Coolpoint Innonism Holding (HKSE:08040) Debt-to-Equity : 0.21 (As of Sep. 2023)

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What is Coolpoint Innonism Holding Debt-to-Equity?

Coolpoint Innonism Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$14.7 Mil. Coolpoint Innonism Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1.6 Mil. Coolpoint Innonism Holding's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$79.4 Mil. Coolpoint Innonism Holding's debt to equity for the quarter that ended in Sep. 2023 was 0.20.

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 Coolpoint Innonism Holding's Debt-to-Equity or its related term are showing as below:

HKSE:08040' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.2 Max: 1.64
Current: 0.21

During the past 8 years, the highest Debt-to-Equity Ratio of Coolpoint Innonism Holding was 1.64. The lowest was 0.02. And the median was 0.20.

HKSE:08040's Debt-to-Equity is ranked better than
63.74% of 921 companies
in the Business Services industry
Industry Median: 0.37 vs HKSE:08040: 0.21

Coolpoint Innonism Holding Debt-to-Equity Historical Data

The historical data trend for Coolpoint Innonism Holding'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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Coolpoint Innonism Holding Debt-to-Equity Chart

Coolpoint Innonism Holding Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.02

0.03

0.21

0.20

Coolpoint Innonism Holding Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.24	N/A	0.20	N/A	0.21

Competitive Comparison of Coolpoint Innonism Holding's Debt-to-Equity

For the Consulting Services subindustry, Coolpoint Innonism Holding'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.

Coolpoint Innonism Holding's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Coolpoint Innonism Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Coolpoint Innonism Holding's Debt-to-Equity falls into.

Coolpoint Innonism Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Coolpoint Innonism Holding's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(14.827	+	1.804)	/	82.723
	=	0.20

Coolpoint Innonism Holding's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(14.677	+	1.607)	/	79.447
	=	0.20

Coolpoint Innonism Holding (HKSE:08040) 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.

Coolpoint Innonism Holding Debt-to-Equity Related Terms

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Coolpoint Innonism Holding (HKSE:08040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Coolpoint Innonism Holding Ltd (HKSE:08040) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

63-65 Hung To Road, Room D, 12th Floor, Lucky Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.coolpointinnonism.com

Coolpoint Innonism Holding Ltd is principally engaged in the provision of fitting-out, Nano-AM application services and renovation services in Hong Kong. The fitting-out and renovation services of the Group mainly include the provision of interior fitting-out and renovation services for different types of premises in the private sector, including residential apartments and residential dwellings, show flats, clubhouses, sale offices, public areas in residential and commercial buildings, office, shopping malls and shops in Hong Kong. Nano-Am application services include refers to the provision and application of nanophotocatalytic antifouling materials (the "Nano-AM") on various types of repairs and maintenance work for yachts.

Executives

Chen Yi-sung	2101 Beneficial owner
Advance Goal Group Limited	2101 Beneficial owner
Cheng Tsang Fu Dennis	2201 Interest of corporation controlled by you
Cheng Tsang Wai	2201 Interest of corporation controlled by you
Chow Siu Shan Juliana	2202 Interest of your spouse
Liu Lee Lee Lily	2201 Interest of corporation controlled by you

Coolpoint Innonism Holding (HKSE:08040) Headlines

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