd operates as an infrastructure construction firm. It largely derives contracting revenue. It builds railways, highways and municipal works, such as subways and light rail systems. The company also engages in survey and design, manufacturing, logistics, and property development. It operates the following business segment: Construction; Survey, Design, and Consultancy; Manufacturing; Real Estate; and Other Business Operations. Most of the firm's revenue gets dominated by the Construction segment that engages in the construction of infrastructure such as railways, highways, metropolitan railways, and real estate projects.

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