Tuhu Car (FRA:L83) Debt-to-Equity : 0.06 (As of Dec. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Tuhu Car Debt-to-Equity?

Tuhu Car's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €17 Mil. Tuhu Car's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €24 Mil. Tuhu Car's Total Stockholders Equity for the quarter that ended in Dec. 2024 was €638 Mil. Tuhu Car's debt to equity for the quarter that ended in Dec. 2024 was 0.06.

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 Tuhu Car's Debt-to-Equity or its related term are showing as below:

FRA:L83' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.24 Med: -0.03 Max: 0.08
Current: 0.06

During the past 6 years, the highest Debt-to-Equity Ratio of Tuhu Car was 0.08. The lowest was -0.24. And the median was -0.03.

FRA:L83's Debt-to-Equity is ranked better than
89.15% of 1180 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs FRA:L83: 0.06

Tuhu Car Debt-to-Equity Historical Data

The historical data trend for Tuhu Car'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.

Tuhu Car Debt-to-Equity Chart

Tuhu Car Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

Get a 7-Day Free Trial

-0.24

-0.05

-0.02

0.08

0.06

Tuhu Car Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial				-0.02	-0.02	0.08	0.08	0.06

Competitive Comparison of Tuhu Car's Debt-to-Equity

For the Auto Parts subindustry, Tuhu Car'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.

Tuhu Car's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tuhu Car's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tuhu Car's Debt-to-Equity falls into.

Save Embed

;

Save Embed

;

Tuhu Car Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tuhu Car's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(16.574	+	24.343)	/	637.786
	=	0.06

Tuhu Car's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(16.574	+	24.343)	/	637.786
	=	0.06

Tuhu Car (FRA:L83) 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.

Tuhu Car Debt-to-Equity Related Terms

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

Tuhu Car Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tuhu Car Inc (FRA:L83) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

09690:Hong Kong

Address

1999 Yishan Road, 8th Floor Building 24, Minhang, Shanghai, CHN

Website

http://www.tuhu.cn

Tuhu Car Inc is one of the leading integrated online and offline platforms for automotive service in China. By providing a digitalized and on-demand service experience underpinned by its customer-centric model and streamlined supply chain, the company directly addresses car owners' diverse product and service needs, creating an automotive service platform consisting of car owners, suppliers, automotive service stores and other participants. Its platform serves most of the passenger vehicle models sold in China, fulfilling a wide spectrum of automotive service demands ranging from tires and chassis parts replacement to auto maintenance, repair, detailing, and more.

Tuhu Car Headlines

No Headlines