Coastal Greenland (HKSE:01124) Debt-to-Equity : 0.19 (As of Sep. 2024)

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What is Coastal Greenland Debt-to-Equity?

Coastal Greenland's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$178.56 Mil. Coastal Greenland's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$65.90 Mil. Coastal Greenland's Total Stockholders Equity for the quarter that ended in Sep. 2024 was HK$1,320.85 Mil. Coastal Greenland's debt to equity for the quarter that ended in Sep. 2024 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 Coastal Greenland's Debt-to-Equity or its related term are showing as below:

HKSE:01124' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.5 Max: 2.16
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Coastal Greenland was 2.16. The lowest was 0.07. And the median was 0.50.

HKSE:01124's Debt-to-Equity is ranked better than
79.85% of 1563 companies
in the Real Estate industry
Industry Median: 0.73 vs HKSE:01124: 0.19

Coastal Greenland Debt-to-Equity Historical Data

The historical data trend for Coastal Greenland'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.

Coastal Greenland Debt-to-Equity Chart

Coastal Greenland Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.46

0.66

0.46

0.49

0.20

Coastal Greenland Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.45	0.49	0.14	0.20	0.19

Competitive Comparison of Coastal Greenland's Debt-to-Equity

For the Real Estate - Development subindustry, Coastal Greenland'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.

Coastal Greenland's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Coastal Greenland's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Coastal Greenland's Debt-to-Equity falls into.

Coastal Greenland Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Coastal Greenland's Debt to Equity Ratio for the fiscal year 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
	=	(213.504	+	53.615)	/	1350.629
	=	0.20

Coastal Greenland's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(178.559	+	65.902)	/	1320.847
	=	0.19

Coastal Greenland (HKSE:01124) 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.

Coastal Greenland Debt-to-Equity Related Terms

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Coastal Greenland Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Coastal Greenland Ltd (HKSE:01124) » Definitions » Debt-to-Equity

Traded in Other Exchanges

CGR0:Germany

Address

1006 Fuzhong Third Road, 38th Floor, Noble Center, Futian District, Guangdong Province, Shenzhen, CHN

Website

http://www.coastal.com.cn

Coastal Greenland Ltd is an investment holding company principally engaged in the property-related business in the People's republic of China. The company operates through four business segments. The Property Development segment is engaged in the development of properties for sale. The Property Investment segment is engaged in investment in commercial and residential properties. The Project Management segment is engaged in the provision of project management services. The Project Investment Service segment is engaged in the provision of services about the investment in and the sales of property development and land development projects. The majority of the revenue is generated from the property development segment.

Executives

Coastal International Holdings Limited	2101 Beneficial owner
Jiang Ming	2201 Interest of corporation controlled by you

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