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CVO Petrochemical Refinery (DHA:CVOPRL) Debt-to-Equity : 0.98 (As of Sep. 2024)


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What is CVO Petrochemical Refinery Debt-to-Equity?

CVO Petrochemical Refinery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was BDT302.3 Mil. CVO Petrochemical Refinery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was BDT1.6 Mil. CVO Petrochemical Refinery's Total Stockholders Equity for the quarter that ended in Sep. 2024 was BDT311.7 Mil. CVO Petrochemical Refinery's debt to equity for the quarter that ended in Sep. 2024 was 0.97.

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 CVO Petrochemical Refinery's Debt-to-Equity or its related term are showing as below:

DHA:CVOPRL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29   Med: 0.76   Max: 2.21
Current: 0.98

During the past 12 years, the highest Debt-to-Equity Ratio of CVO Petrochemical Refinery was 2.21. The lowest was 0.29. And the median was 0.76.

DHA:CVOPRL's Debt-to-Equity is ranked worse than
73.06% of 824 companies
in the Oil & Gas industry
Industry Median: 0.47 vs DHA:CVOPRL: 0.98

CVO Petrochemical Refinery Debt-to-Equity Historical Data

The historical data trend for CVO Petrochemical Refinery'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.

CVO Petrochemical Refinery Debt-to-Equity Chart

CVO Petrochemical Refinery Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.77 1.63 1.60 1.11

CVO Petrochemical Refinery 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 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 1.05 1.32 1.15 1.11 0.98

Competitive Comparison of CVO Petrochemical Refinery's Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, CVO Petrochemical Refinery'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.


CVO Petrochemical Refinery's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CVO Petrochemical Refinery's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CVO Petrochemical Refinery's Debt-to-Equity falls into.



CVO Petrochemical Refinery Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CVO Petrochemical Refinery's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

CVO Petrochemical Refinery's Debt to Equity Ratio for the quarter that ended in Sep. 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.


CVO Petrochemical Refinery  (DHA:CVOPRL) 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.


CVO Petrochemical Refinery Debt-to-Equity Related Terms

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CVO Petrochemical Refinery Business Description

Traded in Other Exchanges
N/A
Address
37, Katalgonj, Panchlaish, Chattogram, BGD, 4203
CVO Petrochemical Refinery PLC is a petrochemical company. It is engaged in the production and sale of Hydrocarbon Solvent with the use of new raw material Naphtha and also supplies fuels like Motor Spirit (MS), Mineral Turpentine (MTT), HSD (High-Speed Diesel) which it produces from Natural Gas Condensate.

CVO Petrochemical Refinery Headlines

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