Tianjin Tianbao Infrastructure Co (SZSE:000965) Debt-to-Equity : 0.66 (As of Sep. 2024)

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What is Tianjin Tianbao Infrastructure Co Debt-to-Equity?

Tianjin Tianbao Infrastructure Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥992 Mil. Tianjin Tianbao Infrastructure Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥2,602 Mil. Tianjin Tianbao Infrastructure Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥5,424 Mil. Tianjin Tianbao Infrastructure Co's debt to equity for the quarter that ended in Sep. 2024 was 0.66.

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 Tianjin Tianbao Infrastructure Co's Debt-to-Equity or its related term are showing as below:

SZSE:000965' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.42 Max: 0.69
Current: 0.66

During the past 13 years, the highest Debt-to-Equity Ratio of Tianjin Tianbao Infrastructure Co was 0.69. The lowest was 0.18. And the median was 0.42.

SZSE:000965's Debt-to-Equity is ranked better than
51.99% of 1558 companies
in the Real Estate industry
Industry Median: 0.735 vs SZSE:000965: 0.66

Tianjin Tianbao Infrastructure Co Debt-to-Equity Historical Data

The historical data trend for Tianjin Tianbao Infrastructure 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.

Tianjin Tianbao Infrastructure Co Debt-to-Equity Chart

Tianjin Tianbao Infrastructure Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.34

0.31

0.42

0.55

0.56

Tianjin Tianbao Infrastructure 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															0.57	0.53	0.61	0.69	0.66

Competitive Comparison of Tianjin Tianbao Infrastructure Co's Debt-to-Equity

For the Real Estate - Development subindustry, Tianjin Tianbao Infrastructure 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.

Tianjin Tianbao Infrastructure Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tianjin Tianbao Infrastructure Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tianjin Tianbao Infrastructure Co's Debt-to-Equity falls into.

Tianjin Tianbao Infrastructure Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tianjin Tianbao Infrastructure Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(1845.779	+	1221.968)	/	5449.733
	=	0.56

Tianjin Tianbao Infrastructure 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
	=	(991.688	+	2602.021)	/	5424.459
	=	0.66

Tianjin Tianbao Infrastructure Co (SZSE:000965) 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.

Tianjin Tianbao Infrastructure Co Debt-to-Equity Related Terms

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Tianjin Tianbao Infrastructure Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tianjin Tianbao Infrastructure Co Ltd (SZSE:000965) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 35, Xiwu Road, Tianjin Airport Economic Zone, Tianbao Huijin Plaza Building 1, Tianjin, 300300, CHN, 300461

Website

http://www.tbjijian.com

Tianjin Tianbao Infrastructure Co Ltd is primarily engaged in the development and operation of real estate. Its main business is real estate development and infrastructure construction. Further, it is also involved in the park development, equity investment and property management activity. Geographically, the business activities are carried out through the region of China.

Executives

Gao Tian Biao

Director

Tianjin Tianbao Infrastructure Co Headlines

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