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Hydrograph Clean Power (XCNQ:HG) Debt-to-Equity : 0.05 (As of Dec. 2023)


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What is Hydrograph Clean Power Debt-to-Equity?

Hydrograph Clean Power's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.08 Mil. Hydrograph Clean Power's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.24 Mil. Hydrograph Clean Power's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$6.47 Mil. Hydrograph Clean Power's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

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 Hydrograph Clean Power's Debt-to-Equity or its related term are showing as below:

XCNQ:HG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.05   Max: 0.17
Current: 0.05

During the past 4 years, the highest Debt-to-Equity Ratio of Hydrograph Clean Power was 0.17. The lowest was 0.03. And the median was 0.05.

XCNQ:HG's Debt-to-Equity is ranked better than
86.23% of 1387 companies
in the Chemicals industry
Industry Median: 0.36 vs XCNQ:HG: 0.05

Hydrograph Clean Power Debt-to-Equity Historical Data

The historical data trend for Hydrograph Clean Power'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.

Hydrograph Clean Power Debt-to-Equity Chart

Hydrograph Clean Power Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
0.03 0.17 0.04 0.05

Hydrograph Clean Power Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.05 0.04 0.05 0.05

Competitive Comparison of Hydrograph Clean Power's Debt-to-Equity

For the Specialty Chemicals subindustry, Hydrograph Clean Power'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.


Hydrograph Clean Power's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hydrograph Clean Power's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hydrograph Clean Power's Debt-to-Equity falls into.



Hydrograph Clean Power Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hydrograph Clean Power's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Hydrograph Clean Power's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Hydrograph Clean Power  (XCNQ:HG) 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.


Hydrograph Clean Power Debt-to-Equity Related Terms

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Hydrograph Clean Power (XCNQ:HG) Business Description

Traded in Other Exchanges
Address
1 King Street West, Suite 4800-118, Toronto, ON, CAN, M5H 1A1
Hydrograph Clean Power Inc is engaged in the acquisition and development of graphene and hydrogen-related products and services. The company is a commercial manufacturer of high-quality nanomaterials and alternative-energy fuels.