Shenzhen Yan Tian Port Holdings Co (SZSE:000088) Debt-to-Equity : 0.30 (As of Mar. 2024)

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What is Shenzhen Yan Tian Port Holdings Co Debt-to-Equity?

Shenzhen Yan Tian Port Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥109.7 Mil. Shenzhen Yan Tian Port Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,957.9 Mil. Shenzhen Yan Tian Port Holdings Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥13,564.0 Mil. Shenzhen Yan Tian Port Holdings Co's debt to equity for the quarter that ended in Mar. 2024 was 0.30.

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 Shenzhen Yan Tian Port Holdings Co's Debt-to-Equity or its related term are showing as below:

SZSE:000088' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.29 Max: 0.47
Current: 0.3

During the past 13 years, the highest Debt-to-Equity Ratio of Shenzhen Yan Tian Port Holdings Co was 0.47. The lowest was 0.07. And the median was 0.29.

SZSE:000088's Debt-to-Equity is ranked better than
68.48% of 882 companies
in the Transportation industry
Industry Median: 0.56 vs SZSE:000088: 0.30

Shenzhen Yan Tian Port Holdings Co Debt-to-Equity Historical Data

The historical data trend for Shenzhen Yan Tian Port Holdings 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.

Shenzhen Yan Tian Port Holdings Co Debt-to-Equity Chart

Shenzhen Yan Tian Port Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.30

0.28

0.31

0.34

0.30

Shenzhen Yan Tian Port Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.47	0.47	0.46	0.30	0.30

Competitive Comparison of Shenzhen Yan Tian Port Holdings Co's Debt-to-Equity

For the Marine Shipping subindustry, Shenzhen Yan Tian Port Holdings 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.

Shenzhen Yan Tian Port Holdings Co's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shenzhen Yan Tian Port Holdings Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shenzhen Yan Tian Port Holdings Co's Debt-to-Equity falls into.

Shenzhen Yan Tian Port Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shenzhen Yan Tian Port Holdings 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
	=	(110.78	+	3856.548)	/	13300.291
	=	0.30

Shenzhen Yan Tian Port Holdings Co's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(109.704	+	3957.864)	/	13564.025
	=	0.30

Shenzhen Yan Tian Port Holdings Co (SZSE:000088) 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.

Shenzhen Yan Tian Port Holdings Co Debt-to-Equity Related Terms

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Shenzhen Yan Tian Port Holdings Co (SZSE:000088) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shenzhen Yan Tian Port Holdings Co Ltd (SZSE:000088) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Harbor Building, 17-19F, Yantian Port, Yantian District, Guangdong, Shenzhen, CHN, 518081

Website

http://www.yantian-port.com

Shenzhen Yan Tian Port Holdings Co Ltd is a China-based company engages in the development and operation of ports. Its services include port investment, port development, port management, cargo handling and transportation, wharf construction project management, and toll expressway and bridge operations management, and warehousing and container repair. The company operates its businesses in the domestic market, with South China and Central China.

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