Continental Aerospace Technologies Holding (HKSE:00232) Debt-to-Equity : 0.10 (As of Dec. 2023)

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What is Continental Aerospace Technologies Holding Debt-to-Equity?

Continental Aerospace Technologies Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$7 Mil. Continental Aerospace Technologies Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$282 Mil. Continental Aerospace Technologies Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$2,995 Mil. Continental Aerospace Technologies Holding's debt to equity for the quarter that ended in Dec. 2023 was 0.10.

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 Continental Aerospace Technologies Holding's Debt-to-Equity or its related term are showing as below:

HKSE:00232' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.18 Max: 1.1
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Continental Aerospace Technologies Holding was 1.10. The lowest was 0.03. And the median was 0.18.

HKSE:00232's Debt-to-Equity is ranked better than
81.01% of 258 companies
in the Aerospace & Defense industry
Industry Median: 0.425 vs HKSE:00232: 0.10

Continental Aerospace Technologies Holding Debt-to-Equity Historical Data

The historical data trend for Continental Aerospace Technologies Holding'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.

Continental Aerospace Technologies Holding Debt-to-Equity Chart

Continental Aerospace Technologies Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.15

0.20

0.11

0.10

Continental Aerospace Technologies Holding Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.11	0.11	0.10	0.10	0.10

Competitive Comparison of Continental Aerospace Technologies Holding's Debt-to-Equity

For the Aerospace & Defense subindustry, Continental Aerospace Technologies Holding'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.

Continental Aerospace Technologies Holding's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Continental Aerospace Technologies Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Continental Aerospace Technologies Holding's Debt-to-Equity falls into.

Continental Aerospace Technologies Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Continental Aerospace Technologies Holding'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
	=	(7.149	+	282.199)	/	2995.461
	=	0.10

Continental Aerospace Technologies Holding'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
	=	(7.149	+	282.199)	/	2995.461
	=	0.10

Continental Aerospace Technologies Holding (HKSE:00232) 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.

Continental Aerospace Technologies Holding Debt-to-Equity Related Terms

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Continental Aerospace Technologies Holding (HKSE:00232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Continental Aerospace Technologies Holding Ltd (HKSE:00232) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CTQ0:Germany

Address

95 Queensway, Unit B, 15th Floor, United Centre, Hong Kong, HKG

Website

https://www.avic.com.hk

Continental Aerospace Technologies Holding Ltd, formerly AVIC International Holding (HK) Ltd is a diversified company based in Hong Kong. It is engaged in the general aviation aircraft piston engine business, which engages in the design, development and production of general aviation aircraft piston engines and spare parts as well as the provision of aftermarket services and support for piston engines. The company generates most of the revenue from United States.

Executives

Aviation Industry Corporation Of China, Ltd	2201 Interest of corporation controlled by you
Avic International Holding Corporation	2201 Interest of corporation controlled by you

Continental Aerospace Technologies Holding (HKSE:00232) Headlines

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