Tus Design Group Co (SZSE:300500) Debt-to-Equity : 0.40 (As of Sep. 2024)

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What is Tus Design Group Co Debt-to-Equity?

Tus Design Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥205 Mil. Tus Design Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥268 Mil. Tus Design Group Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥1,186 Mil. Tus Design Group Co's debt to equity for the quarter that ended in Sep. 2024 was 0.40.

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 Tus Design Group Co's Debt-to-Equity or its related term are showing as below:

SZSE:300500' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.3 Max: 0.49
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of Tus Design Group Co was 0.49. The lowest was 0.19. And the median was 0.30.

SZSE:300500's Debt-to-Equity is ranked better than
52.13% of 1552 companies
in the Construction industry
Industry Median: 0.435 vs SZSE:300500: 0.40

Tus Design Group Co Debt-to-Equity Historical Data

The historical data trend for Tus Design Group 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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Tus Design Group Co Debt-to-Equity Chart

Tus Design Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.25

0.24

0.26

0.34

0.45

Tus Design Group 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															0.34	0.45	0.49	0.43	0.40

Competitive Comparison of Tus Design Group Co's Debt-to-Equity

For the Engineering & Construction subindustry, Tus Design Group 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.

Tus Design Group Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tus Design Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tus Design Group Co's Debt-to-Equity falls into.

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Tus Design Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tus Design Group 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
	=	(358.857	+	182.835)	/	1213.347
	=	0.45

Tus Design Group 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
	=	(204.806	+	267.715)	/	1185.789
	=	0.40

Tus Design Group Co (SZSE:300500) 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.

Tus Design Group Co Debt-to-Equity Related Terms

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Tus Design Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tus Design Group Co Ltd (SZSE:300500) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

No. 9 Xinghai Street, Suzhou Industrial Park, Jiangsu Province, Suizhou, CHN, 215028

Website

http://www.tusdesign.com

Tus Design Group Co Ltd is a design firm providing consultation and design services to its clients. Its projects include urban planning, architecture design, exterior, and interior decoration design, green building consultancy, and rail transit design. The company covers business parks, health, eco-tourism, Urban renewal, commercial buildings, cultural and sports, residential, rail transit complexes, landscape gardens, underground civil air defense, and other fields.

Executives

Yuan Xue Fen	Directors, executives
Hua Liang	Directors, Directors, and Executives
Li Hai Jian	Director
Song Jun	Supervisors
Jin Jian Hua	Directors, executives
Yu Hui Ling	Securities Affairs Representative
Tang Shao Hua	Directors, executives

Tus Design Group Co Headlines

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