C&N Holdings (HKSE:08430) Debt-to-Equity : 0.11 (As of Jun. 2024)

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What is C&N Holdings Debt-to-Equity?

C&N Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$7.7 Mil. C&N Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$1.2 Mil. C&N Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$78.1 Mil. C&N Holdings's debt to equity for the quarter that ended in Jun. 2024 was 0.11.

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 C&N Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:08430' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.17 Max: 0.62
Current: 0.11

During the past 9 years, the highest Debt-to-Equity Ratio of C&N Holdings was 0.62. The lowest was 0.09. And the median was 0.17.

HKSE:08430's Debt-to-Equity is ranked better than
87.6% of 887 companies
in the Transportation industry
Industry Median: 0.51 vs HKSE:08430: 0.11

C&N Holdings Debt-to-Equity Historical Data

The historical data trend for C&N Holdings'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.

C&N Holdings Debt-to-Equity Chart

C&N Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.12

0.29

0.12

0.17

0.11

C&N Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.09	N/A	0.11	0.11

Competitive Comparison of C&N Holdings's Debt-to-Equity

For the Trucking subindustry, C&N Holdings'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.

C&N Holdings's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, C&N Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where C&N Holdings's Debt-to-Equity falls into.

C&N Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

C&N Holdings'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
	=	(6.05	+	3.142)	/	82.8
	=	0.11

C&N Holdings'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
	=	(7.679	+	1.213)	/	78.14
	=	0.11

C&N Holdings (HKSE:08430) 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.

C&N Holdings Debt-to-Equity Related Terms

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C&N Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » C&N Holdings Ltd (HKSE:08430) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Soon Lee Street, Number 06-03 Pioneer Junction, Singapore, SGP, 627606

Website

https://www.cnlimited.com

C&N Holdings Ltd is engaged in providing transport and storage services to the logistics industry. It operates in the business segments of Trucking and Hubbing. The Trucking segment refers to the provision of cargo transportation and other related services. It offers cargo transportation services of containers, from the customer's designated pick-up points to their designated delivery points within Singapore. The Hubbing segment refers to the offering of the group's container storage facility at its logistic yard to its customers. It generates a majority of its revenue from the Trucking segment. All of the group's revenue is generated in Singapore.

Executives

Wang Hufei	2101 Beneficial owner
Chua Kang Lim	2201 Interest of corporation controlled by you
Ventris Global Limited	2101 Beneficial owner
Dai Wangfei	2101 Beneficial owner

C&N Holdings Headlines

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