Zhuhai Winbase International Chemical Tank Terminal Co (SZSE:002492) Debt-to-Equity

: 0.12 (As of Dec. 2022)

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Zhuhai Winbase International Chemical Tank Terminal Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ¥86.6 Mil. Zhuhai Winbase International Chemical Tank Terminal Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ¥114.1 Mil. Zhuhai Winbase International Chemical Tank Terminal Co's Total Stockholders Equity for the quarter that ended in Dec. 2022 was ¥1,612.0 Mil. Zhuhai Winbase International Chemical Tank Terminal Co's debt to equity for the quarter that ended in Dec. 2022 was 0.12.

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 Zhuhai Winbase International Chemical Tank Terminal Co's Debt-to-Equity or its related term are showing as below:

SZSE:002492' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.25 Max: 1.66
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Zhuhai Winbase International Chemical Tank Terminal Co was 1.66. The lowest was 0.12. And the median was 0.25.

SZSE:002492's Debt-to-Equity is ranked better than
78.48% of 827 companies
in the Oil & Gas industry
Industry Median: 0.43 vs SZSE:002492: 0.12

Zhuhai Winbase International Chemical Tank Terminal Co Debt-to-Equity Historical Data

The historical data trend for Zhuhai Winbase International Chemical Tank Terminal 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.

Zhuhai Winbase International Chemical Tank Terminal Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.14

0.18

0.19

0.12

Zhuhai Winbase International Chemical Tank Terminal Co Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Debt-to-Equity																0.19	0.23	0.18	0.11	0.12

Competitive Comparison

For the Oil & Gas Midstream subindustry, Zhuhai Winbase International Chemical Tank Terminal 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.

Annual Data Quarterly Data

Zhuhai Winbase International Chemical Tank Terminal Co Debt-to-Equity Distribution

For the Oil & Gas industry and Energy sector, Zhuhai Winbase International Chemical Tank Terminal Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zhuhai Winbase International Chemical Tank Terminal Co's Debt-to-Equity falls in comparison to its industry or sector. The grey bar indicates the Debt-to-Equity's extreme value range as defined by GuruFocus.

Zhuhai Winbase International Chemical Tank Terminal Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhuhai Winbase International Chemical Tank Terminal Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(86.59	+	114.091)	/	1611.978
	=	0.12

Zhuhai Winbase International Chemical Tank Terminal Co's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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
	=	(86.59	+	114.091)	/	1611.978
	=	0.12

Zhuhai Winbase International Chemical Tank Terminal Co (SZSE:002492) 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.

Zhuhai Winbase International Chemical Tank Terminal Co Debt-to-Equity Related Terms

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Zhuhai Winbase International Chemical Tank Terminal Co (SZSE:002492) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Zhuhai Winbase International Chemical Tank Terminal Co Ltd (SZSE:002492) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nanlan Bay, Gaolan Port Economic Zone, Guangdong, Zhuhai, CHN, 519050

Website

http://www.winbase-tank.com

Zhuhai Winbase International Chemical Tank Terminal Co Ltd is engaged in the terminal loading, unloading, warehousing, pipeline transportation, and bonded business of bulk liquid petrochemicals.

Zhuhai Winbase International Chemical Tank Terminal Co (SZSE:002492) Headlines

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