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CHFFY (China Everbright Environment Group) Debt-to-Equity : 1.69 (As of Jun. 2024)


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What is China Everbright Environment Group Debt-to-Equity?

China Everbright Environment Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $2,330 Mil. China Everbright Environment Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $9,728 Mil. China Everbright Environment Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $7,134 Mil. China Everbright Environment Group's debt to equity for the quarter that ended in Jun. 2024 was 1.69.

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 Everbright Environment Group's Debt-to-Equity or its related term are showing as below:

CHFFY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56   Med: 1.45   Max: 1.91
Current: 1.69

During the past 13 years, the highest Debt-to-Equity Ratio of China Everbright Environment Group was 1.91. The lowest was 0.56. And the median was 1.45.

CHFFY's Debt-to-Equity is ranked worse than
89.29% of 224 companies
in the Waste Management industry
Industry Median: 0.625 vs CHFFY: 1.69

China Everbright Environment Group Debt-to-Equity Historical Data

The historical data trend for China Everbright Environment Group'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 Everbright Environment Group Debt-to-Equity Chart

China Everbright Environment Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 1.66 1.91 1.86 1.76

China Everbright Environment Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.85 1.86 1.73 1.76 1.69

Competitive Comparison of China Everbright Environment Group's Debt-to-Equity

For the Waste Management subindustry, China Everbright Environment Group'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 Everbright Environment Group's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, China Everbright Environment Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Everbright Environment Group's Debt-to-Equity falls into.



China Everbright Environment Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Everbright Environment Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

China Everbright Environment Group's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

* 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.


China Everbright Environment Group  (OTCPK:CHFFY) 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 Everbright Environment Group Debt-to-Equity Related Terms

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


China Everbright Environment Group Business Description

Traded in Other Exchanges
Address
16 Harcourt Road, Room 2703, 27th Floor, Far East Finance Centre, Hong Kong, HKG
China Everbright Environment Group Ltd engages in construction and operation of environmental energy and water projects such as waste-to-energy plants, food and kitchen waste treatment projects, and sludge treatment and disposal projects. It also provides waste sorting, renewable resources utilization, and sanitation operation services. The company has several segments including Environmental energy project construction and operation, Greentech project construction and operation, Environmental water project construction and operation, and Others. Additionally, it also sells energy-saving streetlights.

China Everbright Environment Group Headlines

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