GTWCF (Greentown China Holdings) Debt-to-Equity : 4.04 (As of Jun. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Greentown China Holdings Debt-to-Equity?

Greentown China Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $4,876 Mil. Greentown China Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $15,633 Mil. Greentown China Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $5,071 Mil. Greentown China Holdings's debt to equity for the quarter that ended in Jun. 2024 was 4.04.

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 Greentown China Holdings's Debt-to-Equity or its related term are showing as below:

GTWCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.34 Med: 2.09 Max: 4.06
Current: 4.06

During the past 13 years, the highest Debt-to-Equity Ratio of Greentown China Holdings was 4.06. The lowest was 1.34. And the median was 2.09.

GTWCF's Debt-to-Equity is ranked worse than
94.39% of 1587 companies
in the Real Estate industry
Industry Median: 0.76 vs GTWCF: 4.06

Greentown China Holdings Debt-to-Equity Historical Data

The historical data trend for Greentown China Holdings'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.

Greentown China Holdings Debt-to-Equity Chart

Greentown China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.93

2.26

2.74

3.67

4.06

Greentown China Holdings 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															3.56	3.67	3.91	4.06	4.04

Competitive Comparison of Greentown China Holdings's Debt-to-Equity

For the Real Estate - Development subindustry, Greentown China Holdings'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.

Greentown China Holdings's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Greentown China Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Greentown China Holdings's Debt-to-Equity falls into.

Greentown China Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Greentown China Holdings'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
	=	(4571.527	+	15977.541)	/	5060.136
	=	4.06

Greentown China Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(4876.437	+	15632.617)	/	5071.496
	=	4.04

Greentown China Holdings (OTCPK:GTWCF) 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.

Greentown China Holdings Debt-to-Equity Related Terms

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

Greentown China Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Greentown China Holdings Ltd (OTCPK:GTWCF) » Definitions » Debt-to-Equity

Traded in Other Exchanges

03900:Hong Kong G7C:Germany G7C:Germany

Address

No. 1 Hangda Road, 10th Floor, Block A, Dragon Century Plaza, Zhejiang, Hangzhou, CHN, 310007

Website

http://www.greentownchina.com

Greentown China Holdings Ltd is a leading quality property developer and an integrated living service provider in China. It maintains a leadership position in the industry by virtue of the quality of its properties, its unique architectural aesthetics, and its customer-centric services. The reporting segments of the Group are as follows: Property development, Hotel operations, Property investment, Project management, and Others. The majority of revenue is derived from the Property development segment.

Greentown China Holdings Headlines

No Headlines