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Heilongjiang Transport Development Co (SHSE:601188) Debt-to-Equity : 0.00 (As of Sep. 2024)


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What is Heilongjiang Transport Development Co Debt-to-Equity?

Heilongjiang Transport Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥1.1 Mil. Heilongjiang Transport Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥6.5 Mil. Heilongjiang Transport Development Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥4,581.0 Mil. Heilongjiang Transport Development Co's debt to equity for the quarter that ended in Sep. 2024 was 0.00.

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 Heilongjiang Transport Development Co's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Heilongjiang Transport Development Co was 0.15. The lowest was 0.00. And the median was 0.00.

SHSE:601188's Debt-to-Equity is not ranked *
in the Construction industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Heilongjiang Transport Development Co Debt-to-Equity Historical Data

The historical data trend for Heilongjiang Transport Development Co'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.

Heilongjiang Transport Development Co Debt-to-Equity Chart

Heilongjiang Transport Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Heilongjiang Transport Development Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Heilongjiang Transport Development Co's Debt-to-Equity

For the Infrastructure Operations subindustry, Heilongjiang Transport Development Co'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.


Heilongjiang Transport Development Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Heilongjiang Transport Development Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Heilongjiang Transport Development Co's Debt-to-Equity falls into.



Heilongjiang Transport Development Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Heilongjiang Transport Development Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Heilongjiang Transport Development Co's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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.


Heilongjiang Transport Development Co  (SHSE:601188) 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.


Heilongjiang Transport Development Co Debt-to-Equity Related Terms

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Heilongjiang Transport Development Co Business Description

Traded in Other Exchanges
N/A
Address
1688 5th Qunli Avenue, Daoli District, Heilongjiang province, Harbin, CHN, 150070
Heilongjiang Transport Development Co Ltd is a China-based company engaged in the investment, development, construction, operation, and management of expressway. It is also a large enterprise under the provincial management which combines the real estate industry, the physical distribution, and transportation industry, the advertising industry and the import-export industry together.

Heilongjiang Transport Development Co Headlines

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