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Guangzhou SPI Design Co (SZSE:300844) Debt-to-Equity : 0.07 (As of Mar. 2024)


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What is Guangzhou SPI Design Co Debt-to-Equity?

Guangzhou SPI Design Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥41.0 Mil. Guangzhou SPI Design Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥11.6 Mil. Guangzhou SPI Design Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥745.2 Mil. Guangzhou SPI Design Co's debt to equity for the quarter that ended in Mar. 2024 was 0.07.

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

SZSE:300844' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.07   Max: 0.3
Current: 0.07

During the past 7 years, the highest Debt-to-Equity Ratio of Guangzhou SPI Design Co was 0.30. The lowest was 0.01. And the median was 0.07.

SZSE:300844's Debt-to-Equity is ranked better than
85.55% of 1516 companies
in the Construction industry
Industry Median: 0.44 vs SZSE:300844: 0.07

Guangzhou SPI Design Co Debt-to-Equity Historical Data

The historical data trend for Guangzhou SPI Design 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.

Guangzhou SPI Design Co Debt-to-Equity Chart

Guangzhou SPI Design Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial - 0.27 0.06 0.08 0.03

Guangzhou SPI Design Co Quarterly Data
Dec17 Dec18 Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.03 0.01 0.03 0.07

Competitive Comparison of Guangzhou SPI Design Co's Debt-to-Equity

For the Engineering & Construction subindustry, Guangzhou SPI Design 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.


Guangzhou SPI Design Co's Debt-to-Equity Distribution in the Construction Industry

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

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



Guangzhou SPI Design Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Guangzhou SPI Design Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Guangzhou SPI Design Co'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.


Guangzhou SPI Design Co  (SZSE:300844) 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.


Guangzhou SPI Design Co Debt-to-Equity Related Terms

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Guangzhou SPI Design Co (SZSE:300844) Business Description

Traded in Other Exchanges
N/A
Address
No. 1166 Xingang East Road, Room No-201-205 and 301-304, Haizhu District, Guangdong Province, Guangzhou, CHN, 510330
Guangzhou SPI Design Co Ltd is engaged in providing holistic solutions for community landscape, cultural tourism, commercial space, municipal public and other fields.
Executives
Mei Wei Ping Supervisors

Guangzhou SPI Design Co (SZSE:300844) Headlines

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