Citychamp Watch & Jewellery Group (Citychamp Watch & Jewellery Group) Debt-to-Equity : 0.19 (As of Dec. 2023)

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What is Citychamp Watch & Jewellery Group Debt-to-Equity?

Citychamp Watch & Jewellery Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.3 Mil. Citychamp Watch & Jewellery Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $93.5 Mil. Citychamp Watch & Jewellery Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $533.5 Mil. Citychamp Watch & Jewellery Group's debt to equity for the quarter that ended in Dec. 2023 was 0.19.

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 Citychamp Watch & Jewellery Group's Debt-to-Equity or its related term are showing as below:

CEBTF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.39 Max: 0.57
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Citychamp Watch & Jewellery Group was 0.57. The lowest was 0.19. And the median was 0.39.

CEBTF's Debt-to-Equity is ranked better than
77.15% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs CEBTF: 0.19

Citychamp Watch & Jewellery Group Debt-to-Equity Historical Data

The historical data trend for Citychamp Watch & Jewellery Group'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.

Citychamp Watch & Jewellery Group Debt-to-Equity Chart

Citychamp Watch & Jewellery Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.44

0.38

0.30

0.26

0.19

Citychamp Watch & Jewellery Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.30	0.29	0.26	0.25	0.19

Competitive Comparison of Citychamp Watch & Jewellery Group's Debt-to-Equity

For the Luxury Goods subindustry, Citychamp Watch & Jewellery Group'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.

Citychamp Watch & Jewellery Group's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Citychamp Watch & Jewellery Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Citychamp Watch & Jewellery Group's Debt-to-Equity falls into.

Citychamp Watch & Jewellery Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Citychamp Watch & Jewellery Group'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
	=	(5.324	+	93.508)	/	533.522
	=	0.19

Citychamp Watch & Jewellery Group'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
	=	(5.324	+	93.508)	/	533.522
	=	0.19

Citychamp Watch & Jewellery Group (OTCPK:CEBTF) 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.

Citychamp Watch & Jewellery Group Debt-to-Equity Related Terms

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Citychamp Watch & Jewellery Group (Citychamp Watch & Jewellery Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Citychamp Watch & Jewellery Group Ltd (OTCPK:CEBTF) » Definitions » Debt-to-Equity

Traded in Other Exchanges

00256:Hong Kong

Address

1 Austin Road West, Units 1902-04, Level 19, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

http://www.citychampwj.com

Citychamp Watch & Jewellery Group Ltd is a Hong Kong-based investment holding company principally engaged in watches and timepieces product businesses. It has three reportable segments namely manufacture and distribution of watches and timepieces, property investments, and banking and financial businesses. The company possesses proprietary brands, highlighted by Rossini and EBOHR, which both manufacture and sell their own branded watches throughout China. It also possesses renowned global watch brands Corum, Eterna, Rotary, Dreyfuss & Co, and J&T Windmills among others. Watches and timepieces are the major sources of revenue for the company.

Citychamp Watch & Jewellery Group (Citychamp Watch & Jewellery Group) Headlines

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