TIL Enviro (HKSE:01790) Debt-to-Equity : 0.53 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is TIL Enviro Debt-to-Equity?

TIL Enviro's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$262.4 Mil. TIL Enviro's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$451.3 Mil. TIL Enviro's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,359.3 Mil. TIL Enviro's debt to equity for the quarter that ended in Dec. 2023 was 0.53.

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

HKSE:01790' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.53 Med: 0.75 Max: 8.66
Current: 0.53

During the past 9 years, the highest Debt-to-Equity Ratio of TIL Enviro was 8.66. The lowest was 0.53. And the median was 0.75.

HKSE:01790's Debt-to-Equity is not ranked
in the Waste Management industry.
Industry Median: 0.74 vs HKSE:01790: 0.53

TIL Enviro Debt-to-Equity Historical Data

The historical data trend for TIL Enviro'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.

TIL Enviro Debt-to-Equity Chart

TIL Enviro Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.75

0.66

0.63

0.61

0.53

TIL Enviro Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.63	0.61	0.61	0.55	0.53

Competitive Comparison of TIL Enviro's Debt-to-Equity

For the Waste Management subindustry, TIL Enviro'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.

TIL Enviro's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, TIL Enviro's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where TIL Enviro's Debt-to-Equity falls into.

TIL Enviro Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TIL Enviro'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
	=	(262.444	+	451.301)	/	1359.251
	=	0.53

TIL Enviro'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
	=	(262.444	+	451.301)	/	1359.251
	=	0.53

TIL Enviro (HKSE:01790) 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.

TIL Enviro Debt-to-Equity Related Terms

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

TIL Enviro (HKSE:01790) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » TIL Enviro Ltd (HKSE:01790) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 233 Tianhe North Road, Unit 08, Level 61, CITIC Plaza, Tianhe District, Guangdong Province, Guangzhou, CHN, 510613

Website

http://www.tilenviro.com

TIL Enviro Ltd is a wastewater treatment service provider operating and managing wastewater treatment facilities. The company's business divisions include Wastewater treatment operation services, Recycle water supply operation services, Wastewater treatment construction services, and Finance income from service concession arrangement. Geographically, it generates a majority of its revenue from the People's Republic of China.

Executives

Cheong Sze Theng	2202 Interest of your spouse
Lee Li-may	2202 Interest of your spouse
Lgb (malaysia) Sdn. Bhd.	2201 Interest of corporation controlled by you
Lgb Group (hk) Limited	2201 Interest of corporation controlled by you
Lim Chee Meng	2103 Interests held jointly with another person
Lim Chin Sean	2103 Interests held jointly with another person
Sparkle Century Group Limited	2101 Beneficial owner

TIL Enviro (HKSE:01790) Headlines

No Headlines