Cheuk Nang (Holdings) (HKSE:00131) Debt-to-Equity : 0.13 (As of Dec. 2023)

View and export this data going back to 1973. Start your Free Trial

What is Cheuk Nang (Holdings) Debt-to-Equity?

Cheuk Nang (Holdings)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$244.85 Mil. Cheuk Nang (Holdings)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$630.00 Mil. Cheuk Nang (Holdings)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$6,872.43 Mil. Cheuk Nang (Holdings)'s debt to equity for the quarter that ended in Dec. 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 Cheuk Nang (Holdings)'s Debt-to-Equity or its related term are showing as below:

HKSE:00131' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.19 Max: 0.42
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Cheuk Nang (Holdings) was 0.42. The lowest was 0.13. And the median was 0.19.

HKSE:00131's Debt-to-Equity is ranked better than
84.55% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:00131: 0.13

Cheuk Nang (Holdings) Debt-to-Equity Historical Data

The historical data trend for Cheuk Nang (Holdings)'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.

Cheuk Nang (Holdings) Debt-to-Equity Chart

Cheuk Nang (Holdings) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.18

0.20

0.13

0.15

0.16

Cheuk Nang (Holdings) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.13	0.15	0.14	0.16	0.13

Competitive Comparison of Cheuk Nang (Holdings)'s Debt-to-Equity

For the Real Estate - Development subindustry, Cheuk Nang (Holdings)'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.

Cheuk Nang (Holdings)'s Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cheuk Nang (Holdings)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cheuk Nang (Holdings)'s Debt-to-Equity falls into.

Cheuk Nang (Holdings) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cheuk Nang (Holdings)'s Debt to Equity Ratio for the fiscal year 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
	=	(408.616	+	630.789)	/	6573.558
	=	0.16

Cheuk Nang (Holdings)'s Debt to Equity Ratio for the quarter 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
	=	(244.846	+	630)	/	6872.427
	=	0.13

Cheuk Nang (Holdings) (HKSE:00131) 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.

Cheuk Nang (Holdings) Debt-to-Equity Related Terms

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

Cheuk Nang (Holdings) (HKSE:00131) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cheuk Nang (Holdings) Ltd (HKSE:00131) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

18 Harbour Road, Suite 4901, 49th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

http://www.cheuknang.com.hk

Cheuk Nang (Holdings) Ltd is an investment holding company. The principal activities of the company's subsidiaries and associates comprise property development, investment, and management. The company has diversified its operations into four segments, being Property Sales, Property Rental, Estate Management, and Others. The majority of its revenue is derived from Properties sales. Its primary geographical markets are Hong Kong, the People's Republic of China (the PRC), and Malaysia, of which the company receives maximum revenue from the People's Republic of China.

Cheuk Nang (Holdings) (HKSE:00131) Headlines

No Headlines