China Mobile (HKSE:00941) Debt-to-Equity : 0.05 (As of Mar. 2024)

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What is China Mobile Debt-to-Equity?

China Mobile's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$0 Mil. China Mobile's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$71,710 Mil. China Mobile's Total Stockholders Equity for the quarter that ended in Mar. 2024 was HK$1,452,975 Mil. China Mobile's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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

HKSE:00941' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.09
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of China Mobile was 0.09. The lowest was 0.01. And the median was 0.05.

HKSE:00941's Debt-to-Equity is ranked better than
91.38% of 348 companies
in the Telecommunication Services industry
Industry Median: 0.66 vs HKSE:00941: 0.05

China Mobile Debt-to-Equity Historical Data

The historical data trend for China Mobile'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.

China Mobile Debt-to-Equity Chart

China Mobile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.07

0.06

0.05

0.09

0.08

China Mobile Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.08	0.08	0.08	0.05

Competitive Comparison of China Mobile's Debt-to-Equity

For the Telecom Services subindustry, China Mobile'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 Mobile's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Mobile's Debt-to-Equity distribution charts can be found below:

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

China Mobile Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Mobile'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
	=	(38473.672	+	74113.364)	/	1467558.132
	=	0.08

China Mobile's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(0	+	71710.019)	/	1452974.92
	=	0.05

China Mobile (HKSE:00941) 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.

China Mobile Debt-to-Equity Related Terms

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

China Mobile (HKSE:00941) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Mobile Ltd (HKSE:00941) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

941:Mexico CTM:Germany 600941:China

Address

99 Queen’s Road Central, 60th Floor, The Center, Hong Kong, HKG

Website

https://www.chinamobileltd.com

China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (990 million) but also the largest in the world. It has 60% of the total wireless market in China and 45% of the fixed-line broadband market. The firm is continuing to roll out its 5G network, having launched 5G service in late 2019. It is doing some 5G network sharing with China Broadnet at 700 MHz and also resells its 2G/4G/5G network through China Broadnet. Strong growth is being generated through internet data centers where it has the second-largest network in China and through Cloud Services. The company issued stock on the A-share market in 2022 and completed its first buyback of H-shares.

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