Chemical Industries (Far East) (SGX:C05) Debt-to-Equity : 0.02 (As of Sep. 2023)

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What is Chemical Industries (Far East) Debt-to-Equity?

Chemical Industries (Far East)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$1.00 Mil. Chemical Industries (Far East)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$2.10 Mil. Chemical Industries (Far East)'s Total Stockholders Equity for the quarter that ended in Sep. 2023 was S$128.75 Mil. Chemical Industries (Far East)'s debt to equity for the quarter that ended in Sep. 2023 was 0.02.

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 Chemical Industries (Far East)'s Debt-to-Equity or its related term are showing as below:

SGX:C05' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 0.44
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Chemical Industries (Far East) was 0.44. The lowest was 0.00. And the median was 0.05.

SGX:C05's Debt-to-Equity is ranked better than
96.19% of 1391 companies
in the Chemicals industry
Industry Median: 0.36 vs SGX:C05: 0.02

Chemical Industries (Far East) Debt-to-Equity Historical Data

The historical data trend for Chemical Industries (Far East)'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.

Chemical Industries (Far East) Debt-to-Equity Chart

Chemical Industries (Far East) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.05

0.04

0.03

Chemical Industries (Far East) Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.04	0.04	0.03	0.03	0.02

Competitive Comparison of Chemical Industries (Far East)'s Debt-to-Equity

For the Chemicals subindustry, Chemical Industries (Far East)'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.

Chemical Industries (Far East)'s Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chemical Industries (Far East)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Chemical Industries (Far East)'s Debt-to-Equity falls into.

Chemical Industries (Far East) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chemical Industries (Far East)'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
	=	(0.995	+	2.596)	/	131.468
	=	0.03

Chemical Industries (Far East)'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
	=	(0.995	+	2.102)	/	128.753
	=	0.02

Chemical Industries (Far East) (SGX:C05) 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.

Chemical Industries (Far East) Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Chemical Industries (Far East)'s Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Chemical Industries (Far East) (SGX:C05) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemical Industries (Far East) Ltd (SGX:C05) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Jalan Samulun, Singapore, SGP, 629127

Website

https://www.cil.com.sg

Chemical Industries (Far East) Ltd is engaged as the sole manufacturer of Chemical products in Singapore. The company operates through two segments Industrial Chemicals and Properties. It generates maximum revenue from the Industrial Chemicals segment. Geographically, it derives a majority of its revenue from Singapore. Its product portfolio consists of Chlorine, Caustic Soda, Sodium HypoChlorite, and Hydrochloric Acid.

Chemical Industries (Far East) (SGX:C05) Headlines

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