China Everbright Greentech (STU:CK7) Debt-to-Equity : 1.92 (As of Dec. 2023)

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What is China Everbright Greentech Debt-to-Equity?

China Everbright Greentech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,200.7 Mil. China Everbright Greentech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,519.4 Mil. China Everbright Greentech's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,418.2 Mil. China Everbright Greentech's debt to equity for the quarter that ended in Dec. 2023 was 1.92.

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 Greentech's Debt-to-Equity or its related term are showing as below:

STU:CK7' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 1.03 Max: 1.92
Current: 1.92

During the past 10 years, the highest Debt-to-Equity Ratio of China Everbright Greentech was 1.92. The lowest was 0.40. And the median was 1.03.

STU:CK7's Debt-to-Equity is ranked worse than
76.4% of 394 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.805 vs STU:CK7: 1.92

China Everbright Greentech Debt-to-Equity Historical Data

The historical data trend for China Everbright Greentech'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 Greentech Debt-to-Equity Chart

China Everbright Greentech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.12

1.35

1.50

1.57

1.92

China Everbright Greentech Semi-Annual Data
	Dec14	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													1.50	1.54	1.57	1.64	1.92

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

For the Utilities - Renewable subindustry, China Everbright Greentech'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 Greentech's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Everbright Greentech's Debt-to-Equity distribution charts can be found below:

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

China Everbright Greentech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Everbright Greentech'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
	=	(1200.718	+	1519.355)	/	1418.182
	=	1.92

China Everbright Greentech'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
	=	(1200.718	+	1519.355)	/	1418.182
	=	1.92

China Everbright Greentech (STU:CK7) 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 Greentech Debt-to-Equity Related Terms

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

China Everbright Greentech (STU:CK7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Everbright Greentech Ltd (STU:CK7) » Definitions » Debt-to-Equity

Traded in Other Exchanges

01257:Hong Kong

Address

16 Harcourt Road, Room 3602, 36th Floor, Far East Finance Centre, Hong Kong, HKG

Website

https://www.ebgreentech.com

China Everbright Greentech Ltd is an investment holding company. It operates in the following segments: Integrated biomass utilization project construction and operation; Hazardous and solid waste treatment project construction and operation; Environmental remediation project operation; Solar energy, and wind power project operation. The company derives the majority of its revenue from the integrated biomass utilization segment, which engages in the construction and operation of biomass direct combustion power generation projects, biomass heat supply projects, biomass electricity and heat cogeneration projects, waste-to-energy projects, and integrated biomass and waste-to-energy project. Its geographical segments are China, Hong Kong, and Germany.

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