CT Vision SL (International) Holdings (HKSE:00994) Debt-to-Equity : 0.06 (As of Dec. 2023)

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What is CT Vision SL (International) Holdings Debt-to-Equity?

CT Vision SL (International) Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3.8 Mil. CT Vision SL (International) Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3.2 Mil. CT Vision SL (International) Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$111.5 Mil. CT Vision SL (International) Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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 CT Vision SL (International) Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:00994' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.29 Max: 0.44
Current: 0.06

During the past 10 years, the highest Debt-to-Equity Ratio of CT Vision SL (International) Holdings was 0.44. The lowest was 0.06. And the median was 0.29.

HKSE:00994's Debt-to-Equity is ranked better than
87.8% of 1525 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:00994: 0.06

CT Vision SL (International) Holdings Debt-to-Equity Historical Data

The historical data trend for CT Vision SL (International) 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.

CT Vision SL (International) Holdings Debt-to-Equity Chart

CT Vision SL (International) Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.44

0.27

0.08

0.09

0.06

CT Vision SL (International) Holdings Semi-Annual Data
	Dec14	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													0.08	0.15	0.09	0.11	0.06

Competitive Comparison of CT Vision SL (International) Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, CT Vision SL (International) 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.

CT Vision SL (International) Holdings's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, CT Vision SL (International) Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CT Vision SL (International) Holdings's Debt-to-Equity falls into.

CT Vision SL (International) Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CT Vision SL (International) 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
	=	(3.83	+	3.156)	/	111.514
	=	0.06

CT Vision SL (International) 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
	=	(3.83	+	3.156)	/	111.514
	=	0.06

CT Vision SL (International) Holdings (HKSE:00994) 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.

CT Vision SL (International) Holdings Debt-to-Equity Related Terms

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CT Vision SL (International) Holdings (HKSE:00994) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CT Vision SL (International) Holdings Ltd (HKSE:00994) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Harbour Road, Room No. 808-814, 8th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG

Website

http://www.ctvision994.com

CT Vision SL (International) Holdings Ltd is an investment holding company. It is principally engaged in foundation works and ancillary services, general building works, and sales of piles. The company has three operating segments including the Building construction business, Renewable energy business, Renewable energy business and others. Geographically, it derives majority revenue from PRC and also has a presence in Saipan and Hong Kong.

Executives

Condover Assets Limited	2101 Beneficial owner
Daswani Sheba Kishinchand	2202 Interest of your spouse
Kan Hou Sek Jim	2201 Interest of corporation controlled by you
Lee Sai Man	2201 Interest of corporation controlled by you
Poon Man Yee	2202 Interest of your spouse
Ho Lai Kuen	2202 Interest of your spouse
Wong Siu Kwai	2201 Interest of corporation controlled by you
Daswani Sheba Kishinchand	2202 Interest of your spouse
Bc Financial Group Limited	2201 Interest of corporation controlled by you
Forwin Credit Limited	2106 Person having a security interest in shares
Forwin Holding Limited	2201 Interest of corporation controlled by you
Bian Ce	2201 Interest of corporation controlled by you
Guo Min	2201 Interest of corporation controlled by you
Ct Vision Investment Limited	2101 Beneficial owner
Lin Zhiling	2201 Interest of corporation controlled by you

CT Vision SL (International) Holdings (HKSE:00994) Headlines

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