Gree Electric Appliances, of Zhuhai (000651.SZ) Debt to Equity Ratio

Price: $45.46
Market Cap: $248.90B
Avg Volume: 46.91M
Country: CN
Industry: Furnishings, Fixtures & Appliances
Sector: Consumer Cyclical
Beta: 0.573
52W Range: $36.74-52.73
Website: Gree Electric Appliances, of Zhuhai

Debt to Equity Ratio

Gree Electric Appliances, of Zhuhai's debt to equity ratio indicates the proportion of equity and debt the company uses to finance its assets:

  • Annual: 0.57
  • Quarterly: 0.57
  • TTM: 0.57

Other Key Debt Metrics

These metrics provide additional insights into Gree Electric Appliances, of Zhuhai's financial leverage and its ability to meet financial obligations:

  • Debt Ratio - indicates the proportion of a company's assets that are financed through debt:
    • Annual: 18.00%
    • Quarterly: 19.36%
    • TTM: 19.36%
  • Debt to Assets Ratio - shows the proportion of a company's assets that are financed by debt:
    • Annual: 18.00%
    • Quarterly: 19.36%
    • TTM: 19.36%

These financial metrics offer a comprehensive view of Gree Electric Appliances, of Zhuhai's debt structure and financial health. By comparing these ratios with industry benchmarks, investors can better understand the company's leverage and risk profile.

Annual Debt to Equity Ratio

0.57

Quarterly Debt to Equity Ratio

0.57

TTM Debt to Equity Ratio

0.57

Gree Electric Appliances, of Zhuhai Historical Debt to Equity Ratio
0.870.870.700.700.520.520.350.350.170.170.000.00Debt to Equity Ratio20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Debt Ratio
23.68%23.68%18.95%18.95%14.21%14.21%9.47%9.47%4.74%4.74%0.00%0.00%Debt Ratio20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Debt to Assets Ratio
23.68%23.68%18.95%18.95%14.21%14.21%9.47%9.47%4.74%4.74%0.00%0.00%Debt to Assets Ratio20152015201620162017201720182018201920192020202020212021202220222023202320242024

Gree Electric Appliances, of Zhuhai Historical Debt to Equity Ratio

The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.

Year Debt to Equity Ratio Debt Ratio Debt to Assets Ratio
2023 0.57 18.00% 18.00%
2022 0.87 23.68% 23.68%
2021 0.38 12.17% 12.17%
2020 0.20 8.22% 8.22%
2019 0.17 6.74% 6.74%
2018 0.24 8.78% 8.78%
2017 0.28 8.67% 8.67%
2016 0.20 5.87% 5.87%
2015 0.18 5.37% 5.37%
2014 0.19 5.44% 5.44%

Related Metrics

Explore detailed financial metrics and analysis for 000651.SZ.