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Sorl Auto Parts Inc (SORL) |
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Sorl Auto Parts Inc 's Leverage Ratio
SORL's quarterly Leverage Ratio and Total Liabilities, Equity growth
Due to net new borrowings of 20.57%, Leverage Ratio fell to 2.69, above the Sorl Auto Parts Inc 's average Leverage Ratio.
Within Auto & Truck Parts industry in the forth quarter 2019, 32 other companies have achieved lower Leverage Ratio than Sorl Auto Parts Inc in the IV Quarter 2019. While Leverage Ratio total ranking has deteriorated compared to the third quarter 2019 from 3266 to 3328 .
Explain Leverage Ratio?
Who are SORL Customers?
What are SORL´s Total Liabilities?
Select the Comparisons :
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Select the Ratio:
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SORL Leverage Ratio |
(Dec 31 2019) IV. Quarter |
(Sep 30 2019) III. Quarter |
(Jun 30 2019) II. Quarter |
(Mar 31 2019) I. Quarter |
(Dec 31 2018) IV. Quarter |
Y / Y Equity Change |
11.93 % |
9.24 % |
3.36 % |
1.01 % |
2.58 % |
Y / Y Total Liabilities Change |
0.11 % |
-2.81 % |
3.84 % |
-5.22 % |
50.98 % |
Leverage Ratio MRQ |
2.69 |
2.34 |
2.63 |
2.72 |
3.01 |
SORL's Total
Ranking |
# 3328 |
# 3266 |
# 3442 |
# 3480 |
# 3611 |
Seq. Equity Change |
4.89 % |
-0.87 % |
0.66 % |
6.94 % |
2.37 % |
Seq. Total Liabilities Change |
20.57 % |
-11.92 % |
-2.47 % |
-3.34 % |
17.05 % |
Leverage Ratio forth quarter 2019 Company Ranking |
Within: |
No. |
Auto & Truck Parts Industry |
# 33 |
Consumer Discretionary Sector |
# 133 |
Overall Market |
# 3203 |
Leverage Ratio Statistics |
High |
Average |
Low |
3.01 |
1.12 |
0.32 |
(Dec 31 2018) |
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(Mar 31 2013) |
Cumulative Sorl Auto Parts Inc 's Leverage Ratio
SORL's Leverage Ratio for the trailling 12 Months
SORL Leverage Ratio |
(Dec 31 2019) IV. Quarter |
(Sep 30 2019) III. Quarter |
(Jun 30 2019) II. Quarter |
(Mar 31 2019) I. Quarter |
(Dec 31 2018) IV. Quarter |
Y / Y Equity TTM Growth |
11.93 % |
9.24 % |
3.36 % |
1.01 % |
2.58 % |
Y / Y Total Liabilities TTM Growth |
0.11 % |
-2.81 % |
3.84 % |
-5.22 % |
50.98 % |
Leverage Ratio TTM |
2.6 |
2.67 |
2.74 |
2.74 |
2.79 |
Total
Ranking TTM |
# 42
| # 2853
| # 112
| # 3059
| # 107
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Seq. Equity TTM Growth |
4.89 % |
-0.87 % |
0.66 % |
6.94 % |
2.37 % |
Seq. Total Liabilities TTM Growth |
20.57 % |
-11.92 % |
-2.47 % |
-3.34 % |
17.05 % |
On the trailing twelve months basis Despite of the net new borrowings of 20.57% during the twelve months period ending in IV Quarter 2019 Sorl Auto Parts Inc has managed to decrease Leverage Ratio in the IV Quarter 2019 to 2.6, above the SORL's average Leverage Ratio. Leverage Ratio is the average cumulative value over the last four quarters.
Among companies in the Auto & Truck Parts industry SORL recorded the lowest Leverage Ratio. While Leverage Ratio total ranking has improved so far to 42, from total ranking in previous 12 month period at 2853.
Explain Leverage Ratio?
Who are SORL Customers?
What are SORL´s Total Liabilities?
TTM Leverage Ratio Company Ranking |
Within: |
No. |
Within the Auto & Truck Parts Industry |
# 0 |
Consumer Discretionary Sector |
# 2 |
Within the Market |
# 42 |
trailing twelve months Leverage Ratio Statistics |
High |
Average |
Low |
0.32 |
0.12 |
0.01 | (Dec 31 2017) |
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(Sep 30 2016) |
Companies with similar Leverage Ratio in the quarter ending Dec 31 2019, within Auto & Truck Parts Industry | Leverage Ratio | Dec 31 2019 MRQ Total Liabilities | Dec 31 2019 MRQ Equity | Tenneco Inc | 7.17 | $ 11,607.000 Millions | $ 1,619.000 Millions | Meritor Inc. | 6.63 | $ 2,544.000 Millions | $ 384.000 Millions | American Axle and Manufacturing Holdings Inc | 5.78 | $ 5,667.000 Millions | $ 980.400 Millions | Harley davidson Inc | 4.81 | $ 8,671.578 Millions | $ 1,803.999 Millions | Allison Transmission Holdings Inc | 4.65 | $ 3,634.000 Millions | $ 781.000 Millions | Superior Industries International Inc | 4.24 | $ 1,066.702 Millions | $ 251.690 Millions | Adient Plc | 4.15 | $ 8,659.000 Millions | $ 2,084.000 Millions | Capstone Green Energy Corporation | 3.80 | $ 62.282 Millions | $ 16.383 Millions | Bwx Technologies Inc | 3.72 | $ 1,504.807 Millions | $ 404.112 Millions | Briggs and Stratton Corporation | 3.51 | $ 1,401.346 Millions | $ 399.530 Millions | Genuine Parts Co | 2.97 | $ 10,970.922 Millions | $ 3,695.500 Millions | Visteon Corporation | 2.96 | $ 1,761.000 Millions | $ 595.000 Millions | Sorl Auto Parts Inc | 2.69 | $ 618.384 Millions | $ 229.979 Millions | Dana Inc | 2.62 | $ 5,165.000 Millions | $ 1,968.000 Millions | Tpi Composites Inc | 2.48 | $ 507.744 Millions | $ 205.050 Millions | Aptiv Plc | 2.32 | $ 9,311.000 Millions | $ 4,011.000 Millions | Icahn Enterprises l p | 2.25 | $ 24,639.000 Millions | $ 10,942.000 Millions | Envirotech Vehicles Inc | 2.14 | $ 7.035 Millions | $ 3.282 Millions | Autoliv Inc | 2.14 | $ 4,542.600 Millions | $ 2,122.400 Millions | Westport Fuel Systems Inc | 2.13 | $ 190.567 Millions | $ 89.359 Millions | Commercial Vehicle Group Inc | 2.10 | $ 270.104 Millions | $ 128.688 Millions | Cooper standard Holdings Inc | 1.94 | $ 1,695.079 Millions | $ 875.982 Millions | Lear Corp | 1.84 | $ 8,298.000 Millions | $ 4,501.100 Millions | Modine Manufacturing Co | 1.82 | $ 989.400 Millions | $ 543.000 Millions | Brunswick Corporation | 1.74 | $ 2,263.500 Millions | $ 1,300.900 Millions | Unique Fabricating Inc | 1.58 | $ 62.208 Millions | $ 39.460 Millions | Motorcar Parts Of America Inc | 1.56 | $ 442.416 Millions | $ 284.326 Millions | Lkq Corporation | 1.54 | $ 7,755.453 Millions | $ 5,048.580 Millions | Lydall Inc | 1.47 | $ 467.517 Millions | $ 318.420 Millions | Cummins Inc | 1.44 | $ 12,230.000 Millions | $ 8,465.000 Millions |
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