Sanergy Group (HKSE:02459) Debt-to-Equity : 0.23 (As of Jun. 2024)

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What is Sanergy Group Debt-to-Equity?

Sanergy Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$203.4 Mil. Sanergy Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$27.4 Mil. Sanergy Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$1,027.2 Mil. Sanergy Group's debt to equity for the quarter that ended in Jun. 2024 was 0.22.

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

HKSE:02459' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.2 Max: 0.27
Current: 0.23

During the past 6 years, the highest Debt-to-Equity Ratio of Sanergy Group was 0.27. The lowest was 0.05. And the median was 0.20.

HKSE:02459's Debt-to-Equity is ranked better than
68.94% of 557 companies
in the Steel industry
Industry Median: 0.43 vs HKSE:02459: 0.23

Sanergy Group Debt-to-Equity Historical Data

The historical data trend for Sanergy 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.

* Premium members only.

Sanergy Group Debt-to-Equity Chart

Sanergy Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.11

0.07

0.16

0.24

0.27

Sanergy Group Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial					0.27	0.24	0.20	0.27	0.23

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

For the Steel subindustry, Sanergy 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.

Sanergy Group's Debt-to-Equity Distribution in the Steel Industry

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

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

Sanergy Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sanergy 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
	=	(272.867	+	38.073)	/	1159.701
	=	0.27

Sanergy Group's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(203.443	+	27.421)	/	1027.249
	=	0.22

Sanergy Group (HKSE:02459) 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.

Sanergy Group Debt-to-Equity Related Terms

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Sanergy Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sanergy Group Ltd (HKSE:02459) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, China Resources Building, Room 2602, 26th Floor, Wanchai, Hong Kong, HKG

Website

http://www.sanergygroup.com

Sanergy Group Ltd is a manufacturer of UHP graphite electrodes. The company sells the products to automotive, infrastructure, construction, appliance, machinery, equipment, and transportation industries. Geographically, the company operates in the Americas, Europe, the Middle East and Africa, the People's Republic of China, and Asia Pacific excluding the PRC.

Executives

Otautahi Capital Inc.	2101 Beneficial owner
Otautahi Enterprises Trust Company Limited	2301 Trustee
Otautahi Holdings Limited	2201 Interest of corporation controlled by you
Hou Haolong	2501 Other

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