CSIMarket
 


Sorl Auto Parts Inc   (SORL)
Other Ticker:  
 

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?


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)   (Mar 31 2013)




Financial Statements
Sorl Auto Parts Inc 's Equity $ 230 Millions Visit SORL's Balance sheet
Sorl Auto Parts Inc 's Total Liabilities $ 618 Millions Visit SORL's Balance sheet
Source of SORL's Sales Visit SORL's Sales by Geography


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
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)   (Sep 30 2016)




Companies with similar Leverage Ratio in the quarter ending Dec 31 2019, within Auto & Truck Parts Industry Leverage RatioDec 31 2019 MRQ Total LiabilitiesDec 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

Date modified: 2023-03-22T01:21:11+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com