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Anhui Transport Consulting & Design Institute Co (SHSE:603357) Debt-to-Equity : 0.14 (As of Sep. 2024)


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What is Anhui Transport Consulting & Design Institute Co Debt-to-Equity?

Anhui Transport Consulting & Design Institute Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥507 Mil. Anhui Transport Consulting & Design Institute Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥4 Mil. Anhui Transport Consulting & Design Institute Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥3,570 Mil. Anhui Transport Consulting & Design Institute Co's debt to equity for the quarter that ended in Sep. 2024 was 0.14.

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 Anhui Transport Consulting & Design Institute Co's Debt-to-Equity or its related term are showing as below:

SHSE:603357' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.04   Max: 0.14
Current: 0.14

During the past 12 years, the highest Debt-to-Equity Ratio of Anhui Transport Consulting & Design Institute Co was 0.14. The lowest was 0.00. And the median was 0.04.

SHSE:603357's Debt-to-Equity is ranked better than
75.67% of 1558 companies
in the Construction industry
Industry Median: 0.44 vs SHSE:603357: 0.14

Anhui Transport Consulting & Design Institute Co Debt-to-Equity Historical Data

The historical data trend for Anhui Transport Consulting & Design Institute 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.

Anhui Transport Consulting & Design Institute Co Debt-to-Equity Chart

Anhui Transport Consulting & Design Institute Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.05 0.09

Anhui Transport Consulting & Design Institute Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.09 0.09 0.12 0.14

Competitive Comparison of Anhui Transport Consulting & Design Institute Co's Debt-to-Equity

For the Engineering & Construction subindustry, Anhui Transport Consulting & Design Institute 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.


Anhui Transport Consulting & Design Institute Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Anhui Transport Consulting & Design Institute Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Anhui Transport Consulting & Design Institute Co's Debt-to-Equity falls into.



Anhui Transport Consulting & Design Institute Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Anhui Transport Consulting & Design Institute Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Anhui Transport Consulting & Design Institute 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.


Anhui Transport Consulting & Design Institute Co  (SHSE:603357) 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.


Anhui Transport Consulting & Design Institute Co Debt-to-Equity Related Terms

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Anhui Transport Consulting & Design Institute Co Business Description

Traded in Other Exchanges
N/A
Address
Road No.180, Anhui Province, High-tech Zone, Hefei, CHN, 230088
Anhui Transport Consulting & Design Institute Co Ltd is engaged in the provision of engineering consulting services. The company's scope of business involves design and consultation services for traffic and transport works, mainly covering technical services regarding the survey, design, consultation, research and development, testing and detection and engineering supervision. Its other business activities comprise environmental and territorial management and remediation, landscape architecture as well as development, promotion, and application of engineering technologies and materials for transport works and prevention and control of geological hazards.

Anhui Transport Consulting & Design Institute Co Headlines

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