China Datang Renewable Power Co (STU:DT7) Debt-to-Equity : 1.82 (As of Jun. 2024)

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What is China Datang Renewable Power Co Debt-to-Equity?

China Datang Renewable Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €2,337 Mil. China Datang Renewable Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €5,367 Mil. China Datang Renewable Power Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €4,228 Mil. China Datang Renewable Power Co's debt to equity for the quarter that ended in Jun. 2024 was 1.82.

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 China Datang Renewable Power Co's Debt-to-Equity or its related term are showing as below:

STU:DT7' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.65 Med: 3.66 Max: 5.33
Current: 2.06

During the past 13 years, the highest Debt-to-Equity Ratio of China Datang Renewable Power Co was 5.33. The lowest was 1.65. And the median was 3.66.

STU:DT7's Debt-to-Equity is ranked worse than
78.28% of 396 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.85 vs STU:DT7: 2.06

China Datang Renewable Power Co Debt-to-Equity Historical Data

The historical data trend for China Datang Renewable Power 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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China Datang Renewable Power Co Debt-to-Equity Chart

China Datang Renewable Power Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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2.28

2.12

1.81

1.79

2.06

China Datang Renewable Power Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															1.81	1.65	1.79	1.82	2.06

Competitive Comparison of China Datang Renewable Power Co's Debt-to-Equity

For the Utilities - Renewable subindustry, China Datang Renewable Power 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.

China Datang Renewable Power Co's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Datang Renewable Power Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Datang Renewable Power Co's Debt-to-Equity falls into.

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China Datang Renewable Power Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Datang Renewable Power 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
	=	(1415.888	+	5949.787)	/	4114.711
	=	1.79

China Datang Renewable Power Co's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(2336.529	+	5366.807)	/	4228.277
	=	1.82

China Datang Renewable Power Co (STU:DT7) 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.

China Datang Renewable Power Co Debt-to-Equity Related Terms

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China Datang Renewable Power Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Datang Corp Renewable Power Co Ltd (STU:DT7) » Definitions » Debt-to-Equity

Traded in Other Exchanges

01798:Hong Kong DT7:Germany

Address

No. 1 Caishikou Street, 8/F, Building 1, Xicheng District, Beijing, CHN, 100053

Website

http://www.cdt-re.com

China Datang Corp Renewable Power Co Ltd is a China-based company engaged in the generation and sale of wind power and other renewable power. The Company's main businesses include the development, investment, construction and management of wind power and other renewable energy sources; research and development, application and promotion of low carbon technology; research, sale, testing and maintenance. The company also operates solar power plants on a smaller scale. China Datang Group is the key shareholder with a controlling stake of more than 60%.

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