U Power (U Power) Debt-to-Equity : 0.15 (As of Dec. 2023)

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What is U Power Debt-to-Equity?

U Power's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.50 Mil. U Power's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.84 Mil. U Power's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $42.95 Mil. U Power's debt to equity for the quarter that ended in Dec. 2023 was 0.15.

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 U Power's Debt-to-Equity or its related term are showing as below:

UCAR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.14 Max: 0.22
Current: 0.15

During the past 4 years, the highest Debt-to-Equity Ratio of U Power was 0.22. The lowest was 0.11. And the median was 0.14.

UCAR's Debt-to-Equity is ranked better than
77.66% of 1177 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs UCAR: 0.15

U Power Debt-to-Equity Historical Data

The historical data trend for U Power'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.

U Power Debt-to-Equity Chart

U Power Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.11

0.13

0.22

0.15

U Power Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.13	0.12	0.22	0.16	0.15

Competitive Comparison of U Power's Debt-to-Equity

For the Auto & Truck Dealerships subindustry, U Power'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.

U Power's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, U Power's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where U Power's Debt-to-Equity falls into.

U Power Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

U Power'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
	=	(5.5	+	0.838)	/	42.95
	=	0.15

U Power's Debt to Equity Ratio for the quarter 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
	=	(5.5	+	0.838)	/	42.95
	=	0.15

U Power (NAS:UCAR) 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.

U Power Debt-to-Equity Related Terms

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

U Power (U Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » U Power Ltd (NAS:UCAR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

18th Floor, Building 3, Science and Technology Industrial Park, Yijiang District, Anhui Province, Wuhu, CHN, 241003

Website

http://www.upincar.com

U Power Ltd is involved in the provision of vehicle sourcing services. It is principally engaged in the provision of new energy vehicles development and sales; battery swapping stations manufactory and sales; battery swapping services and sourcing services. The company as a broker engaged in sales of vehicles between automobile wholesalers and buyers, including small and medium sized vehicle dealers and individual customers primarily located in the lower-tier cities in China, which are smaller and less developed than the tier-1 or tier-2 cities.