ELL Environmental Holdings (HKSE:01395) Debt-to-Equity : 0.29 (As of Dec. 2023)

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What is ELL Environmental Holdings Debt-to-Equity?

ELL Environmental Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$64.5 Mil. ELL Environmental Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$18.3 Mil. ELL Environmental Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$284.4 Mil. ELL Environmental Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.29.

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

HKSE:01395' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.08 Max: 0.29
Current: 0.29

During the past 11 years, the highest Debt-to-Equity Ratio of ELL Environmental Holdings was 0.29. The lowest was 0.05. And the median was 0.08.

HKSE:01395's Debt-to-Equity is ranked better than
71.36% of 220 companies
in the Waste Management industry
Industry Median: 0.745 vs HKSE:01395: 0.29

ELL Environmental Holdings Debt-to-Equity Historical Data

The historical data trend for ELL Environmental 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.

ELL Environmental Holdings Debt-to-Equity Chart

ELL Environmental Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.08

0.07

0.10

0.21

0.29

ELL Environmental 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															0.10	0.13	0.21	0.28	0.29

Competitive Comparison of ELL Environmental Holdings's Debt-to-Equity

For the Waste Management subindustry, ELL Environmental 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.

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

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

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

ELL Environmental Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ELL Environmental 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
	=	(64.518	+	18.29)	/	284.383
	=	0.29

ELL Environmental 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
	=	(64.518	+	18.29)	/	284.383
	=	0.29

ELL Environmental Holdings (HKSE:01395) 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.

ELL Environmental Holdings Debt-to-Equity Related Terms

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

ELL Environmental Holdings (HKSE:01395) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » ELL Environmental Holdings Ltd (HKSE:01395) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

North of Huimin Road, Rugao Hengfa Municipal and Industrial Wastewater Treatment Facility, Rugao Economic and Technological Development Zone, Jiangsu, Nantong, CHN

Website

https://www.ellhk.com

ELL Environmental Holdings Ltd is an investment holding company principally engaged in the construction and operation of wastewater treatment facilities and biomass power generation businesses. Its businesses are mainly operated under the build-operate-transfer (BOT) model, including the design of wastewater treatment facilities, through procurement of suitable equipment and materials, the supervision of the construction as well as the ongoing operation and maintenance of the facilities throughout the long term. Its business mainly covers the treatment of municipal, industrial, and heavy metal wastewater. The wastewater treatment facilities constitute revenue for the company. Its geographical segments are Hong Kong, Indonesia, and China.

Executives

Everbest Environmental Investment Limited	2101 Beneficial owner
Wealthy Sea Holdings Limited	2106 Person having a security interest in shares
Chan Chun Keung	2202 Interest of your spouse
Wong Shu Ying	2201 Interest of corporation controlled by you
Chan Kwan	2201 Interest of corporation controlled by you
Chau On Ta Yuen	2106 Person having a security interest in shares
Wong Mei Ling	2202 Interest of your spouse

ELL Environmental Holdings (HKSE:01395) Headlines

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