CPM Group (HKSE:01932) Debt-to-Equity : 0.50 (As of Dec. 2023)

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What is CPM Group Debt-to-Equity?

CPM Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$123.4 Mil. CPM Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$99.6 Mil. CPM Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$444.5 Mil. CPM Group's debt to equity for the quarter that ended in Dec. 2023 was 0.50.

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

HKSE:01932' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.38 Max: 0.5
Current: 0.5

During the past 10 years, the highest Debt-to-Equity Ratio of CPM Group was 0.50. The lowest was 0.14. And the median was 0.38.

HKSE:01932's Debt-to-Equity is ranked worse than
61.64% of 1392 companies
in the Chemicals industry
Industry Median: 0.35 vs HKSE:01932: 0.50

CPM Group Debt-to-Equity Historical Data

The historical data trend for CPM 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.

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CPM Group Debt-to-Equity Chart

CPM Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.41

0.38

0.42

0.48

0.50

CPM Group 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													0.42	0.53	0.48	0.46	0.50

Competitive Comparison of CPM Group's Debt-to-Equity

For the Specialty Chemicals subindustry, CPM 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.

CPM Group's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, CPM Group's Debt-to-Equity distribution charts can be found below:

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

CPM Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CPM 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
	=	(123.391	+	99.6)	/	444.465
	=	0.50

CPM 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
	=	(123.391	+	99.6)	/	444.465
	=	0.50

CPM Group (HKSE:01932) 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.

CPM Group Debt-to-Equity Related Terms

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

CPM Group (HKSE:01932) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » CPM Group Ltd (HKSE:01932) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

338 Hennessy Road, 31st Floor, CNT Tower, Wanchai, Hong Kong, HKG

Website

http://www.cpmgroup.com.hk

CPM Group Ltd is an investment holding company mainly engaged in the manufacture and sale of paint and coating products. The company has two reportable operating segments: the Paint Products segment which engages in the manufacture and sale of paint and coating products; and the Property Investment segment invests in industrial properties for their rental income potential. The company's principal products include industrial paint and coating products, architectural paint and coating products, general paint and coating, and ancillary products. It mainly distributes its products in the Mainland of China and Hong Kong markets. The group derives the majority of its revenue from Mainland China.

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