Chen Lin Education Group Holdings (HKSE:01593) Debt-to-Equity : 2.54 (As of Aug. 2023)

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What is Chen Lin Education Group Holdings Debt-to-Equity?

Chen Lin Education Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was HK$667.6 Mil. Chen Lin Education Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was HK$1,651.1 Mil. Chen Lin Education Group Holdings's Total Stockholders Equity for the quarter that ended in Aug. 2023 was HK$912.7 Mil. Chen Lin Education Group Holdings's debt to equity for the quarter that ended in Aug. 2023 was 2.54.

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 Chen Lin Education Group Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:01593' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.55 Med: 1.9 Max: 7.19
Current: 2.54

During the past 7 years, the highest Debt-to-Equity Ratio of Chen Lin Education Group Holdings was 7.19. The lowest was 0.55. And the median was 1.90.

HKSE:01593's Debt-to-Equity is ranked worse than
93.69% of 222 companies
in the Education industry
Industry Median: 0.345 vs HKSE:01593: 2.54

Chen Lin Education Group Holdings Debt-to-Equity Historical Data

The historical data trend for Chen Lin Education Group Holdings'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.

Chen Lin Education Group Holdings Debt-to-Equity Chart

Chen Lin Education Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Aug22

Aug23

Debt-to-Equity

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1.90

0.55

0.83

1.79

2.54

Chen Lin Education Group Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial								1.62	1.79	2.07	2.54	N/A

Competitive Comparison of Chen Lin Education Group Holdings's Debt-to-Equity

For the Education & Training Services subindustry, Chen Lin Education Group Holdings'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.

Chen Lin Education Group Holdings's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Chen Lin Education Group Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Chen Lin Education Group Holdings's Debt-to-Equity falls into.

Chen Lin Education Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chen Lin Education Group Holdings's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(667.643	+	1651.107)	/	912.739
	=	2.54

Chen Lin Education Group Holdings's Debt to Equity Ratio for the quarter that ended in Aug. 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
	=	(667.643	+	1651.107)	/	912.739
	=	2.54

Chen Lin Education Group Holdings (HKSE:01593) 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.

Chen Lin Education Group Holdings Debt-to-Equity Related Terms

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Chen Lin Education Group Holdings (HKSE:01593) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Chen Lin Education Group Holdings Ltd (HKSE:01593) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 001, Xinjian Lianfu Dadao, Jiangxi, Nanchang, CHN

Website

http://www.chenlin-edu.com

Chen Lin Education Group Holdings Ltd is engaged in the provision of private tertiary education services in the PRC. The group derives revenue from Tuition fees, Boarding fees, Internship management fees, Tutoring and program management services, and others.

Executives

Huang Yulin	2201 Interest of corporation controlled by you
Huangyulin Holdings Limited	2101 Beneficial owner
Wang Li

Chen Lin Education Group Holdings (HKSE:01593) Headlines

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