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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 China Aviation Oil (Singapore)'s Debt-to-Equity or its related term are showing as below:
CAOLF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.17
Current: 0.01
During the past 13 years, the highest Debt-to-Equity Ratio of China Aviation Oil (Singapore) was 0.17. The lowest was 0.00. And the median was 0.01.
CAOLF's Debt-to-Equity is ranked better than 99.87% of 796
companies
in the Oil & Gas industry
Industry Median: 0.465
vs CAOLF: 0.01
China Aviation Oil (Singapore) (OTCPK:CAOLF) Debt-to-Equity Explanation
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.
China Aviation Oil (Singapore) Debt-to-Equity Related Terms
China Aviation Oil (Singapore) Debt-to-Equity Historical Data
* 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.
China Aviation Oil (Singapore) Debt-to-Equity Chart
For the Oil & Gas Refining & Marketing subindustry, China Aviation Oil (Singapore)'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.
China Aviation Oil (Singapore) Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, China Aviation Oil (Singapore)'s Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where China Aviation Oil (Singapore)'s Debt-to-Equity falls into.
* 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.
China Aviation Oil (Singapore) (CAOLF) has a Debt-to-Equity of 0.01 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on China Aviation Oil (Singapore) and its competitors. This is near median its historical median of 0.01. According to the industry distribution chart, China Aviation Oil (Singapore) ranks #1 out of 796 companies in the Oil & Gas industry, placing it in the top 0.099999999999994%.
Is China Aviation Oil (Singapore)'s Debt-to-Equity too high?
China Aviation Oil (Singapore)'s current Debt-to-Equity of 0.01 is near median its 10-year median of 0.01. The Oil & Gas industry median Debt-to-Equity is 0.47. China Aviation Oil (Singapore)'s value of 0.01 is 97.8% below this industry median. Based on the distribution chart, China Aviation Oil (Singapore) ranks #1 out of 796 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, China Aviation Oil (Singapore) has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does China Aviation Oil (Singapore)'s Debt-to-Equity compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, China Aviation Oil (Singapore) ranks #1 out of 796 companies for Debt-to-Equity. This places China Aviation Oil (Singapore) in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.47. China Aviation Oil (Singapore)'s value of 0.01 is 97.8% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.47, China Aviation Oil (Singapore) has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.47, based on 796 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Aviation Oil (Singapore)'s current Debt-to-Equity of 0.01 is 97.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on China Aviation Oil (Singapore) and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Aviation Oil (Singapore)'s current Debt-to-Equity is 0.01, which is near median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Aviation Oil (Singapore) stock overvalued right now?
China Aviation Oil (Singapore) (CAOLF) has a current Debt-to-Equity of 0.01. The stock's GF Value™ is $1.09, compared to a current price of $1.74 — trading 59.6% above its estimated fair value. The current Debt-to-Equity is 0.01, which is near median its 10-year median of 0.01 and 97.8% below the Oil & Gas industry median of 0.47. China Aviation Oil (Singapore)'s overall GF Score™ is 74/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For China Aviation Oil (Singapore) (CAOLF), the current Debt-to-Equity is 0.01 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Aviation Oil (Singapore) (CAOLF) Overvalued in 2026?
Based on GuruFocus' analysis, China Aviation Oil (Singapore) stock appears to be overvalued.
The current stock price of $1.74 is trading 59.6% above its estimated GF Value™ of $1.09.
Key valuation signals for CAOLF:
Debt-to-Equity: 0.01 (near median its 10-year median of 0.01)
GF Value™: $1.09 vs. price of $1.74 (59.6% above fair value)
Industry Position: 97.8% below the Oil & Gas median (#1 of 796)
No single metric tells the full story. See the CAOLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Aviation Oil (Singapore) Business Description
China Aviation Oil (Singapore) Corp Ltd provides transportation fuels. With the core business involving the supply and trading of jet fuel across China and internationally, covering Asia-Pacific, North America, Europe, and the Middle East, the company also trades other oil products, which include fuel oil, gas oil, aviation gas, and crude oil in the Asia-Pacific region. The company operates in three segments: i) Middle Distillates: It engages in supplying and trading jet fuel and gas oil. ii) Other Oil Products: It involves the supply and trading of fuel oil, crude oil, and gasoline, and iii) Investments in Oil-Related Assets: Investments in oil-related assets through the Group's holdings in associates. The majority of the company's revenue is derived from the Middle distillates segment.
74GF Score
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