CRHHF (Cross-Harbour (Holdings)) Debt-to-Equity : 0.04 (As of Jun. 2024)

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What is Cross-Harbour (Holdings) Debt-to-Equity?

Cross-Harbour (Holdings)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $10.4 Mil. Cross-Harbour (Holdings)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $29.4 Mil. Cross-Harbour (Holdings)'s Total Stockholders Equity for the quarter that ended in Jun. 2024 was $939.8 Mil. Cross-Harbour (Holdings)'s debt to equity for the quarter that ended in Jun. 2024 was 0.04.

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 Cross-Harbour (Holdings)'s Debt-to-Equity or its related term are showing as below:

CRHHF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.07
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Cross-Harbour (Holdings) was 0.07. The lowest was 0.00. And the median was 0.04.

CRHHF's Debt-to-Equity is ranked better than
86.84% of 228 companies
in the Education industry
Industry Median: 0.31 vs CRHHF: 0.04

Cross-Harbour (Holdings) Debt-to-Equity Historical Data

The historical data trend for Cross-Harbour (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.

Cross-Harbour (Holdings) Debt-to-Equity Chart

Cross-Harbour (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.01

0.05

Cross-Harbour (Holdings) Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.01	-	0.04	0.05	0.04

Competitive Comparison of Cross-Harbour (Holdings)'s Debt-to-Equity

For the Education & Training Services subindustry, Cross-Harbour (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.

Cross-Harbour (Holdings)'s Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Cross-Harbour (Holdings)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cross-Harbour (Holdings)'s Debt-to-Equity falls into.

Cross-Harbour (Holdings) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cross-Harbour (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
	=	(10.094	+	34.575)	/	923.863
	=	0.05

Cross-Harbour (Holdings)'s Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(10.364	+	29.377)	/	939.764
	=	0.04

Cross-Harbour (Holdings) (GREY:CRHHF) 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.

Cross-Harbour (Holdings) Debt-to-Equity Related Terms

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

Cross-Harbour (Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Cross-Harbour (Holdings) Ltd (GREY:CRHHF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

00032:Hong Kong

Address

26 Harbour Road, China Resources Building, 25th Floor, Wanchai, Hong Kong, HKG

Website

https://www.crossharbour.com.hk

Cross-Harbour (Holdings) Ltd is a Hong Kong-based company that operates instructional driving schools. The principal activity of the firm is an investment holding with an emphasis on transport infrastructures tunnel operation, the operation of driver training centers, and the operation of electronic toll collection systems. The company's Hong Kong School of Motoring is one of the instructional driving programs in Hong Kong. The School of Motoring provides training for both new and advanced drivers as well as training for commercial operators and public organizations. Fees from its driving school operations represent the majority of the company's revenue.

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