Allied Sustainability And Environmental Consultants Group (HKSE:08320) Debt-to-Equity : 0.22 (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Allied Sustainability And Environmental Consultants Group Debt-to-Equity?

Allied Sustainability And Environmental Consultants Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$11.97 Mil. Allied Sustainability And Environmental Consultants Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$3.09 Mil. Allied Sustainability And Environmental Consultants Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$69.73 Mil. Allied Sustainability And Environmental Consultants Group's debt to equity for the quarter that ended in Sep. 2023 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 Allied Sustainability And Environmental Consultants Group's Debt-to-Equity or its related term are showing as below:

HKSE:08320' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.16 Max: 0.24
Current: 0.22

During the past 9 years, the highest Debt-to-Equity Ratio of Allied Sustainability And Environmental Consultants Group was 0.24. The lowest was 0.00. And the median was 0.16.

HKSE:08320's Debt-to-Equity is ranked better than
77.38% of 221 companies
in the Waste Management industry
Industry Median: 0.74 vs HKSE:08320: 0.22

Allied Sustainability And Environmental Consultants Group Debt-to-Equity Historical Data

The historical data trend for Allied Sustainability And Environmental Consultants 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.

Allied Sustainability And Environmental Consultants Group Debt-to-Equity Chart

Allied Sustainability And Environmental Consultants Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.05

0.19

0.17

0.16

0.22

Allied Sustainability And Environmental Consultants Group 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	0.22	N/A	0.22

Competitive Comparison of Allied Sustainability And Environmental Consultants Group's Debt-to-Equity

For the Waste Management subindustry, Allied Sustainability And Environmental Consultants 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.

Allied Sustainability And Environmental Consultants Group's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Allied Sustainability And Environmental Consultants Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Allied Sustainability And Environmental Consultants Group's Debt-to-Equity falls into.

Allied Sustainability And Environmental Consultants Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Allied Sustainability And Environmental Consultants Group'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
	=	(11.385	+	3.838)	/	69.591
	=	0.22

Allied Sustainability And Environmental Consultants Group'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
	=	(11.968	+	3.09)	/	69.732
	=	0.22

Allied Sustainability And Environmental Consultants Group (HKSE:08320) 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.

Allied Sustainability And Environmental Consultants Group Debt-to-Equity Related Terms

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

Allied Sustainability And Environmental Consultants Group (HKSE:08320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Allied Sustainability And Environmental Consultants Group Ltd (HKSE:08320) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

160 Gloucester Road, 27/F, Overseas Trust Bank Building, Wan Chai, Hong Kong, HKG

Website

https://www.asecg.com

Allied Sustainability And Environmental Consultants Group Ltd is an environmental consulting company. The company is engaged in the provision of consultancy services relating to green building certification consultancy, sustainability and environmental consultancy, acoustics, noise and vibration control, audio-visual design consultancy, and Environmental, social, and governance reporting consultancy. The principal place of the Group's operation is mainly in Hong Kong and has a presence in Macau and the PRC also.

Allied Sustainability And Environmental Consultants Group (HKSE:08320) Headlines

No Headlines