China Water Industry Group (FRA:HAU2) Debt-to-Equity : 0.87 (As of Dec. 2023)

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What is China Water Industry Group Debt-to-Equity?

China Water Industry Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €51.73 Mil. China Water Industry Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €63.60 Mil. China Water Industry Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €132.61 Mil. China Water Industry Group's debt to equity for the quarter that ended in Dec. 2023 was 0.87.

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

FRA:HAU2' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.59 Max: 0.9
Current: 0.87

During the past 13 years, the highest Debt-to-Equity Ratio of China Water Industry Group was 0.90. The lowest was 0.28. And the median was 0.59.

FRA:HAU2's Debt-to-Equity is ranked worse than
50.21% of 484 companies
in the Utilities - Regulated industry
Industry Median: 0.86 vs FRA:HAU2: 0.87

China Water Industry Group Debt-to-Equity Historical Data

The historical data trend for China Water Industry 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 Water Industry Group Debt-to-Equity Chart

China Water Industry Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.90

0.82

0.62

0.55

0.87

China Water Industry Group 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	0.60	0.55	0.61	0.87

Competitive Comparison of China Water Industry Group's Debt-to-Equity

For the Utilities - Regulated Water subindustry, China Water Industry 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 Water Industry Group's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Water Industry Group's Debt-to-Equity distribution charts can be found below:

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

China Water Industry Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Water Industry Group'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
	=	(51.734	+	63.596)	/	132.609
	=	0.87

China Water Industry Group'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
	=	(51.734	+	63.596)	/	132.609
	=	0.87

China Water Industry Group (FRA:HAU2) 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 Water Industry Group Debt-to-Equity Related Terms

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

China Water Industry Group (FRA:HAU2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Water Industry Group Ltd (FRA:HAU2) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

01129:Hong Kong

Address

Dashi First Road, Xili Community, Xili Street, Room 2204, 22nd Floor, Block A, Building 6, Shenzhen International Innovation Valley, Nanshan District, Shenzhen, CHN

Website

https://www.chinawaterind.com

China Water Industry Group Ltd is an investment holding company engaged in the water supplying and energy related business. The company operates in three business segments. Provision of water supply, sewage treatment, and construction services segment, which derives revenue from provision of water supply and sewage treatment operations and related construction services; Exploitation and sale of renewable energy segment, which derives revenues from the sale of electricity and compressed natural gas from biogas power plants; and Property investment and development segment that derives revenues from the sale of commercial and residential units.

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