Hidili Industry International Development (HKSE:01393) Debt-to-Equity : 3.58 (As of Dec. 2023)

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What is Hidili Industry International Development Debt-to-Equity?

Hidili Industry International Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4,660 Mil. Hidili Industry International Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2,101 Mil. Hidili Industry International Development's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,887 Mil. Hidili Industry International Development's debt to equity for the quarter that ended in Dec. 2023 was 3.58.

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 Hidili Industry International Development's Debt-to-Equity or its related term are showing as below:

HKSE:01393' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.29 Med: 5.49 Max: 28.99
Current: 3.58

During the past 13 years, the highest Debt-to-Equity Ratio of Hidili Industry International Development was 28.99. The lowest was 1.29. And the median was 5.49.

HKSE:01393's Debt-to-Equity is ranked worse than
98.41% of 126 companies
in the Other Energy Sources industry
Industry Median: 0.215 vs HKSE:01393: 3.58

Hidili Industry International Development Debt-to-Equity Historical Data

The historical data trend for Hidili Industry International Development'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.

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Hidili Industry International Development Debt-to-Equity Chart

Hidili Industry International Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

14.13

28.99

8.01

4.98

3.58

Hidili Industry International Development Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															8.01	5.29	4.98	1.63	3.58

Competitive Comparison of Hidili Industry International Development's Debt-to-Equity

For the Thermal Coal subindustry, Hidili Industry International Development'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.

Hidili Industry International Development's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Hidili Industry International Development's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hidili Industry International Development's Debt-to-Equity falls into.

Hidili Industry International Development Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hidili Industry International Development's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(4659.71	+	2101.198)	/	1887.394
	=	3.58

Hidili Industry International Development's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(4659.71	+	2101.198)	/	1887.394
	=	3.58

Hidili Industry International Development (HKSE:01393) 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.

Hidili Industry International Development Debt-to-Equity Related Terms

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Hidili Industry International Development (HKSE:01393) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Hidili Industry International Development Ltd (HKSE:01393) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 185 Renmin Road, 16th Floor, Dingli Mansion, Sichuan Province, Panzhihua, CHN, 617000

Website

http://www.hidili.com.cn

Hidili Industry International Development Ltd is an investment holding company engaged in the coal mining, manufacture, and sale of raw coal and clean coal. It derives revenue from the production and sales of Clean coal and its by-products such as Raw coal, High-ash thermal coal, and others. All of the group's turnover is derived from the operation in the PRC.

Hidili Industry International Development (HKSE:01393) Headlines

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