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Energem (Energem) Debt-to-Equity : 0.17 (As of Sep. 2023)


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What is Energem Debt-to-Equity?

Energem's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.30 Mil. Energem's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Energem's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $7.58 Mil. Energem's debt to equity for the quarter that ended in Sep. 2023 was 0.17.

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

ENCP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 3.08
Current: 0.17

During the past 2 years, the highest Debt-to-Equity Ratio of Energem was 3.08. The lowest was 0.00. And the median was 0.02.

ENCP's Debt-to-Equity is ranked worse than
62.3% of 305 companies
in the Diversified Financial Services industry
Industry Median: 0.12 vs ENCP: 0.17

Energem Debt-to-Equity Historical Data

The historical data trend for Energem'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.

Energem Debt-to-Equity Chart

Energem Annual Data
Trend Dec21 Dec22
Debt-to-Equity
- 0.02

Energem Quarterly Data
Aug21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only - 0.02 0.05 0.07 0.17

Competitive Comparison of Energem's Debt-to-Equity

For the Shell Companies subindustry, Energem'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.

Energem's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Energem's Debt-to-Equity distribution charts can be found below:

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


Energem Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Energem's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
=(0.259 + 0) / 14.787
=0.02

Energem's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(1.3 + 0) / 7.581
=0.17

* 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.

Energem  (NAS:ENCP) 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.

Energem Debt-to-Equity Related Terms

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

Energem (Energem) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Energem Corp (NAS:ENCP) » Definitions » Debt-to-Equity
Comparable Companies
VSAC QOMO CLRC DMAQ PLTN KACL DHAC PCCT MTRY PEPL PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
Jalan Kerinchi, Bangsar South, Level 3, Tower 11 (Sanichi), Avenue 5, No. 8, Wilayah Persekutuan, Kuala Lumpur, MYS, 59200
Website
Energem Corp is a blank check company.
Executives
Wolverine Asset Management Llc 10 percent owner 175 WEST JACKSON, SUITE 340, CHICAGO IL 60604
Swee Guan Hoo director, officer: Chief Executive Officer NO. 21 JALAN ELEKTRON U16/62, SEKSYEN U16 DENAI ALAM, SHAH ALAM, SELANGOR N8 40160
Li Sin Tan director NO. 16JALAN INDAH 14/12TAMAN BUKIT INDAH, NUSAJAYA, JOHOR N8 79100
Cu Seng Kiu officer: Chief Financial Officer LOT 3313 TAMAN SINARAN, JALAN ISMAIL PET RA, TANAH MERAH, KELANTAN N8 17500
Energem Llc 10 percent owner LEVEL 10, TOWER 11, AVENUE 5, NO. 8, JALAN KERINCHI, BANGSAR SOUTH, WILAYAHPERSEKUTUANKUALA LUMPUR N8 59200
Doris Wong Sing Ee director LEVEL 10, TOWER 11, AVENUE 5, NO. 8, JALAN KERINCHI, BANGSAR SOUTH, WILAYAHPERSEKUTUANKUALA LUMPUR N8 59200
Kok Seong Wong director 10 LORONG UNIVERSITI B, SECTION 16, PETALING JAYA, SELANGOR N8 46200
Kwang Fock Chong director 42, JALAN BPM9,TAMAN BUKIT PIATU MUTIARA, BUKIT BARU, MELEKA N8 75150