YTO International Express and Supply Chain Technology (HKSE:06123) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is YTO International Express and Supply Chain Technology Debt-to-Equity?

YTO International Express and Supply Chain Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$21 Mil. YTO International Express and Supply Chain Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$19 Mil. YTO International Express and Supply Chain Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,282 Mil. YTO International Express and Supply Chain Technology's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 YTO International Express and Supply Chain Technology's Debt-to-Equity or its related term are showing as below:

HKSE:06123' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.22 Max: 0.36
Current: 0.03

During the past 11 years, the highest Debt-to-Equity Ratio of YTO International Express and Supply Chain Technology was 0.36. The lowest was 0.03. And the median was 0.22.

HKSE:06123's Debt-to-Equity is ranked better than
97.06% of 883 companies
in the Transportation industry
Industry Median: 0.56 vs HKSE:06123: 0.03

YTO International Express and Supply Chain Technology Debt-to-Equity Historical Data

The historical data trend for YTO International Express and Supply Chain Technology'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.

YTO International Express and Supply Chain Technology Debt-to-Equity Chart

YTO International Express and Supply Chain Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.22

0.19

0.15

0.03

YTO International Express and Supply Chain Technology 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															0.15	0.05	0.03	0.04	0.03

Competitive Comparison of YTO International Express and Supply Chain Technology's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, YTO International Express and Supply Chain Technology'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.

YTO International Express and Supply Chain Technology's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, YTO International Express and Supply Chain Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where YTO International Express and Supply Chain Technology's Debt-to-Equity falls into.

YTO International Express and Supply Chain Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

YTO International Express and Supply Chain Technology'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
	=	(21.455	+	19.335)	/	1282.274
	=	0.03

YTO International Express and Supply Chain Technology'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
	=	(21.455	+	19.335)	/	1282.274
	=	0.03

YTO International Express and Supply Chain Technology (HKSE:06123) 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.

YTO International Express and Supply Chain Technology Debt-to-Equity Related Terms

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YTO International Express and Supply Chain Technology (HKSE:06123) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » YTO International Express and Supply Chain Technology Ltd (HKSE:06123) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Wang Kwong Road, Suite 2208, 22nd Floor, Office Tower, Skyline Tower, Kowloon Bay, Hong Kong, HKG

Website

https://www.ytoglobal.com

YTO International Express and Supply Chain Technology Ltd is an investment holding company. It is engaged in the provision of freight and logistics services and other related services. The company's operating segment includes Air freight; Ocean freight; Logistics; International express and parcel and Others. It generates maximum revenue from the Airfreight segment. The Airfreight segment is related to freight forwarding by air. Geographically, it derives a majority of its revenue from PRC.

YTO International Express and Supply Chain Technology (HKSE:06123) Headlines

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