Coolpad Group (Coolpad Group) Debt-to-Equity : 0.19 (As of Jun. 2023)

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What is Coolpad Group Debt-to-Equity?

Coolpad Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $21.35 Mil. Coolpad Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $28.39 Mil. Coolpad Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $264.23 Mil. Coolpad Group's debt to equity for the quarter that ended in Jun. 2023 was 0.19.

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

CHWTF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.29 Max: 1.1
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Coolpad Group was 1.10. The lowest was 0.09. And the median was 0.29.

CHWTF's Debt-to-Equity is ranked better than
61.62% of 2199 companies
in the Hardware industry
Industry Median: 0.28 vs CHWTF: 0.19

Coolpad Group Debt-to-Equity Historical Data

The historical data trend for Coolpad Group'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.

Coolpad Group Debt-to-Equity Chart

Coolpad Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.55

0.36

0.41

0.10

0.09

Coolpad Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.24	0.10	0.09	0.09	0.19

Competitive Comparison of Coolpad Group's Debt-to-Equity

For the Consumer Electronics subindustry, Coolpad Group'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.

Coolpad Group's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Coolpad Group's Debt-to-Equity distribution charts can be found below:

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

Coolpad Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Coolpad Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(23.443	+	1.277)	/	287.241
	=	0.09

Coolpad Group's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(21.352	+	28.385)	/	264.228
	=	0.19

Coolpad Group (OTCPK:CHWTF) 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.

Coolpad Group Debt-to-Equity Related Terms

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Coolpad Group (Coolpad Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Coolpad Group Ltd (OTCPK:CHWTF) » Definitions » Debt-to-Equity

Traded in Other Exchanges

02369:Hong Kong

Address

Coolpad Information Harbor, No. 8 of Gaoxin North 1st Road, Hi-Tech Industry Park (Northern), Nanshan District, Shenzhen, CHN, 518057

Website

https://www.coolpad.com.hk

Coolpad Group Ltd is an investment holding company that develops and provides integrated solutions for smartphone sets, mobile data platform systems, and value-added businesses in Mainland China and internationally. It operates in two segments: Mobile Phone; and Property Investment. The Mobile Phone segment which derives the majority of revenue engages in the research, development, production, and sale of mobile phones and related accessories and the provision of wireless application service, and the property investment segment invests in properties for rental income potential and for capital appreciation. It generates a majority of its revenue from Mainland China.

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