Beijing GeoEnviron Engineering & Technology (SHSE:603588) Debt-to-Equity : 1.29 (As of Mar. 2024)

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What is Beijing GeoEnviron Engineering & Technology Debt-to-Equity?

Beijing GeoEnviron Engineering & Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥7,063 Mil. Beijing GeoEnviron Engineering & Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5,154 Mil. Beijing GeoEnviron Engineering & Technology's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥9,492 Mil. Beijing GeoEnviron Engineering & Technology's debt to equity for the quarter that ended in Mar. 2024 was 1.29.

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 Beijing GeoEnviron Engineering & Technology's Debt-to-Equity or its related term are showing as below:

SHSE:603588' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 1.12 Max: 1.69
Current: 1.29

During the past 13 years, the highest Debt-to-Equity Ratio of Beijing GeoEnviron Engineering & Technology was 1.69. The lowest was 0.06. And the median was 1.12.

SHSE:603588's Debt-to-Equity is ranked worse than
79.09% of 220 companies
in the Waste Management industry
Industry Median: 0.685 vs SHSE:603588: 1.29

Beijing GeoEnviron Engineering & Technology Debt-to-Equity Historical Data

The historical data trend for Beijing GeoEnviron Engineering & Technology'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.

Beijing GeoEnviron Engineering & Technology Debt-to-Equity Chart

Beijing GeoEnviron Engineering & Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.61

1.38

1.43

1.01

1.28

Beijing GeoEnviron Engineering & Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.07	1.14	1.22	1.28	1.29

Competitive Comparison of Beijing GeoEnviron Engineering & Technology's Debt-to-Equity

For the Waste Management subindustry, Beijing GeoEnviron Engineering & Technology'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.

Beijing GeoEnviron Engineering & Technology's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Beijing GeoEnviron Engineering & Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Beijing GeoEnviron Engineering & Technology's Debt-to-Equity falls into.

Beijing GeoEnviron Engineering & Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beijing GeoEnviron Engineering & Technology'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
	=	(6917.076	+	4965.571)	/	9299.887
	=	1.28

Beijing GeoEnviron Engineering & Technology's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(7062.716	+	5153.868)	/	9492.352
	=	1.29

Beijing GeoEnviron Engineering & Technology (SHSE:603588) 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.

Beijing GeoEnviron Engineering & Technology Debt-to-Equity Related Terms

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Beijing GeoEnviron Engineering & Technology (SHSE:603588) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Beijing GeoEnviron Engineering & Technology Inc (SHSE:603588) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

BGE Building, No.9 Dijin Road, Zhongguancun Environmental Protection Park, Beiqing Road, Haidian District, Beijing, CHN, 100095

Website

http://www.bgechina.cn

Beijing GeoEnviron Engineering & Technology Inc is specialized in the environmental technology research and the provision of solutions for the pollution control system. The company provides various services such as Urban 360 Environmental Manager that removes medical waste and hazardous wastes disposal, Kitchen waste treatment, Sludge disposal and others. Industrial Environment involves treatment of industrial wastewater and treatment of industrial solid waste, and Environment Remediation is engaged in remediation of the industrial site, underground water remediation, landfill remediation and farmland remediation.

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