Arta TechFin (HKSE:00279) Debt-to-Equity : -6.86 (As of Sep. 2023)

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What is Arta TechFin Debt-to-Equity?

Arta TechFin's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$31.16 Mil. Arta TechFin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$37.15 Mil. Arta TechFin's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$-9.95 Mil. Arta TechFin's debt to equity for the quarter that ended in Sep. 2023 was -6.86.

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 Arta TechFin's Debt-to-Equity or its related term are showing as below:

HKSE:00279' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.86 Med: 0.09 Max: 4.5
Current: -6.86

During the past 13 years, the highest Debt-to-Equity Ratio of Arta TechFin was 4.50. The lowest was -6.86. And the median was 0.09.

HKSE:00279's Debt-to-Equity is not ranked
in the Capital Markets industry.
Industry Median: 0.38 vs HKSE:00279: -6.86

Arta TechFin Debt-to-Equity Historical Data

The historical data trend for Arta TechFin'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.

Arta TechFin Debt-to-Equity Chart

Arta TechFin Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.12

-1.19

-1.02

0.73

1.98

Arta TechFin 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															-0.89	0.73	2.85	1.98	-6.86

Competitive Comparison of Arta TechFin's Debt-to-Equity

For the Capital Markets subindustry, Arta TechFin'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.

Arta TechFin's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Arta TechFin's Debt-to-Equity distribution charts can be found below:

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

Arta TechFin Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Arta TechFin'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
	=	(32.619	+	34.057)	/	33.649
	=	1.98

Arta TechFin'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
	=	(31.163	+	37.154)	/	-9.954
	=	-6.86

Arta TechFin (HKSE:00279) 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.

Arta TechFin Debt-to-Equity Related Terms

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

Arta TechFin (HKSE:00279) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Arta TechFin Corp Ltd (HKSE:00279) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Units 1-2, 728 King’s Road, Level 9, K11 ATELIER King's Road, Quarry Bay, Hong Kong, CHN

Website

https://www.artatechfin.com

Arta TechFin Corp Ltd is an investment holding company that operates in three segments; Global markets business, which includes brokerage and investment banking businesses, Asset management business, Insurance brokerage business. Majority of its revenue is generated from Global markets business segment. Geographically, the business is carried out in Hong Kong.

Arta TechFin (HKSE:00279) Headlines

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