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Guangzhou Restaurant Group Co (SHSE:603043) Debt-to-Equity : 0.29 (As of Mar. 2024)


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What is Guangzhou Restaurant Group Co Debt-to-Equity?

Guangzhou Restaurant Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥489 Mil. Guangzhou Restaurant Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥588 Mil. Guangzhou Restaurant Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,728 Mil. Guangzhou Restaurant Group Co's debt to equity for the quarter that ended in Mar. 2024 was 0.29.

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 Restaurant Group Co's Debt-to-Equity or its related term are showing as below:

SHSE:603043' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.17   Max: 0.39
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Guangzhou Restaurant Group Co was 0.39. The lowest was 0.00. And the median was 0.17.

SHSE:603043's Debt-to-Equity is ranked better than
82.51% of 303 companies
in the Restaurants industry
Industry Median: 0.94 vs SHSE:603043: 0.29

Guangzhou Restaurant Group Co Debt-to-Equity Historical Data

The historical data trend for Guangzhou Restaurant Group 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 Restaurant Group Co Debt-to-Equity Chart

Guangzhou Restaurant Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.16 0.16 0.31 0.33

Guangzhou Restaurant Group 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 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 0.30 0.39 0.35 0.33 0.29

Competitive Comparison of Guangzhou Restaurant Group Co's Debt-to-Equity

For the Restaurants subindustry, Guangzhou Restaurant Group 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 Restaurant Group Co's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Guangzhou Restaurant Group Co's Debt-to-Equity distribution charts can be found below:

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



Guangzhou Restaurant Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Guangzhou Restaurant Group 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 Restaurant Group Co  (SHSE:603043) 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 Restaurant Group Co Debt-to-Equity Related Terms

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Guangzhou Restaurant Group Co (SHSE:603043) Business Description

Traded in Other Exchanges
N/A
Address
12th Floor, Office Building, Ximenkou Square, No. 50, Zhongshan Road, Liwan District, Guangdong Province, Guangzhou City, CHN, 510170
Guangzhou Restaurant Group Co Ltd is a catering service and food production company. Its catering brands include Guangzhou Restaurant, Tianji and Westernland, Good and tangible, food brand Likoufu and Autumn Wind, with Guangzhou restaurant and food restaurants, Western-style Western-style light meals, good and tangible fusion restaurant, large food processing base and more than 160 Home food chain cake house.

Guangzhou Restaurant Group Co (SHSE:603043) Headlines

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