CF Energy (CF Energy) Debt-to-Equity

: 1.34 (As of Sep. 2023)

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CF Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $19.37 Mil. CF Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $56.62 Mil. CF Energy's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $56.76 Mil. CF Energy's debt to equity for the quarter that ended in Sep. 2023 was 1.34.

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 CF Energy's Debt-to-Equity or its related term are showing as below:

CGFEF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.53 Med: 1.06 Max: 1.52
Current: 1.34

During the past 13 years, the highest Debt-to-Equity Ratio of CF Energy was 1.52. The lowest was 0.53. And the median was 1.06.

CGFEF's Debt-to-Equity is ranked worse than
67.09% of 474 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs CGFEF: 1.34

CF Energy Debt-to-Equity Historical Data

The historical data trend for CF Energy'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.

CF Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.53

0.74

0.91

1.31

1.23

CF Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															1.24	1.23	1.25	1.25	1.34

Competitive Comparison

For the Utilities - Regulated Gas subindustry, CF Energy'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.

CF Energy Debt-to-Equity Distribution

For the Utilities - Regulated industry and Utilities sector, CF Energy's Debt-to-Equity distribution charts can be found below:

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

CF Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CF Energy'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
	=	(13.008	+	55.251)	/	55.359
	=	1.23

CF Energy's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(19.369	+	56.617)	/	56.764
	=	1.34

CF Energy (OTCPK:CGFEF) 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.

CF Energy Debt-to-Equity Related Terms

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

CF Energy (CF Energy) Business Description

Industry

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CFY:Canada

Address

3100 Steeles Avenue East, Suite 3008, Markham, ON, CAN, L3R 8T3

Website

http://www.cfenergy.com

CF Energy Corp is an investment holding company engaged in the distribution of natural gas and sustainable energy utilization for industrial, commercial, and residential users as well as electric vehicle battery swap service in the PRC. It has three operating segments; the Gas distribution utility segment which includes gas sales, pipeline installation, and connection, CNG vehicles refuel and provide gas pipeline installation and connection services and deliver natural gas to residential, commercial, and industrial customers, The Integrated smart energy segment uses multiple clean energy sources, including solar, hydro, electricity, and natural gas to supply cooling, heating, as well as hot water, and The smart mobility segment operates an electric vehicle battery swap business.