Autel Intelligent Technology (SHSE:688208) Debt-to-Equity : 0.37 (As of Sep. 2024)

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What is Autel Intelligent Technology Debt-to-Equity?

Autel Intelligent Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥20 Mil. Autel Intelligent Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥1,195 Mil. Autel Intelligent Technology's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥3,328 Mil. Autel Intelligent Technology's debt to equity for the quarter that ended in Sep. 2024 was 0.37.

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 Autel Intelligent Technology's Debt-to-Equity or its related term are showing as below:

SHSE:688208' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.17 Max: 0.43
Current: 0.37

During the past 11 years, the highest Debt-to-Equity Ratio of Autel Intelligent Technology was 0.43. The lowest was 0.01. And the median was 0.17.

SHSE:688208's Debt-to-Equity is ranked better than
58.08% of 1188 companies
in the Vehicles & Parts industry
Industry Median: 0.475 vs SHSE:688208: 0.37

Autel Intelligent Technology Debt-to-Equity Historical Data

The historical data trend for Autel Intelligent 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.

Autel Intelligent Technology Debt-to-Equity Chart

Autel Intelligent Technology Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.17

0.43

0.37

Autel Intelligent Technology 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															0.36	0.37	0.43	0.36	0.37

Competitive Comparison of Autel Intelligent Technology's Debt-to-Equity

For the Auto Parts subindustry, Autel Intelligent 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.

Autel Intelligent Technology's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autel Intelligent Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Autel Intelligent Technology's Debt-to-Equity falls into.

Autel Intelligent Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Autel Intelligent 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
	=	(23.971	+	1178.275)	/	3215.508
	=	0.37

Autel Intelligent Technology's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(19.618	+	1195.158)	/	3327.53
	=	0.37

Autel Intelligent Technology (SHSE:688208) 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.

Autel Intelligent Technology Debt-to-Equity Related Terms

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Autel Intelligent Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autel Intelligent Technology Corp Ltd (SHSE:688208) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 1001 Xueyuan Avenue, Xili Street, 7th, 8th and 10th floors of Building B1, Zhiyuan, Nanshan District, Guangdong, Shenzhen, CHN, 518055

Website

http://www.auteltech.cn

Autel Intelligent Technology Corp Ltd is an automotive electronic products manufacturer. It is engaged in production, sales and service of automotive intelligent diagnosis, detection and analysis systems and automotive electronic components. The company's products include diagnostic products, ADAS series products, Tire Pressure products, Anti-Theft products and other products.

Executives

Li Hong Jing	Director
Li Hong	Director
Zhou Qiu Fang	Supervisors
Zhan Jin Yong	Core technical personnel
Deng Ren Xiang	Supervisors
Luo Yong Liang	Core technical personnel
Yin Hui	Core technical personnel
Wang Yong	senior management
Zhang Wei	Supervisors

Autel Intelligent Technology Headlines

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