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Zhong An Group (FRA:35Z) Debt-to-Equity : 0.76 (As of Jun. 2024)


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What is Zhong An Group Debt-to-Equity?

Zhong An Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €466 Mil. Zhong An Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €541 Mil. Zhong An Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €1,319 Mil. Zhong An Group's debt to equity for the quarter that ended in Jun. 2024 was 0.76.

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 Zhong An Group's Debt-to-Equity or its related term are showing as below:

FRA:35Z' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.61   Med: 0.96   Max: 1.86
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Zhong An Group was 1.86. The lowest was 0.61. And the median was 0.96.

FRA:35Z's Debt-to-Equity is ranked better than
50.35% of 1587 companies
in the Real Estate industry
Industry Median: 0.76 vs FRA:35Z: 0.76

Zhong An Group Debt-to-Equity Historical Data

The historical data trend for Zhong An Group'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.

Zhong An Group Debt-to-Equity Chart

Zhong An Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 1.74 1.86 1.58 0.85

Zhong An Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.86 1.58 1.37 0.85 0.76

Competitive Comparison of Zhong An Group's Debt-to-Equity

For the Real Estate - Development subindustry, Zhong An Group'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.


Zhong An Group's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhong An Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zhong An Group's Debt-to-Equity falls into.



Zhong An Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhong An Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Zhong An Group's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

* 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.


Zhong An Group  (FRA:35Z) 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.


Zhong An Group Debt-to-Equity Related Terms

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


Zhong An Group Business Description

Traded in Other Exchanges
Address
No. 996, Xiaoshao Road, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311201
Zhong An Group Ltd is an investment holding. The principal activities of the group are property development, leasing and hotel operations. The operating segments of the group are the Residential segment which develops and sells residential properties, and provides property management services, project management services and other services to residential properties in Mainland China and Canada; and the Commercial segment which develops and sells commercial properties, leases investment properties, owns and operates hotels and provides property management services, project management services and other services to commercial properties in Mainland China, Japan and United Kingdom. It generates the majority of the revenue from the commercial segment.

Zhong An Group Headlines

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