China Oriental Group Co (China Oriental Group Co) Debt-to-Equity : 0.70 (As of Dec. 2023)

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What is China Oriental Group Co Debt-to-Equity?

China Oriental Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,835 Mil. China Oriental Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $337 Mil. China Oriental Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,119 Mil. China Oriental Group Co's debt to equity for the quarter that ended in Dec. 2023 was 0.70.

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

CUGCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.55 Max: 0.88
Current: 0.7

During the past 13 years, the highest Debt-to-Equity Ratio of China Oriental Group Co was 0.88. The lowest was 0.16. And the median was 0.55.

CUGCF's Debt-to-Equity is ranked worse than
67.86% of 557 companies
in the Steel industry
Industry Median: 0.42 vs CUGCF: 0.70

China Oriental Group Co Debt-to-Equity Historical Data

The historical data trend for China Oriental Group 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 Oriental Group Co Debt-to-Equity Chart

China Oriental Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.31

0.55

0.62

0.60

0.70

China Oriental Group Co 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															0.62	0.74	0.60	0.64	0.70

Competitive Comparison of China Oriental Group Co's Debt-to-Equity

For the Steel subindustry, China Oriental Group 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 Oriental Group Co's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, China Oriental Group Co's Debt-to-Equity distribution charts can be found below:

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

China Oriental Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Oriental Group 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
	=	(1834.61	+	336.865)	/	3118.789
	=	0.70

China Oriental Group Co'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
	=	(1834.61	+	336.865)	/	3118.789
	=	0.70

China Oriental Group Co (OTCPK:CUGCF) 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 Oriental Group Co Debt-to-Equity Related Terms

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

China Oriental Group Co (China Oriental Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » China Oriental Group Co Ltd (OTCPK:CUGCF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

00581:Hong Kong ORG:Germany

Address

23 Harbour Road, Suites 901-2 and 10, 9th Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG

Website

http://www.chinaorientalgroup.com

China Oriental Group Co Ltd is an iron and steel producer. The company is organized into two main operating segments: Iron and Steel and Real Estate. The Iron and Steel segment is comprised of the manufacturing and sale of iron and steel products and trading of steel products and iron ore and under its Real Estate segment it develops and sells properties. China Oriental produces downstream products including H-section steel, Cold rolled sheets, Galvanized sheets, Strips and strip products, Billets, Rebar, and Steel pile sheets. The company generates the majority of its revenue from the Iron and Steel segment. The firm's major customers are based in Northern China.

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