Jilin Jlu Communication Design Institute Co (SZSE:300597) Debt-to-Equity : 0.12 (As of Mar. 2024)

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What is Jilin Jlu Communication Design Institute Co Debt-to-Equity?

Jilin Jlu Communication Design Institute Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥119.1 Mil. Jilin Jlu Communication Design Institute Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1.1 Mil. Jilin Jlu Communication Design Institute Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,041.5 Mil. Jilin Jlu Communication Design Institute Co's debt to equity for the quarter that ended in Mar. 2024 was 0.12.

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 Jilin Jlu Communication Design Institute Co's Debt-to-Equity or its related term are showing as below:

SZSE:300597' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.12
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Jilin Jlu Communication Design Institute Co was 0.12. The lowest was 0.00. And the median was 0.03.

SZSE:300597's Debt-to-Equity is ranked better than
77.74% of 1523 companies
in the Construction industry
Industry Median: 0.44 vs SZSE:300597: 0.12

Jilin Jlu Communication Design Institute Co Debt-to-Equity Historical Data

The historical data trend for Jilin Jlu Communication Design Institute 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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Jilin Jlu Communication Design Institute Co Debt-to-Equity Chart

Jilin Jlu Communication Design Institute Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.01

0.03

0.10

Jilin Jlu Communication Design Institute 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															0.03	0.06	0.08	0.10	0.12

Competitive Comparison of Jilin Jlu Communication Design Institute Co's Debt-to-Equity

For the Engineering & Construction subindustry, Jilin Jlu Communication Design Institute 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.

Jilin Jlu Communication Design Institute Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jilin Jlu Communication Design Institute Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jilin Jlu Communication Design Institute Co's Debt-to-Equity falls into.

Jilin Jlu Communication Design Institute Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jilin Jlu Communication Design Institute 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
	=	(110.81	+	0.754)	/	1070.28
	=	0.10

Jilin Jlu Communication Design Institute 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
	=	(119.101	+	1.058)	/	1041.475
	=	0.12

Jilin Jlu Communication Design Institute Co (SZSE:300597) 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.

Jilin Jlu Communication Design Institute Co Debt-to-Equity Related Terms

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Jilin Jlu Communication Design Institute Co (SZSE:300597) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Jilin Jlu Communication Design Institute Co Ltd (SZSE:300597) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Nanhu Xuefu Classic Community, Room 701, Building 9, Chaoyang District, Changchun, CHN, 130012

Website

http://www.jlucdi.com

Jilin Jlu Communication Design Institute Co Ltd is a China based company engaged in consulting, surveying and design of communication engineering projects. Its services include planning, feasibility study, evaluation, scheme design, project proposal, and technical specification. The business areas of the company comprise Service area, Professional scope, and Service object. Its service scope comprises core network, data network, support network, mobile communication, microwave communication, wireless network optimization, optical fiber communication, communication power supply, communication line, communication pipeline, CATV, intelligent building system integration, broadband fiber access, and smart city construction among others.

Executives

Lin Jia Yun	Director
Ma Shu Cai	Directors, executives
Wu Liang Chun	Directors, executives
Zhou Wei	Directors, Directors, and Executives
Xia Xi Gang	Executives
Jin Yi Jing	Executives
Geng Yan	Securities Affairs Representative
Qiao Yuan Zhi	Supervisors
Li Bao Yan	Supervisors

Jilin Jlu Communication Design Institute Co (SZSE:300597) Headlines

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