AMTD Digital (AMTD Digital) Debt-to-Equity : 0.13 (As of Oct. 2023)

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What is AMTD Digital Debt-to-Equity?

AMTD Digital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $15.00 Mil. AMTD Digital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $50.57 Mil. AMTD Digital's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $510.63 Mil. AMTD Digital's debt to equity for the quarter that ended in Oct. 2023 was 0.13.

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 AMTD Digital's Debt-to-Equity or its related term are showing as below:

HKD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.19 Max: 0.26
Current: 0.13

During the past 5 years, the highest Debt-to-Equity Ratio of AMTD Digital was 0.26. The lowest was 0.13. And the median was 0.19.

HKD's Debt-to-Equity is ranked better than
60.12% of 2219 companies
in the Software industry
Industry Median: 0.21 vs HKD: 0.13

AMTD Digital Debt-to-Equity Historical Data

The historical data trend for AMTD Digital'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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AMTD Digital Debt-to-Equity Chart

AMTD Digital Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

0.26

AMTD Digital Semi-Annual Data
	Apr19	Apr20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	-	-	0.26	0.13

Competitive Comparison of AMTD Digital's Debt-to-Equity

For the Software - Application subindustry, AMTD Digital'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.

AMTD Digital's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, AMTD Digital's Debt-to-Equity distribution charts can be found below:

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

AMTD Digital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AMTD Digital's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(119.606	+	0)	/	457.947
	=	0.26

AMTD Digital's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(15	+	50.565)	/	510.632
	=	0.13

AMTD Digital (NYSE:HKD) 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.

AMTD Digital Debt-to-Equity Related Terms

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AMTD Digital (AMTD Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AMTD Digital Inc (NYSE:HKD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

27-29 rue de Bassano, Paris, FRA

Website

https://www.amtdigital.net

AMTD Digital Inc is a comprehensive digital solutions platform in Asia with businesses spanning multiple verticals, including digital financial services, SpiderNet ecosystem solutions, digital media, content, and marketing, and digital investments.