Acter Technology Integration Group Co (SHSE:603163) Debt-to-Equity : 0.03 (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Acter Technology Integration Group Co Debt-to-Equity?

Acter Technology Integration Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ¥26 Mil. Acter Technology Integration Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ¥2 Mil. Acter Technology Integration Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ¥1,110 Mil. Acter Technology Integration Group Co's debt to equity for the quarter that ended in Dec. 2024 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 Acter Technology Integration Group Co's Debt-to-Equity or its related term are showing as below:

SHSE:603163' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.09 Max: 0.28
Current: 0.03

During the past 7 years, the highest Debt-to-Equity Ratio of Acter Technology Integration Group Co was 0.28. The lowest was 0.00. And the median was 0.09.

SHSE:603163's Debt-to-Equity is ranked better than
93.36% of 1552 companies
in the Construction industry
Industry Median: 0.435 vs SHSE:603163: 0.03

Acter Technology Integration Group Co Debt-to-Equity Historical Data

The historical data trend for Acter Technology Integration Group 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.

Acter Technology Integration Group Co Debt-to-Equity Chart

Acter Technology Integration Group Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

Get a 7-Day Free Trial

0.27

0.28

0.04

0.03

Acter Technology Integration Group Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial													-	-	-	-	0.03

Competitive Comparison of Acter Technology Integration Group Co's Debt-to-Equity

For the Engineering & Construction subindustry, Acter Technology Integration Group 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.

Acter Technology Integration Group Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Acter Technology Integration Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Acter Technology Integration Group Co's Debt-to-Equity falls into.

Save Embed

;

Save Embed

;

Acter Technology Integration Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Acter Technology Integration Group Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(26.287	+	1.586)	/	1110.435
	=	0.03

Acter Technology Integration Group Co's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(26.287	+	1.586)	/	1110.435
	=	0.03

Acter Technology Integration Group Co (SHSE:603163) 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.

Acter Technology Integration Group Co Debt-to-Equity Related Terms

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

Acter Technology Integration Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Acter Technology Integration Group Co Ltd (SHSE:603163) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 189, Shilin Road, Hushuguan Economic Development Zone, High-tech Zone, Jiangsu Province, Suzhou, CHN, 215151

Website

http://www.acter.com.cn

Acter Technology Integration Group Co Ltd is engaged in the clean room workshop construction planning, design advice, equipment configuration, engineering construction, engineering management and maintenance services.

Acter Technology Integration Group Co Headlines

No Headlines