CM Hi-Tech Cleanroom (HKSE:02115) Debt-to-Equity : 0.21 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is CM Hi-Tech Cleanroom Debt-to-Equity?

CM Hi-Tech Cleanroom's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$68.7 Mil. CM Hi-Tech Cleanroom's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3.7 Mil. CM Hi-Tech Cleanroom's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$351.5 Mil. CM Hi-Tech Cleanroom's debt to equity for the quarter that ended in Dec. 2023 was 0.21.

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 CM Hi-Tech Cleanroom's Debt-to-Equity or its related term are showing as below:

HKSE:02115' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.19 Max: 0.29
Current: 0.21

During the past 7 years, the highest Debt-to-Equity Ratio of CM Hi-Tech Cleanroom was 0.29. The lowest was 0.07. And the median was 0.19.

HKSE:02115's Debt-to-Equity is ranked better than
67.61% of 1525 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:02115: 0.21

CM Hi-Tech Cleanroom Debt-to-Equity Historical Data

The historical data trend for CM Hi-Tech Cleanroom'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.

CM Hi-Tech Cleanroom Debt-to-Equity Chart

CM Hi-Tech Cleanroom Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.13

0.29

0.22

0.21

CM Hi-Tech Cleanroom Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						0.29	0.28	0.22	0.19	0.21

Competitive Comparison of CM Hi-Tech Cleanroom's Debt-to-Equity

For the Building Products & Equipment subindustry, CM Hi-Tech Cleanroom'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.

CM Hi-Tech Cleanroom's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, CM Hi-Tech Cleanroom's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CM Hi-Tech Cleanroom's Debt-to-Equity falls into.

CM Hi-Tech Cleanroom Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CM Hi-Tech Cleanroom'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
	=	(68.721	+	3.662)	/	351.512
	=	0.21

CM Hi-Tech Cleanroom'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
	=	(68.721	+	3.662)	/	351.512
	=	0.21

CM Hi-Tech Cleanroom (HKSE:02115) 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.

CM Hi-Tech Cleanroom Debt-to-Equity Related Terms

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

CM Hi-Tech Cleanroom (HKSE:02115) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CM Hi-Tech Cleanroom Ltd (HKSE:02115) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot P.T. 14274, Jalan SU8, Persiaran Tengku Ampuan, Shah Alam, SGR, MYS, 40400

Website

https://www.channelmicron.com

CM Hi-Tech Cleanroom Ltd Formerly Channel Micron Holdings Co Ltd is a cleanroom wall and ceiling systems and cleanroom equipment provider. The company provides a range of cleanroom products and services, including the development, production and installation of cleanroom wall and ceiling systems, and cleanroom equipment such as fan filter units (which filter and regulate airflow in a cleanroom), air showers, pass boxes and HEPA filters. Its segments include Cleanroom wall and ceiling systems, which is the key revenue-generating segment; Cleanroom equipment; and others. It has a business presence in the PRC, Malaysia, the Philippines, Singapore and others. A majority of revenue is derived from the PRC.

Executives

Ng Yew Sum	2101 Beneficial owner
Bockmiller Douglas Frederick	2101 Beneficial owner
Chia Francis Mong Tet	2101 Beneficial owner
Dbs Trustee Limited	2301 Trustee
Bockmiller Lauren Lindquist	2307 Founder of a discretionary trust who can infl
Yap Fui Lee	2202 Interest of your spouse
Chia Mong Tet, Francis	2101 Beneficial owner
Yau Ah Lan	2202 Interest of your spouse

CM Hi-Tech Cleanroom (HKSE:02115) Headlines

No Headlines