Sinotrans Shipping (Sinotrans Shipping) Debt-to-Equity : 0.03 (As of Jun. 2018)

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What is Sinotrans Shipping Debt-to-Equity?

Sinotrans Shipping's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $8.28 Mil. Sinotrans Shipping's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $50.89 Mil. Sinotrans Shipping's Total Stockholders Equity for the quarter that ended in Jun. 2018 was $1,836.95 Mil. Sinotrans Shipping's debt to equity for the quarter that ended in Jun. 2018 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 Sinotrans Shipping's Debt-to-Equity or its related term are showing as below:

SSLYY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.24
Current: 0.03

During the past 12 years, the highest Debt-to-Equity Ratio of Sinotrans Shipping was 0.24. The lowest was 0.02. And the median was 0.04.

SSLYY's Debt-to-Equity is not ranked
in the Transportation industry.
Industry Median: 0.57 vs SSLYY: 0.03

Sinotrans Shipping Debt-to-Equity Historical Data

The historical data trend for Sinotrans Shipping'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.

Sinotrans Shipping Debt-to-Equity Chart

Sinotrans Shipping Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Debt-to-Equity

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0.02

0.04

Sinotrans Shipping Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Debt-to-Equity	Get a 7-Day Free Trial															0.04	0.04	0.04	0.04	0.03

Competitive Comparison of Sinotrans Shipping's Debt-to-Equity

For the Marine Shipping subindustry, Sinotrans Shipping'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.

Sinotrans Shipping's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sinotrans Shipping's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sinotrans Shipping's Debt-to-Equity falls into.

Sinotrans Shipping Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sinotrans Shipping's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 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
	=	(8.218	+	54.936)	/	1817.028
	=	0.03

Sinotrans Shipping's Debt to Equity Ratio for the quarter that ended in Jun. 2018 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
	=	(8.281	+	50.888)	/	1836.947
	=	0.03

Sinotrans Shipping (GREY:SSLYY) 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.

Sinotrans Shipping Debt-to-Equity Related Terms

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Sinotrans Shipping (Sinotrans Shipping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sinotrans Shipping Ltd (GREY:SSLYY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.sinotranship.com

Sinotrans Shipping is a transportation and logistics company, domiciled in Hong Kong. The company organises itself into three segments: container shipping, dry bulk shipping, and others. Container shipping, which contributes the majority of revenue, transports shipping containers and provides freight forwarding services. Dry bulk shipping, the next most significant segment, transports ocean freight and includes charter hire income. The others segment includes ship management and the liquefied natural gas business. The company derives the majority of revenue from Asia.

Sinotrans Shipping (Sinotrans Shipping) Headlines

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