Channel Infrastructure NZ (NZSE:CHI) Debt-to-Equity : 0.64 (As of Dec. 2023)

View and export this data going back to 1962. Start your Free Trial

What is Channel Infrastructure NZ Debt-to-Equity?

Channel Infrastructure NZ's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$55.9 Mil. Channel Infrastructure NZ's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$265.4 Mil. Channel Infrastructure NZ's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NZ$499.2 Mil. Channel Infrastructure NZ's debt to equity for the quarter that ended in Dec. 2023 was 0.64.

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 Channel Infrastructure NZ's Debt-to-Equity or its related term are showing as below:

NZSE:CHI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.37 Max: 0.64
Current: 0.64

During the past 13 years, the highest Debt-to-Equity Ratio of Channel Infrastructure NZ was 0.64. The lowest was 0.22. And the median was 0.37.

NZSE:CHI's Debt-to-Equity is ranked worse than
61.57% of 830 companies
in the Oil & Gas industry
Industry Median: 0.45 vs NZSE:CHI: 0.64

Channel Infrastructure NZ Debt-to-Equity Historical Data

The historical data trend for Channel Infrastructure NZ'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.

Channel Infrastructure NZ Debt-to-Equity Chart

Channel Infrastructure NZ Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.33

0.49

0.41

0.50

0.64

Channel Infrastructure NZ Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.41	0.43	0.50	0.59	0.64

Competitive Comparison of Channel Infrastructure NZ's Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, Channel Infrastructure NZ'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.

Channel Infrastructure NZ's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Channel Infrastructure NZ's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Channel Infrastructure NZ's Debt-to-Equity falls into.

Channel Infrastructure NZ Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Channel Infrastructure NZ'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
	=	(55.858	+	265.399)	/	499.211
	=	0.64

Channel Infrastructure NZ'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
	=	(55.858	+	265.399)	/	499.211
	=	0.64

Channel Infrastructure NZ (NZSE:CHI) 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.

Channel Infrastructure NZ Debt-to-Equity Related Terms

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

Channel Infrastructure NZ (NZSE:CHI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Channel Infrastructure NZ Ltd (NZSE:CHI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NZRFF:USA

Address

Private Bag 9024, Ruakaka, Whangarei, NTL, NZL, 0148

Website

https://www.channelnz.com

Channel Infrastructure NZ Ltd is an independent fuel infrastructure company. The company utilizes the deep-water harbour and jetty infrastructure at Marsden Point to receive, store and distribute imported refined fuel, which is owned by customers.

Channel Infrastructure NZ (NZSE:CHI) Headlines

From GuruFocus

Calamos Investments Announces Calamos Convertible Opportunities and Income Fund (NASDAQ: CHI) to Raise Monthly Distribution Payable in February 2021

By PRNewswire PRNewswire • 01-22-2021