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General Elevator Co (SZSE:300931) Debt-to-Equity : 0.00 (As of Jun. 2024)


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What is General Elevator Co Debt-to-Equity?

General Elevator Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥0.4 Mil. General Elevator Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥0.4 Mil. General Elevator Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ¥681.5 Mil. General Elevator Co's debt to equity for the quarter that ended in Jun. 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 General Elevator Co's Debt-to-Equity or its related term are showing as below:

During the past 8 years, the highest Debt-to-Equity Ratio of General Elevator Co was 0.12. The lowest was 0.00. And the median was 0.00.

SZSE:300931's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

General Elevator Co Debt-to-Equity Historical Data

The historical data trend for General Elevator 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.

General Elevator Co Debt-to-Equity Chart

General Elevator Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial - - 0.09 - -

General Elevator Co Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only - - - - -

Competitive Comparison of General Elevator Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, General Elevator 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.


General Elevator Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, General Elevator Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where General Elevator Co's Debt-to-Equity falls into.



General Elevator Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

General Elevator Co's Debt to Equity Ratio for the quarter that ended in Jun. 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.


General Elevator Co  (SZSE:300931) 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.


General Elevator Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of General Elevator Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


General Elevator Co Business Description

Traded in Other Exchanges
N/A
Address
Gangdong Development Zone, Qidu Town, Wujiang District, Jiangsu Province, Suzhou, CHN, 215200
General Elevator Co Ltd is engaged in the design, manufacturing, sales, installation, renovation and maintenance of elevators, escalators, and moving walks.
Executives
Li Biao Directors, executives
Gu Yue Jiang Director
Zhang Jian Lin Directors, executives
Sun Jian Ping Director

General Elevator Co Headlines

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