Sunwah Kingsway Capital Holdings (HKSE:00188) Debt-to-Equity : 0.08 (As of Dec. 2023)

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What is Sunwah Kingsway Capital Holdings Debt-to-Equity?

Sunwah Kingsway Capital Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$60.57 Mil. Sunwah Kingsway Capital Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.31 Mil. Sunwah Kingsway Capital Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$765.42 Mil. Sunwah Kingsway Capital Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.08.

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 Sunwah Kingsway Capital Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:00188' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.08 Max: 0.14
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of Sunwah Kingsway Capital Holdings was 0.14. The lowest was 0.02. And the median was 0.08.

HKSE:00188's Debt-to-Equity is ranked better than
73.98% of 611 companies
in the Capital Markets industry
Industry Median: 0.36 vs HKSE:00188: 0.08

Sunwah Kingsway Capital Holdings Debt-to-Equity Historical Data

The historical data trend for Sunwah Kingsway Capital 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.

Sunwah Kingsway Capital Holdings Debt-to-Equity Chart

Sunwah Kingsway Capital Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.02

0.06

0.14

0.12

0.10

Sunwah Kingsway Capital 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															0.07	0.12	0.08	0.10	0.08

Competitive Comparison of Sunwah Kingsway Capital Holdings's Debt-to-Equity

For the Capital Markets subindustry, Sunwah Kingsway Capital 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.

Sunwah Kingsway Capital Holdings's Debt-to-Equity Distribution in the Capital Markets Industry

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

* The bar in red indicates where Sunwah Kingsway Capital Holdings's Debt-to-Equity falls into.

Sunwah Kingsway Capital Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sunwah Kingsway Capital 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
	=	(75.8	+	0.375)	/	804.609
	=	0.09

Sunwah Kingsway Capital 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
	=	(60.572	+	0.31)	/	765.416
	=	0.08

Sunwah Kingsway Capital Holdings (HKSE:00188) 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.

Sunwah Kingsway Capital Holdings Debt-to-Equity Related Terms

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Sunwah Kingsway Capital Holdings (HKSE:00188) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sunwah Kingsway Capital Holdings Ltd (HKSE:00188) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Queensway, 7th Floor, Tower One, Lippo Centre, Hong Kong, HKG

Website

https://www.sunwahkingsway.com

Sunwah Kingsway Capital Holdings Ltd is a financial services provider in Hong Kong. The company's segment includes Brokerage and financing; Corporate finance and capital markets; Asset management and others. It generates maximum revenue from the Brokerage and financing segment. The Brokerage and financing segment includes the provision of securities, options, funds, futures and commodities brokerage services, margin and other financing, factoring and other related services.

Executives

Choi Koon Ming	2101 Beneficial owner
Choi Koon Shum	2201 Interest of corporation controlled by you
Sunwah International Limited	2201 Interest of corporation controlled by you
World Developments Limited	2101 Beneficial owner
Sun Wah Capital Limited

Sunwah Kingsway Capital Holdings (HKSE:00188) Headlines

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