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ESGL Holdings (ESGL Holdings) Debt-to-Equity : 0.99 (As of Dec. 2023)


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What is ESGL Holdings Debt-to-Equity?

ESGL Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.86 Mil. ESGL Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.09 Mil. ESGL Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $8.02 Mil. ESGL Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.99.

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

ESGL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.61   Med: 1.27   Max: 1.58
Current: 0.99

During the past 5 years, the highest Debt-to-Equity Ratio of ESGL Holdings was 1.58. The lowest was 0.61. And the median was 1.27.

ESGL's Debt-to-Equity is ranked worse than
65.91% of 220 companies
in the Waste Management industry
Industry Median: 0.72 vs ESGL: 0.99

ESGL Holdings Debt-to-Equity Historical Data

The historical data trend for ESGL Holdings'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.

ESGL Holdings Debt-to-Equity Chart

ESGL Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
1.27 1.58 1.45 0.61 0.99

ESGL Holdings Quarterly Data
Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial N/A 1.10 0.61 0.65 0.99

Competitive Comparison of ESGL Holdings's Debt-to-Equity

For the Waste Management subindustry, ESGL Holdings'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.

ESGL Holdings's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, ESGL Holdings's Debt-to-Equity distribution charts can be found below:

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


ESGL Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ESGL Holdings'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
=(5.858 + 2.087) / 8.021
=0.99

ESGL Holdings'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
=(5.858 + 2.087) / 8.021
=0.99

* 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.

ESGL Holdings  (NAS:ESGL) 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.

ESGL Holdings Debt-to-Equity Related Terms

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

ESGL Holdings (ESGL Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » ESGL Holdings Ltd (NAS:ESGL) » Definitions » Debt-to-Equity
Comparable Companies
AWX GWAV SENR OCLN JAN DGWR SNRG WM RSG WCN XPAR:VIE GFL CLH XMAD:FCC CWST SHSE:603568 SZSE:002340 SRCL ASX:CWY SZSE:300070
Traded in Other Exchanges
N/A
Address
101, Tuas South Avenue 2, Singapore, SGP, 637226
Website
https://www.esgroupholdings.com
ESGL Holdings Ltd Formerly Environmental Solutions Group Holdings Ltd is a waste management, treatment and recycling company involved in the collection and recycling of hazardous and non-hazardous industrial waste from customers such as pharmaceutical, semiconductor, petrochemical and electroplating companies.