China Boqi Environmental (Holding) Co (HKSE:02377) Debt-to-Equity : 0.08 (As of Dec. 2023)

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What is China Boqi Environmental (Holding) Co Debt-to-Equity?

China Boqi Environmental (Holding) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$135 Mil. China Boqi Environmental (Holding) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$132 Mil. China Boqi Environmental (Holding) Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$3,333 Mil. China Boqi Environmental (Holding) Co's debt to equity for the quarter that ended in Dec. 2023 was 0.08.

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 China Boqi Environmental (Holding) Co's Debt-to-Equity or its related term are showing as below:

HKSE:02377' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.08 Max: 1.17
Current: 0.08

During the past 10 years, the highest Debt-to-Equity Ratio of China Boqi Environmental (Holding) Co was 1.17. The lowest was 0.03. And the median was 0.08.

HKSE:02377's Debt-to-Equity is ranked better than
78.16% of 2624 companies
in the Industrial Products industry
Industry Median: 0.29 vs HKSE:02377: 0.08

China Boqi Environmental (Holding) Co Debt-to-Equity Historical Data

The historical data trend for China Boqi Environmental (Holding) 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.

China Boqi Environmental (Holding) Co Debt-to-Equity Chart

China Boqi Environmental (Holding) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.05

0.09

0.08

China Boqi Environmental (Holding) Co Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial												0.09	0.07	0.08	0.05	0.08

Competitive Comparison of China Boqi Environmental (Holding) Co's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, China Boqi Environmental (Holding) 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.

China Boqi Environmental (Holding) Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Boqi Environmental (Holding) Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Boqi Environmental (Holding) Co's Debt-to-Equity falls into.

China Boqi Environmental (Holding) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Boqi Environmental (Holding) 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
	=	(134.663	+	131.723)	/	3333.259
	=	0.08

China Boqi Environmental (Holding) 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
	=	(134.663	+	131.723)	/	3333.259
	=	0.08

China Boqi Environmental (Holding) Co (HKSE:02377) 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.

China Boqi Environmental (Holding) Co Debt-to-Equity Related Terms

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China Boqi Environmental (Holding) Co (HKSE:02377) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Boqi Environmental (Holding) Co Ltd (HKSE:02377) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. Jia 8, Xinglongzhuang, Floor 2, Guoben Culture Building, Chaoyang District, Beijing, CHN, 100123

Website

http://www.chinaboqi.com

China Boqi Environmental (Holding) Co Ltd is an investment holding company. It operates in four segments: Environmental protection facilities, mainly including EPC, which consists of project design, procurement of equipment and materials, project construction and equipment installment, and testing services; Operation & maintenance segment comprises of operation service and regular maintenance service for desulfurization and denitrification facilities and dust removal facilities; Concession operations segment includes the construction of infrastructure or acquisition of existing infrastructure from the grantor and operation and maintenance of flue gas treatment project; and Others segment consists of the sale of by-products and others. The group primarily operates in the PRC.

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