China Everbright Water (SGX:U9E) Debt-to-Equity : 1.26 (As of Dec. 2023)

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What is China Everbright Water Debt-to-Equity?

China Everbright Water's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$787 Mil. China Everbright Water's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$1,842 Mil. China Everbright Water's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$2,083 Mil. China Everbright Water's debt to equity for the quarter that ended in Dec. 2023 was 1.26.

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 China Everbright Water's Debt-to-Equity or its related term are showing as below:

SGX:U9E' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68 Med: 0.99 Max: 1.3
Current: 1.26

During the past 13 years, the highest Debt-to-Equity Ratio of China Everbright Water was 1.30. The lowest was 0.68. And the median was 0.99.

SGX:U9E's Debt-to-Equity is ranked worse than
62.89% of 477 companies
in the Utilities - Regulated industry
Industry Median: 0.87 vs SGX:U9E: 1.26

China Everbright Water Debt-to-Equity Historical Data

The historical data trend for China Everbright Water'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.

China Everbright Water Debt-to-Equity Chart

China Everbright Water Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.03

1.05

1.22

1.30

1.26

China Everbright Water 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															1.22	1.29	1.30	1.29	1.26

Competitive Comparison of China Everbright Water's Debt-to-Equity

For the Utilities - Regulated Water subindustry, China Everbright Water'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.

China Everbright Water's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Everbright Water's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Everbright Water's Debt-to-Equity falls into.

China Everbright Water Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Everbright Water'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
	=	(786.71	+	1842.119)	/	2083.161
	=	1.26

China Everbright Water'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
	=	(786.71	+	1842.119)	/	2083.161
	=	1.26

China Everbright Water (SGX:U9E) 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.

China Everbright Water Debt-to-Equity Related Terms

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

China Everbright Water (SGX:U9E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Everbright Water Ltd (SGX:U9E) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BOTRF:USA 01857:Hong Kong BIU2:Germany

Address

Number 1003 Shennan Avenue, 26th Floor, Block A, Oriental Xintiandi Plaza, Futian District, Shenzhen, CHN, 518000

Website

https://www.ebwater.com

China Everbright Water Ltd provides water supply, waste water treatment, sludge treatment, and other environmental services. It designs, constructs, and operates water treatment plants, and extracts energy from water discharged by the plants to power air-conditioning for various buildings. Concession arrangements from various Chinese government authorities span multiple years, and allow the company to operate plants and charge users a fee for consumption. Under the arrangements, China Everbright is obligated to maintain the plants, and receives annual payments from the grantors. Raw materials and consumables are utilized by experienced technicians to repair and maintain facilities. Majority of sales and assets are generated and located in China.

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