Chiho Environmental Group (STU:T4N) Debt-to-Equity : 0.29 (As of Jun. 2024)

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What is Chiho Environmental Group Debt-to-Equity?

Chiho Environmental Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €113 Mil. Chiho Environmental Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €54 Mil. Chiho Environmental Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €577 Mil. Chiho Environmental Group's debt to equity for the quarter that ended in Jun. 2024 was 0.29.

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 Chiho Environmental Group's Debt-to-Equity or its related term are showing as below:

STU:T4N' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.57 Max: 2.96
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Chiho Environmental Group was 2.96. The lowest was 0.25. And the median was 0.57.

STU:T4N's Debt-to-Equity is ranked better than
50.14% of 2591 companies
in the Industrial Products industry
Industry Median: 0.29 vs STU:T4N: 0.29

Chiho Environmental Group Debt-to-Equity Historical Data

The historical data trend for Chiho Environmental Group'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.

Chiho Environmental Group Debt-to-Equity Chart

Chiho Environmental Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.72

0.64

0.42

0.30

0.26

Chiho Environmental Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.37	0.30	0.25	0.26	0.29

Competitive Comparison of Chiho Environmental Group's Debt-to-Equity

For the Metal Fabrication subindustry, Chiho Environmental Group'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.

Chiho Environmental Group's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chiho Environmental Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Chiho Environmental Group's Debt-to-Equity falls into.

Chiho Environmental Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chiho Environmental Group'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
	=	(105.828	+	42.693)	/	579.04
	=	0.26

Chiho Environmental Group'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
	=	(112.503	+	54.146)	/	576.884
	=	0.29

Chiho Environmental Group (STU:T4N) 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.

Chiho Environmental Group Debt-to-Equity Related Terms

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Chiho Environmental Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chiho Environmental Group Ltd (STU:T4N) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

00976:Hong Kong

Address

199 Des Voeux Road Central, Suite 1001, 10th Floor, Infinitus Plaza, Sheung Wan, Hong Kong, HKG

Website

https://www.chihogroup.com

Chiho Environmental Group Ltd is engaged in the principal business of resources recycling, involving recycling of mixed metal, end-of-life vehicle (ELV), waste electrical and electronic equipment (WEEE), wasted oil and Zorba in Asia, Europe and North America. The company, Geographically operates in Asia, Europe and North America, out of which majority of revenue is derived Europe.

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