CCOZY (China Coal Energy Co) Debt-to-Equity : 0.44 (As of Sep. 2024)

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What is China Coal Energy Co Debt-to-Equity?

China Coal Energy Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1,975 Mil. China Coal Energy Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $7,207 Mil. China Coal Energy Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $21,127 Mil. China Coal Energy Co's debt to equity for the quarter that ended in Sep. 2024 was 0.43.

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

CCOZY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44 Med: 1.02 Max: 1.35
Current: 0.44

During the past 13 years, the highest Debt-to-Equity Ratio of China Coal Energy Co was 1.35. The lowest was 0.44. And the median was 1.02.

CCOZY's Debt-to-Equity is ranked worse than
65.12% of 129 companies
in the Other Energy Sources industry
Industry Median: 0.22 vs CCOZY: 0.44

China Coal Energy Co Debt-to-Equity Historical Data

The historical data trend for China Coal Energy Co'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.

China Coal Energy Co Debt-to-Equity Chart

China Coal Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.97

0.94

0.85

0.64

0.51

China Coal Energy Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.52	0.51	0.48	0.47	0.44

Competitive Comparison of China Coal Energy Co's Debt-to-Equity

For the Thermal Coal subindustry, China Coal Energy Co'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.

China Coal Energy Co's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Coal Energy Co's Debt-to-Equity distribution charts can be found below:

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

China Coal Energy Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Coal Energy Co'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
	=	(3062.365	+	7153.632)	/	20184.451
	=	0.51

China Coal Energy Co's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(1975.091	+	7206.726)	/	21127.088
	=	0.43

China Coal Energy Co (OTCPK:CCOZY) 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.

China Coal Energy Co Debt-to-Equity Related Terms

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

China Coal Energy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » China Coal Energy Co Ltd (OTCPK:CCOZY) » Definitions » Debt-to-Equity

Traded in Other Exchanges

CCOZF:USA 01898:Hong Kong CVV:Germany 601898:China

Address

No. 1 Huangsidajie, Chaoyang District, Beijing, CHN, 100120

Website

https://www.chinacoalenergy.com

China Coal Energy Co Ltd is a joint-stock company. The company is a large-scale energy enterprise integrating coal production and trade, coal chemical industry, power generation, and coal mining equipment manufacturing. Its segment includes Coal; Coalchemical products; Mining machinery; and Finance and Others. The company generates maximum revenue from the Coal segment.

China Coal Energy Co Headlines

From GuruFocus

China Coal Energy Co Stock Is Estimated To Be Modestly Overvalued

By GF Value GF Value • 05-06-2021