Beijing Enterprises Water Group (HKSE:00371) Debt-to-Equity : 2.20 (As of Dec. 2023)

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What is Beijing Enterprises Water Group Debt-to-Equity?

Beijing Enterprises Water Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$13,703 Mil. Beijing Enterprises Water Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$68,406 Mil. Beijing Enterprises Water Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$37,335 Mil. Beijing Enterprises Water Group's debt to equity for the quarter that ended in Dec. 2023 was 2.20.

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 Enterprises Water Group's Debt-to-Equity or its related term are showing as below:

HKSE:00371' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.49 Med: 1.71 Max: 2.24
Current: 2.2

During the past 13 years, the highest Debt-to-Equity Ratio of Beijing Enterprises Water Group was 2.24. The lowest was 1.49. And the median was 1.71.

HKSE:00371's Debt-to-Equity is ranked worse than
87.87% of 478 companies
in the Utilities - Regulated industry
Industry Median: 0.845 vs HKSE:00371: 2.20

Beijing Enterprises Water Group Debt-to-Equity Historical Data

The historical data trend for Beijing Enterprises Water 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.

Beijing Enterprises Water Group Debt-to-Equity Chart

Beijing Enterprises Water Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.67

1.65

1.77

2.24

2.20

Beijing Enterprises Water 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															1.77	2.08	2.24	2.41	2.20

Competitive Comparison of Beijing Enterprises Water Group's Debt-to-Equity

For the Utilities - Regulated Water subindustry, Beijing Enterprises Water 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.

Beijing Enterprises Water Group's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Beijing Enterprises Water Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Beijing Enterprises Water Group's Debt-to-Equity falls into.

Beijing Enterprises Water Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beijing Enterprises Water 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
	=	(13703.282	+	68405.785)	/	37335.02
	=	2.20

Beijing Enterprises Water 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
	=	(13703.282	+	68405.785)	/	37335.02
	=	2.20

Beijing Enterprises Water Group (HKSE:00371) 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 Enterprises Water Group Debt-to-Equity Related Terms

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Beijing Enterprises Water Group (HKSE:00371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Beijing Enterprises Water Group Ltd (HKSE:00371) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BJWTF:USA HUN2:Germany

Address

18 Harbour Road, Rooms 6706-07, 67th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

https://www.bewg.net

Beijing Enterprises Water Group Ltd is a provider of waste treatment services in China. The company's business segments are Sewage and reclaimed water treatment and construction services, Water distribution services, and Technical and consultancy services and sales of machineries. Majority of the revenue is derived from Sewage and reclaimed water treatment and construction services segment.

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