Guandian Defense Technology Co (SHSE:688287) Debt-to-Equity : 0.01 (As of Sep. 2024)

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What is Guandian Defense Technology Co Debt-to-Equity?

Guandian Defense Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥0.0 Mil. Guandian Defense Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥6.3 Mil. Guandian Defense Technology Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥913.9 Mil. Guandian Defense Technology Co's debt to equity for the quarter that ended in Sep. 2024 was 0.01.

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 Guandian Defense Technology Co's Debt-to-Equity or its related term are showing as below:

SHSE:688287' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 0.25
Current: 0.01

During the past 12 years, the highest Debt-to-Equity Ratio of Guandian Defense Technology Co was 0.25. The lowest was 0.01. And the median was 0.08.

SHSE:688287's Debt-to-Equity is ranked better than
99.64% of 275 companies
in the Aerospace & Defense industry
Industry Median: 0.36 vs SHSE:688287: 0.01

Guandian Defense Technology Co Debt-to-Equity Historical Data

The historical data trend for Guandian Defense Technology 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.

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Guandian Defense Technology Co Debt-to-Equity Chart

Guandian Defense Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.08

0.02

Guandian Defense Technology 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															-	0.02	0.01	0.01	0.01

Competitive Comparison of Guandian Defense Technology Co's Debt-to-Equity

For the Aerospace & Defense subindustry, Guandian Defense Technology 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.

Guandian Defense Technology Co's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Guandian Defense Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Guandian Defense Technology Co's Debt-to-Equity falls into.

Guandian Defense Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Guandian Defense Technology Co'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
	=	(21.7	+	0.716)	/	996.964
	=	0.02

Guandian Defense Technology Co'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
	=	(0	+	6.338)	/	913.945
	=	0.01

Guandian Defense Technology Co (SHSE:688287) 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.

Guandian Defense Technology Co Debt-to-Equity Related Terms

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Guandian Defense Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Guandian Defense Technology Co Ltd (SHSE:688287) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 22 Baiqiao Street, Room 301-306, 3rd Floor, Main Building, Dongcheng District, Beijing, CHN, 100062

Website

Guandian Defense Technology Co Ltd manufactures and distributes unmanned aerial vehicles (UAV). The firm produces UAV systems, intelligent defense equipment, and more. It offers Unmanned aerial vehicle systems, aviation measurement and control, communication remote sensing, navigation and positioning, radar and ancillary equipment, technology development, technology transfer, and technical services of public safety and defense systems, reconnaissance, command and control systems, among others.

Executives

Li Zhen Bing

Directors, senior managers

Guandian Defense Technology Co Headlines

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