CGN Mining Co (HKSE:01164) Debt-to-Equity : 0.45 (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is CGN Mining Co Debt-to-Equity?

CGN Mining Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$367 Mil. CGN Mining Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,396 Mil. CGN Mining Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$3,880 Mil. CGN Mining Co's debt to equity for the quarter that ended in Dec. 2023 was 0.45.

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 CGN Mining Co's Debt-to-Equity or its related term are showing as below:

HKSE:01164' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38 Med: 0.51 Max: 1.41
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of CGN Mining Co was 1.41. The lowest was 0.38. And the median was 0.51.

HKSE:01164's Debt-to-Equity is ranked worse than
67.72% of 127 companies
in the Other Energy Sources industry
Industry Median: 0.24 vs HKSE:01164: 0.45

CGN Mining Co Debt-to-Equity Historical Data

The historical data trend for CGN Mining Co'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.

CGN Mining Co Debt-to-Equity Chart

CGN Mining Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.55

0.97

1.41

0.72

0.45

CGN Mining Co 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															1.41	0.70	0.72	0.70	0.45

Competitive Comparison of CGN Mining Co's Debt-to-Equity

For the Uranium subindustry, CGN Mining Co'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.

CGN Mining Co's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, CGN Mining Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CGN Mining Co's Debt-to-Equity falls into.

CGN Mining Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CGN Mining Co'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
	=	(367.172	+	1395.914)	/	3880.191
	=	0.45

CGN Mining Co'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
	=	(367.172	+	1395.914)	/	3880.191
	=	0.45

CGN Mining Co (HKSE:01164) 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.

CGN Mining Co Debt-to-Equity Related Terms

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

CGN Mining Co (HKSE:01164) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » CGN Mining Co Ltd (HKSE:01164) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CGNMF:USA VBO:Germany

Address

No. 26 Harbour Road, Room 1903,19th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

http://www.cgnmc.com

CGN Mining Co Ltd is an investment holding company. It is engaged in the development and trading of natural uranium resources for use by nuclear energy companies. The company organized into three main segments: Natural uranium trading, Property investment, and Other investment. It's Natural uranium trading segment engages in trading of natural uranium. The property investment segment engages in leasing and selling of office premises and other investments segment engages in investment in a joint venture. The company generates majority of its revenue from the trading of natural uranium.

CGN Mining Co (HKSE:01164) Headlines

No Headlines