China Water Affairs Group (STU:CUBB) Debt-to-Equity : 1.90 (As of Sep. 2023)

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What is China Water Affairs Group Debt-to-Equity?

China Water Affairs Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €822 Mil. China Water Affairs Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €1,965 Mil. China Water Affairs Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €1,465 Mil. China Water Affairs Group's debt to equity for the quarter that ended in Sep. 2023 was 1.90.

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

STU:CUBB' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.19 Med: 1.75 Max: 2.09
Current: 1.9

During the past 13 years, the highest Debt-to-Equity Ratio of China Water Affairs Group was 2.09. The lowest was 1.19. And the median was 1.75.

STU:CUBB's Debt-to-Equity is ranked worse than
82.67% of 479 companies
in the Utilities - Regulated industry
Industry Median: 0.89 vs STU:CUBB: 1.90

China Water Affairs Group Debt-to-Equity Historical Data

The historical data trend for China Water Affairs 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.

China Water Affairs Group Debt-to-Equity Chart

China Water Affairs Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.87

2.09

1.79

1.72

1.85

China Water Affairs Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															1.71	1.72	1.83	1.85	1.90

Competitive Comparison of China Water Affairs Group's Debt-to-Equity

For the Utilities - Regulated Water subindustry, China Water Affairs 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.

China Water Affairs Group's Debt-to-Equity Distribution in the Utilities - Regulated Industry

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

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

China Water Affairs Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Water Affairs Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(958.968	+	1898.109)	/	1546.193
	=	1.85

China Water Affairs Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(822.332	+	1965.359)	/	1464.757
	=	1.90

China Water Affairs Group (STU:CUBB) 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.

China Water Affairs Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of China Water Affairs Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

China Water Affairs Group (STU:CUBB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Water Affairs Group Ltd (STU:CUBB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CWAFF:USA 00855:Hong Kong CUBB:Germany

Address

18 Harbour Road, Central Plaza, Suite 6408, 64th Floor, Wanchai, Hong Kong, HKG

Website

http://www.chinawatergroup.com

China Water Affairs Group Ltd is a Chinese water utility company that builds, operates, and invests in water affairs projects in China. The firm's primary segments include City water supply operation, main contractor construction, Environmental protection, and Property development and investment, Pipeline direct drinking water supply. It generates a majority of its revenue from the City water supply operation segment. Geographically, the company generates a major share of its revenue from the People's Republic of China.

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