Li Auto (STU:L87A) Debt-to-Equity

: 0.23 (As of Dec. 2023)

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Li Auto's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,043 Mil. Li Auto's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €697 Mil. Li Auto's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €7,724 Mil. Li Auto's debt to equity for the quarter that ended in Dec. 2023 was 0.23.

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 Li Auto's Debt-to-Equity or its related term are showing as below:

STU:L87A' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.57 Med: 0.13 Max: 0.27
Current: 0.23

During the past 6 years, the highest Debt-to-Equity Ratio of Li Auto was 0.27. The lowest was -0.57. And the median was 0.13.

STU:L87A's Debt-to-Equity is ranked better than
69.87% of 1175 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs STU:L87A: 0.23

Li Auto Debt-to-Equity Historical Data

The historical data trend for Li Auto'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.

Li Auto Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-0.30

0.07

0.19

0.27

0.23

Li Auto Quarterly Data
	Dec18	Mar19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity															0.27	0.26	0.22	0.21	0.23

Competitive Comparison

For the Auto Manufacturers subindustry, Li Auto'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.

Li Auto Debt-to-Equity Distribution

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

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

Li Auto Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Li Auto'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
	=	(1043.069	+	696.725)	/	7723.983
	=	0.23

Li Auto'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
	=	(1043.069	+	696.725)	/	7723.983
	=	0.23

Li Auto (STU:L87A) 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.

Li Auto Debt-to-Equity Related Terms

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Li Auto (STU:L87A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Li Auto Inc (STU:L87A) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LI:USA LIA:Mexico 02015:Hong Kong L87:Germany L87A:Germany

Address

11 Wenliang Street, Shunyi District, Beijing, CHN, 101399

Website

https://www.lixiang.com

Li Auto is a leading Chinese NEV manufacturer that designs, develops, manufactures, and sells premium smart NEVs. The company started volume production of its first model Li One in November 2019. The model is a six-seater, large, premium plug-in electric SUV equipped with a range extension system and advanced smart vehicle solutions. It sold over 133,000 NEVs in 2022, accounting for about 2% of China's passenger new energy vehicle market. Beyond Li One, the company will expand its product line, including both BEVs and PHEVs, to target a broader consumer base.

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