SPT Energy Group (HKSE:01251) Debt-to-Equity : 0.40 (As of Dec. 2023)

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What is SPT Energy Group Debt-to-Equity?

SPT Energy Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$467 Mil. SPT Energy Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$99 Mil. SPT Energy Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,422 Mil. SPT Energy Group's debt to equity for the quarter that ended in Dec. 2023 was 0.40.

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

HKSE:01251' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.37 Max: 0.54
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of SPT Energy Group was 0.54. The lowest was 0.26. And the median was 0.37.

HKSE:01251's Debt-to-Equity is ranked better than
52.78% of 828 companies
in the Oil & Gas industry
Industry Median: 0.45 vs HKSE:01251: 0.40

SPT Energy Group Debt-to-Equity Historical Data

The historical data trend for SPT Energy 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.

SPT Energy Group Debt-to-Equity Chart

SPT Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.33

0.46

0.54

0.46

0.40

SPT Energy Group 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															0.54	0.44	0.46	0.34	0.40

Competitive Comparison of SPT Energy Group's Debt-to-Equity

For the Oil & Gas Integrated subindustry, SPT Energy 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.

SPT Energy Group's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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

SPT Energy Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SPT Energy 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
	=	(467.196	+	98.985)	/	1422.031
	=	0.40

SPT Energy Group'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
	=	(467.196	+	98.985)	/	1422.031
	=	0.40

SPT Energy Group (HKSE:01251) 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.

SPT Energy Group Debt-to-Equity Related Terms

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

SPT Energy Group (HKSE:01251) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SPT Energy Group Inc (HKSE:01251) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

SEGYY:USA

Address

Jia No. 8 Hongjunying East Road, 5th Floor, Hongmao Commercial Building, Chaoyang District, Beijing, CHN, 100012

Website

https://www.sptenergygroup.com

SPT Energy Group Inc is an investment holding company engaged in the provision of integrated oilfield services and the manufacturing and sale of oilfield services-related products. Its operating segments are Drilling, Well Completion, Reservoir and others. Majority of revenue is generated from Reservoir segment. The company's geographical segments are China, Kazakhstan, Turkmenistan, Canada, Indonesia, the Middle East, and Others, of which China accounts for the majority of its revenue.

Executives

Wang Guoqiang
Wu Ethan
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Credit Suisse Trust Limited	2301 Trustee
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Greenwoods Asset Management Hong Kong Limited	2102 Investment manager
Invest Partner Group Limited	2201 Interest of corporation controlled by you
Wu Ethan
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Widescope Holdings Limited
Jiang Jinzhi	2201 Interest of corporation controlled by you

SPT Energy Group (HKSE:01251) Headlines

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