Smart Powerr (Smart Powerr) Debt-to-Equity

: 0.15 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

Smart Powerr's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16.09 Mil. Smart Powerr's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Smart Powerr's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $109.25 Mil. Smart Powerr's debt to equity for the quarter that ended in Dec. 2023 was 0.15.

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 Smart Powerr's Debt-to-Equity or its related term are showing as below:

CREG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.3 Max: 0.69
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Smart Powerr was 0.69. The lowest was 0.15. And the median was 0.30.

CREG's Debt-to-Equity is ranked better than
86.27% of 386 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.84 vs CREG: 0.15

Smart Powerr Debt-to-Equity Historical Data

The historical data trend for Smart Powerr'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.

Smart Powerr Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.29

0.27

0.15

Smart Powerr Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.15	0.15	0.15	0.15	0.15

Competitive Comparison

For the Utilities - Renewable subindustry, Smart Powerr'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.

Smart Powerr Debt-to-Equity Distribution

For the Utilities - Independent Power Producers industry and Utilities sector, Smart Powerr's Debt-to-Equity distribution charts can be found below:

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

Smart Powerr Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Smart Powerr'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
	=	(16.094	+	0)	/	109.246
	=	0.15

Smart Powerr'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
	=	(16.094	+	0)	/	109.246
	=	0.15

Smart Powerr (NAS:CREG) 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.

Smart Powerr Debt-to-Equity Related Terms

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

Smart Powerr (Smart Powerr) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Smart Powerr Corp (NAS:CREG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CR9:Germany

Address

Rong Cheng Yun Gu Building Keji 3rd Road, 4th Floor, Tower C, Yanta District, Shaan Xi Province, Xi’an, CHN, 710075

Website

http://www.creg-cn.com

Smart Powerr Corp, is a developer of waste energy recycling. The company design, finance, construct, operate, and transfer energy saving and recovery facilities for multiple energy-intensive industries. Its waste heat-to-energy solution consists of heat power generation projects for applications in cement, steel, coking coal, and nonferrous metal industries, which collect the residual heat from various manufacturing processes, such as the entrance and exit ends of the cement rotary kilns, to generate electricity. The company's waste gas-to-energy solution consists of a WGPG system that utilizes flammable waste gas from coal mining, petroleum exploitation, refinery processing, or other sources as a fuel source to generate electricity.

Executives

Zhongli Liu	director	4F, TOWER C RONG CHENG YUN GU BUILDING, KEJI 3RD RD, YANTA DISTRICT, XI-AN CITY, SHAAN XI PROXINCE F4 710075
Guohua Ku	director, 10 percent owner, officer: President/Chairman/CTO	SHAANXI BLOWER GROUP, DAI WANG BAN, LINTONG DISTRICT, XI'AN, SHAANXI PROVINCE F4 710600
Xiaoping Guo	director	12/F,TOWER A,CHANG AN INTERNATIONAL BLDG, NO. 88 NAN GUAN ZHENG JI, XI AN CITY F4 0000000
Binfeng Gu	officer: Chief Financial Officer	12/F,TOWER A,CHAN AN INTERNATIONAL BLDG, NO. 88 NAN GUAN ZHENG JIE, XI AN CITY, SHAAN XI PROVINCE F4 0000000000
Lulu Sun	director	12/F,TOWER A,CHANG AN INTERNATIONAL BLDG, NO. 88 NAN GUAN ZHENG JI, XI AN CITY F4 0000000
Yongjiang Shi	officer: CFO & Secretary & VP-Finance	12F TOWER A CHANG AN INTL BLDG, NO 88 NAN GUAN ZHENG XIE, XI AN CITY SHAN XI PROVINCE F4 710068
Cangsang Huang	director	6 YOUYI DONG LU,, HAN YUAN 4 LOU, XI'AN, SHAANXI PROVINCE F4 710054
Xiaoshan He	officer: Vice President	12F TOWER A CHANG AN INTL BLDG, NO 88 NAN GUAN ZHENG XIE, XI AN CITY SHAN XI PROVINCE F4 710068
Bohan Zhang	officer: Vice President-Accounting	12F TOWER A CHANG AN INTL BLDG, NO 88 NAN GUAN ZHENG XIE, XI AN CITY SHAN XI PROVINCE F4 710068
Geyun Wang	director	12/F,TOWER A,CHANG AN INTERNATIONAL BLDG, NO. 88 NAN GUAN ZHENG JI, XI AN CITY F4 0000000
Carlyle Group Inc.	10 percent owner	C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Carlyle Group Management L.l.c.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Tc Group Cayman Investment Holdings Sub L.p.	10 percent owner	C/O WALKER CORPORATE SERVICES LIMITED, 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9001
Carlyle Holdings Ii L.l.c.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings Ii Gp L.l.c.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505