Champion Technology Holdings (HKSE:00092) Debt-to-Equity : 0.51 (As of Dec. 2023)

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What is Champion Technology Holdings Debt-to-Equity?

Champion Technology Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$59.2 Mil. Champion Technology Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.0 Mil. Champion Technology Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$116.3 Mil. Champion Technology Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.51.

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

HKSE:00092' s Debt-to-Equity Range Over the Past 10 Years
Min: -32.92 Med: 0.03 Max: 14.9
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of Champion Technology Holdings was 14.90. The lowest was -32.92. And the median was 0.03.

HKSE:00092's Debt-to-Equity is ranked worse than
53.89% of 835 companies
in the Oil & Gas industry
Industry Median: 0.45 vs HKSE:00092: 0.51

Champion Technology Holdings Debt-to-Equity Historical Data

The historical data trend for Champion Technology 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.

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Champion Technology Holdings Debt-to-Equity Chart

Champion Technology Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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4.56

14.90

-32.92

0.01

Champion Technology Holdings 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															0.01	0.01	0.01	0.01	0.51

Competitive Comparison of Champion Technology Holdings's Debt-to-Equity

For the Oil & Gas Midstream subindustry, Champion Technology 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.

Champion Technology Holdings's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Champion Technology Holdings's Debt-to-Equity distribution charts can be found below:

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

Champion Technology Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Champion Technology Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.84	+	0)	/	111.252
	=	0.01

Champion Technology 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
	=	(59.199	+	0)	/	116.275
	=	0.51

Champion Technology Holdings (HKSE:00092) 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.

Champion Technology Holdings Debt-to-Equity Related Terms

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

Champion Technology Holdings (HKSE:00092) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Champion Technology Holdings Ltd (HKSE:00092) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

188 Connaught Road West, Units 4214-15, 42nd Floor, Hong Kong Plaza, Hong Kong, HKG

Website

http://www.champion.hk

Champion Technology Holdings Ltd is engaged in the business of systems sales and licensing. It operates in several segments which include Sales of cultural products, Technology: Smart City Solution Business, Technology Renewable energy, Trading of gasoil and related business, and Strategic investments. It generates maximum revenue from the Technology Renewable energy segment, which includes income from design and sales of renewable energy products and solutions.

Champion Technology Holdings (HKSE:00092) Headlines

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