Chyunn Environment (ROCO:6911) Debt-to-Equity : 0.39 (As of Dec. 2023)

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What is Chyunn Environment Debt-to-Equity?

Chyunn Environment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$25.5 Mil. Chyunn Environment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$121.9 Mil. Chyunn Environment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$383.3 Mil. Chyunn Environment's debt to equity for the quarter that ended in Dec. 2023 was 0.38.

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 Chyunn Environment's Debt-to-Equity or its related term are showing as below:

ROCO:6911' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.41 Max: 0.66
Current: 0.39

During the past 6 years, the highest Debt-to-Equity Ratio of Chyunn Environment was 0.66. The lowest was 0.26. And the median was 0.41.

ROCO:6911's Debt-to-Equity is ranked better than
65.61% of 221 companies
in the Waste Management industry
Industry Median: 0.74 vs ROCO:6911: 0.39

Chyunn Environment Debt-to-Equity Historical Data

The historical data trend for Chyunn Environment'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.

Chyunn Environment Debt-to-Equity Chart

Chyunn Environment Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.45

0.66

0.26

0.44

0.39

Chyunn Environment Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.26	0.50	0.44	0.47	0.39

Competitive Comparison of Chyunn Environment's Debt-to-Equity

For the Waste Management subindustry, Chyunn Environment'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.

Chyunn Environment's Debt-to-Equity Distribution in the Waste Management Industry

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

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

Chyunn Environment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chyunn Environment'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
	=	(25.524	+	121.859)	/	383.282
	=	0.38

Chyunn Environment'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
	=	(25.524	+	121.859)	/	383.282
	=	0.38

Chyunn Environment (ROCO:6911) 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.

Chyunn Environment Debt-to-Equity Related Terms

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Chyunn Environment (ROCO:6911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Chyunn Environment Corp (ROCO:6911) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Anming Road, No. 100, Section 4, Annan District, Tainan City, TWN

Website

https://www.chyunn.com

Chyunn Environment Corp operates as a waste removal company. The firm engages in Garbage removal, resource recovery, general business waste removal, hazardous business waste removal, construction waste removal, earth and stone resource storage and disposal yards, machine scrapping, water truck business, and environmental protection business consultants.

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