Golden Century International Holdings Group (HKSE:00091) Debt-to-Equity : -1.26 (As of Jun. 2023)

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What is Golden Century International Holdings Group Debt-to-Equity?

Golden Century International Holdings Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$192.1 Mil. Golden Century International Holdings Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0.0 Mil. Golden Century International Holdings Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$-152.8 Mil. Golden Century International Holdings Group's debt to equity for the quarter that ended in Jun. 2023 was -1.26.

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 Golden Century International Holdings Group's Debt-to-Equity or its related term are showing as below:

HKSE:00091' s Debt-to-Equity Range Over the Past 10 Years
Min: -31.2 Med: 0.54 Max: 10.62
Current: -1.26

During the past 13 years, the highest Debt-to-Equity Ratio of Golden Century International Holdings Group was 10.62. The lowest was -31.20. And the median was 0.54.

HKSE:00091's Debt-to-Equity is not ranked
in the Hardware industry.
Industry Median: 0.28 vs HKSE:00091: -1.26

Golden Century International Holdings Group Debt-to-Equity Historical Data

The historical data trend for Golden Century International Holdings 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.

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Golden Century International Holdings Group Debt-to-Equity Chart

Golden Century International Holdings Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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10.62

-1.03

-1.44

7.39

-1.58

Golden Century International Holdings Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															-1.76	7.39	-31.20	-1.58	-1.26

Competitive Comparison of Golden Century International Holdings Group's Debt-to-Equity

For the Electronics & Computer Distribution subindustry, Golden Century International Holdings 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.

Golden Century International Holdings Group's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Golden Century International Holdings Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Golden Century International Holdings Group's Debt-to-Equity falls into.

Golden Century International Holdings Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Golden Century International Holdings Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(194.855	+	5.034)	/	-126.306
	=	-1.58

Golden Century International Holdings Group's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(192.05	+	0)	/	-152.821
	=	-1.26

Golden Century International Holdings Group (HKSE:00091) 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.

Golden Century International Holdings Group Debt-to-Equity Related Terms

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Golden Century International Holdings Group (HKSE:00091) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Golden Century International Holdings Group Ltd (HKSE:00091) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

N/A

Address

535 Jaffe Road, Tower 535, Room 12005, 12th floor, Causeway Bay, HKG

Website

https://www.gci.com.hk

Golden Century International Holdings Group Ltd is an investment holding company. The company's operating segment includes Electronic components, Coalbed methane, Financial business, Wealth Management, Proprietary investment, and Comprehensive healthcare. The Financial business covers securities brokerage, money lending, consultancy, and referral service. Comprehensive healthcare involves the sales of melt-blown fabrics and related equipment and raw material. Its geographical segments are Hong Kong and the PRC, from which a majority of its revenue comes from the PRC.

Golden Century International Holdings Group (HKSE:00091) Headlines

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