CSG Holding Co (SZSE:000012) Debt-to-Equity : 0.57 (As of Mar. 2024)

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What is CSG Holding Co Debt-to-Equity?

CSG Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,840 Mil. CSG Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥6,393 Mil. CSG Holding Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥14,374 Mil. CSG Holding Co's debt to equity for the quarter that ended in Mar. 2024 was 0.57.

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 CSG Holding Co's Debt-to-Equity or its related term are showing as below:

SZSE:000012' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.58 Max: 0.86
Current: 0.57

During the past 13 years, the highest Debt-to-Equity Ratio of CSG Holding Co was 0.86. The lowest was 0.32. And the median was 0.58.

SZSE:000012's Debt-to-Equity is ranked worse than
66.86% of 353 companies
in the Building Materials industry
Industry Median: 0.39 vs SZSE:000012: 0.57

CSG Holding Co Debt-to-Equity Historical Data

The historical data trend for CSG Holding Co'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.

CSG Holding Co Debt-to-Equity Chart

CSG Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.56

0.40

0.36

0.56

CSG Holding Co 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															0.47	0.48	0.54	0.56	0.57

Competitive Comparison of CSG Holding Co's Debt-to-Equity

For the Building Materials subindustry, CSG Holding Co'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.

CSG Holding Co's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, CSG Holding Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CSG Holding Co's Debt-to-Equity falls into.

CSG Holding Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CSG Holding Co'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
	=	(1685.746	+	6236.783)	/	14050.84
	=	0.56

CSG Holding Co'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
	=	(1839.957	+	6393.33)	/	14373.533
	=	0.57

CSG Holding Co (SZSE:000012) 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.

CSG Holding Co Debt-to-Equity Related Terms

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

CSG Holding Co (SZSE:000012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » CSG Holding Co Ltd (SZSE:000012) » Definitions » Debt-to-Equity

Traded in Other Exchanges

200012:China

Address

6th Industrial Road, CSG Building, Number 1, Shekou, Shenzhen, CHN, 518067

Website

https://www.csgholding.com

CSG Holding Co Ltd produces and sells glass products. The company's operating segment includes Flat glass; Solar energy; Electronic glass and displays and others. It generates maximum revenue from the Flat glass segment. The flat glass segment is engaged in production and sales of float glass and engineering glass and the silica for the production thereof. Its glass products include Float Glass; Ultra-clear Float Glass; Solar Patterned Low Iron Glass and AR Coating Solar Glass. Geographically, it derives revenue from Mainland China.

CSG Holding Co (SZSE:000012) Headlines

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