Air China Debt/Equity
What is the Debt/Equity of Air China?
The Debt/Equity of Air China Limited is 8.50
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Industrials sector on HKSE compared to Air China
What does Air China do?
Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, Europe, North America, Japan, Korea, the Asia Pacific, and internationally. The company operates through Airline Operations and Other Operations segments. It provides aircraft engineering and airport ground handling services. The company is also involved in the import and export trading activities; and provision of cabin, airline catering, air ticketing, human resources, aircraft overhaul and maintenance, and financial services. As of December 31, 2020, it owned and operated 707 aircrafts to 1300 destinations in 195 countries. The company was founded in 1988 and is based in Beijing, the People's Republic of China. Air China Limited is a subsidiary of China National Aviation Holding Corporation Limited.
Companies with debt/equity similar to Air China
- Banca Intermobiliare di Investimenti e Gestioni SpA has Debt/Equity of 8.47
- Banner has Debt/Equity of 8.48
- M&T Bank has Debt/Equity of 8.49
- Long Blockchain has Debt/Equity of 8.49
- Long Blockchain has Debt/Equity of 8.49
- Brookline has Debt/Equity of 8.50
- Air China has Debt/Equity of 8.50
- First Interstate BancSystem has Debt/Equity of 8.50
- Citrix Systems has Debt/Equity of 8.50
- OFG Bancorp has Debt/Equity of 8.51
- Stock Yards Bancorp Inc has Debt/Equity of 8.52
- ALBIS Leasing AG has Debt/Equity of 8.52
- Oi S.A has Debt/Equity of 8.52