STO Express Co (SZSE:002468) Debt-to-Equity : 0.98 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is STO Express Co Debt-to-Equity?

STO Express Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5,045 Mil. STO Express Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,781 Mil. STO Express Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥8,976 Mil. STO Express Co's debt to equity for the quarter that ended in Mar. 2024 was 0.98.

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 STO Express Co's Debt-to-Equity or its related term are showing as below:

SZSE:002468' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.79 Max: 1.05
Current: 0.98

During the past 13 years, the highest Debt-to-Equity Ratio of STO Express Co was 1.05. The lowest was 0.00. And the median was 0.79.

SZSE:002468's Debt-to-Equity is ranked worse than
68.82% of 882 companies
in the Transportation industry
Industry Median: 0.56 vs SZSE:002468: 0.98

STO Express Co Debt-to-Equity Historical Data

The historical data trend for STO Express 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.

STO Express Co Debt-to-Equity Chart

STO Express Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.12

0.52

0.84

0.80

0.85

STO Express 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															0.92	0.86	0.95	0.85	0.98

Competitive Comparison of STO Express Co's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, STO Express 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.

STO Express Co's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, STO Express Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where STO Express Co's Debt-to-Equity falls into.

STO Express Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

STO Express 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
	=	(3694.056	+	3732.523)	/	8788.033
	=	0.85

STO Express 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
	=	(5044.653	+	3781.379)	/	8975.647
	=	0.98

STO Express Co (SZSE:002468) 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.

STO Express Co Debt-to-Equity Related Terms

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

STO Express Co (SZSE:002468) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » STO Express Co Ltd (SZSE:002468) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 25, Lane 6598, Beiqing Road, Yibang International Office Building, Qingpu District, Shanghai, CHN, 201706

Website

http://www.sto.cn

STO Express is one of the "Tongdas", which refers to the top four national express delivery companies that adopt the network partner model. Tongdas provide line-haul transportation, sorting, and waybill services to its network partners for fees, while its local network partners provide first-mile pickup and last-mile delivery services under the Tongdas' brands and collect the payments. STO was founded in 1993 by Nie Tengfei, who passed away in 1998. His ex-wife Chen Xiaoying's brother Chen Dejun is now the Chairman and General Manager, with a 28% stake, and Ms. Chen owned a 5% stake as of Dec. 31, 2022. STO's strategic shareholder is Cainiao Smart Logistics Network, with a 25% stake. Alibaba can exercise its share options to purchase 21% of STO before Dec. 27, 2025 at CNY 16.50 per share.

STO Express Co (SZSE:002468) Headlines

No Headlines