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Shanghai Lingyun Curtain Wall Science And Technology Co (SHSE:900957) Debt-to-Equity : 0.72 (As of Dec. 2023)


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What is Shanghai Lingyun Curtain Wall Science And Technology Co Debt-to-Equity?

Shanghai Lingyun Curtain Wall Science And Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.20 Mil. Shanghai Lingyun Curtain Wall Science And Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $59.27 Mil. Shanghai Lingyun Curtain Wall Science And Technology Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $84.92 Mil. Shanghai Lingyun Curtain Wall Science And Technology Co's debt to equity for the quarter that ended in Dec. 2023 was 0.72.

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 Shanghai Lingyun Curtain Wall Science And Technology Co's Debt-to-Equity or its related term are showing as below:

SHSE:900957' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.72   Med: 1.06   Max: 1.77
Current: 0.72

During the past 13 years, the highest Debt-to-Equity Ratio of Shanghai Lingyun Curtain Wall Science And Technology Co was 1.77. The lowest was 0.72. And the median was 1.06.

SHSE:900957's Debt-to-Equity is ranked better than
55.56% of 387 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.83 vs SHSE:900957: 0.72

Shanghai Lingyun Curtain Wall Science And Technology Co Debt-to-Equity Historical Data

The historical data trend for Shanghai Lingyun Curtain Wall Science And Technology 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.

Shanghai Lingyun Curtain Wall Science And Technology Co Debt-to-Equity Chart

Shanghai Lingyun Curtain Wall Science And Technology Co 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 1.11 1.01 0.92 0.84 0.72

Shanghai Lingyun Curtain Wall Science And Technology Co 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 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 0.84 0.83 0.79 0.74 0.72

Competitive Comparison of Shanghai Lingyun Curtain Wall Science And Technology Co's Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, Shanghai Lingyun Curtain Wall Science And Technology 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.


Shanghai Lingyun Curtain Wall Science And Technology Co's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shanghai Lingyun Curtain Wall Science And Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shanghai Lingyun Curtain Wall Science And Technology Co's Debt-to-Equity falls into.



Shanghai Lingyun Curtain Wall Science And Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shanghai Lingyun Curtain Wall Science And Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Shanghai Lingyun Curtain Wall Science And Technology Co's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Shanghai Lingyun Curtain Wall Science And Technology Co  (SHSE:900957) 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.


Shanghai Lingyun Curtain Wall Science And Technology Co Debt-to-Equity Related Terms

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Shanghai Lingyun Curtain Wall Science And Technology Co (SHSE:900957) Business Description

Traded in Other Exchanges
N/A
Address
No. 1088 Yuanshen Road, Room 1201, 12th Floor, Ping An Fortune Building, Pudong New Area, Shanghai, CHN, 200122
Shanghai Lingyun Curtain Wall Science And Technology Co Ltd is a China-based company operating in the utility sector. Its activities are divided into the power generation business and real estate business. The power generation business generates power through its photovoltaic power stations. Real Estate business is engaged in the commercial property development, rental, and management. The power generation business contributes to most of the company's revenue.

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