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Xi'an ChenXiAviation Technology (SZSE:300581) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Xi'an ChenXiAviation Technology Debt-to-Equity?

Xi'an ChenXiAviation Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.1 Mil. Xi'an ChenXiAviation Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Xi'an ChenXiAviation Technology's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,018.0 Mil. Xi'an ChenXiAviation Technology's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Xi'an ChenXiAviation Technology's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Xi'an ChenXiAviation Technology was 0.13. The lowest was 0.00. And the median was 0.00.

SZSE:300581's Debt-to-Equity is not ranked *
in the Aerospace & Defense industry.
Industry Median: 0.425
* Ranked among companies with meaningful Debt-to-Equity only.

Xi'an ChenXiAviation Technology Debt-to-Equity Historical Data

The historical data trend for Xi'an ChenXiAviation Technology'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.

Xi'an ChenXiAviation Technology Debt-to-Equity Chart

Xi'an ChenXiAviation Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Xi'an ChenXiAviation Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Xi'an ChenXiAviation Technology's Debt-to-Equity

For the Aerospace & Defense subindustry, Xi'an ChenXiAviation Technology'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.


Xi'an ChenXiAviation Technology's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Xi'an ChenXiAviation Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Xi'an ChenXiAviation Technology's Debt-to-Equity falls into.



Xi'an ChenXiAviation Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Xi'an ChenXiAviation Technology's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Xi'an ChenXiAviation Technology's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Xi'an ChenXiAviation Technology  (SZSE:300581) 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.


Xi'an ChenXiAviation Technology Debt-to-Equity Related Terms

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Xi'an ChenXiAviation Technology (SZSE:300581) Business Description

Traded in Other Exchanges
N/A
Address
69 Jinye Road, No. 11, District C, Pioneer Park, High-tech Zone, Shaanxi Province, Xi'an, CHN, 710077
Website
Xi'an ChenXiAviation Technology Corp Ltd is engaged in manufacturing of aviation inertial navigation products, aircraft engines and electrical products.
Executives
Wang Man Cang Independent director

Xi'an ChenXiAviation Technology (SZSE:300581) Headlines

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