Weichai Power Co (WBO:WI4) Debt-to-Equity : 0.61 (As of Dec. 2023)

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What is Weichai Power Co Debt-to-Equity?

Weichai Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2,177 Mil. Weichai Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3,992 Mil. Weichai Power Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €10,189 Mil. Weichai Power Co's debt to equity for the quarter that ended in Dec. 2023 was 0.61.

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

WBO:WI4' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51 Med: 0.77 Max: 1.34
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of Weichai Power Co was 1.34. The lowest was 0.51. And the median was 0.77.

WBO:WI4's Debt-to-Equity is ranked worse than
72.29% of 2620 companies
in the Industrial Products industry
Industry Median: 0.28 vs WBO:WI4: 0.61

Weichai Power Co Debt-to-Equity Historical Data

The historical data trend for Weichai Power 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.

Weichai Power Co Debt-to-Equity Chart

Weichai Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.01

0.87

0.51

0.67

0.61

Weichai Power 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															0.67	0.65	0.64	0.61	0.61

Competitive Comparison of Weichai Power Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Weichai Power 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.

Weichai Power Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Weichai Power Co's Debt-to-Equity distribution charts can be found below:

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

Weichai Power Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Weichai Power 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
	=	(2176.74	+	3991.758)	/	10188.843
	=	0.61

Weichai Power Co'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
	=	(2176.74	+	3991.758)	/	10188.843
	=	0.61

Weichai Power Co (WBO:WI4) 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.

Weichai Power Co Debt-to-Equity Related Terms

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Weichai Power Co (WBO:WI4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Weichai Power Co Ltd (WBO:WI4) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WEICF:USA 02338:Hong Kong WI4:Germany WI4:Germany WI4:Germany 000338:China

Address

197, Section A, Fu Shou East Street, High Technology Industrial Development Zone, Shandong Province, Weifang, CHN, 261061

Website

https://www.weichaipower.com

Weichai Power Co Ltd is an industrial technology company that offers vehicles, equipment, and logistics and supply chain services in China. The operating segments of the company are 1) Engines segment includes the manufacturing and sale of engines and related parts; 2) Automobiles and automobile components include the manufacturing and sale of automobiles and automobile components other than Engines; 3) Agricultural equipment includes the manufacturing and sale of agricultural equipment (complete machineries), agricultural machineries, agricultural vehicles and related parts; 4) Intelligent logistics includes forklift trucks production, warehousing technology and supply chain solution services.

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