E-Commodities Holdings (HKSE:01733) Debt-to-Equity : 0.31 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is E-Commodities Holdings Debt-to-Equity?

E-Commodities Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2,162 Mil. E-Commodities Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$506 Mil. E-Commodities Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$8,494 Mil. E-Commodities Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.31.

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 E-Commodities Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:01733' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.19 Med: 0.47 Max: 11.84
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of E-Commodities Holdings was 11.84. The lowest was -2.19. And the median was 0.47.

HKSE:01733's Debt-to-Equity is ranked worse than
60.63% of 127 companies
in the Other Energy Sources industry
Industry Median: 0.21 vs HKSE:01733: 0.31

E-Commodities Holdings Debt-to-Equity Historical Data

The historical data trend for E-Commodities Holdings'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.

E-Commodities Holdings Debt-to-Equity Chart

E-Commodities Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.20

0.51

0.32

0.27

0.31

E-Commodities Holdings 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															0.32	0.37	0.27	0.18	0.31

Competitive Comparison of E-Commodities Holdings's Debt-to-Equity

For the Thermal Coal subindustry, E-Commodities Holdings'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.

E-Commodities Holdings's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, E-Commodities Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where E-Commodities Holdings's Debt-to-Equity falls into.

E-Commodities Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

E-Commodities Holdings'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
	=	(2161.896	+	505.685)	/	8494.073
	=	0.31

E-Commodities Holdings'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
	=	(2161.896	+	505.685)	/	8494.073
	=	0.31

E-Commodities Holdings (HKSE:01733) 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.

E-Commodities Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of E-Commodities Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

E-Commodities Holdings (HKSE:01733) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » E-Commodities Holdings Ltd (HKSE:01733) » Definitions » Debt-to-Equity

Traded in Other Exchanges

WWY1:Germany

Address

Room 706, Tower B, Tianrun Fortune Center, No. 58, Dongzongbu Hutong, Dongcheng District, Beijing, CHN, 100005

Website

http://www.e-comm.com

E-Commodities Holdings Ltd is a company principally engaged in the processing and trading of coking coal and other products and rendering of logistics services. The group has two business divisions. The processing and trading of coking coal and other products segment manages and operates coal processing plants and generates income from processing and trading of coking coal and other products to external customers. Rendering of integrated supply chain services segment constructs, manages and operates processing factories and logistics parks and generates income from rendering of warehousing. Majority of the firm's revenue comes from the processing and trading of coking coal and other products segment.

E-Commodities Holdings (HKSE:01733) Headlines

No Headlines