Wing On Co International (HKSE:00289) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Wing On Co International Debt-to-Equity?

Wing On Co International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$17 Mil. Wing On Co International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$37 Mil. Wing On Co International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$18,356 Mil. Wing On Co International's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Wing On Co International's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Wing On Co International was 0.02. The lowest was 0.00. And the median was 0.01.

HKSE:00289's Debt-to-Equity is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 0.62
* Ranked among companies with meaningful Debt-to-Equity only.

Wing On Co International Debt-to-Equity Historical Data

The historical data trend for Wing On Co International'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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Wing On Co International Debt-to-Equity Chart

Wing On Co International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

Wing On Co International 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															-	-	-	-	-

Competitive Comparison of Wing On Co International's Debt-to-Equity

For the Department Stores subindustry, Wing On Co International'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.

Wing On Co International's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Wing On Co International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Wing On Co International's Debt-to-Equity falls into.

Wing On Co International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wing On Co International's Debt to Equity Ratio for the fiscal year 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
	=	(16.534	+	36.855)	/	18355.83
	=	0.00

Wing On Co International'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
	=	(16.534	+	36.855)	/	18355.83
	=	0.00

Wing On Co International (HKSE:00289) 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.

Wing On Co International Debt-to-Equity Related Terms

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Wing On Co International (HKSE:00289) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wing On Co International Ltd (HKSE:00289) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

211 Des Voeux Road Central, 7th Floor, Wing On Centre, Hong Kong, HKG

Website

https://www.wingon.hk

Wing On Co International Ltd operates department stores. It also invests in properties. The company has two segments namely, Department Stores and Property Investment. Department stores segment operates department stores in Hong Kong, while the Property Investment segment engages in leasing commercial premises to generate rental income. Its investment property portfolio is spread across Hong Kong, Australia, and the United States of America. The firm derives most of its revenues from department stores.

Executives

Kee Wai Investment Company (bvi) Limited	2201 Interest of corporation controlled by you
Wing On Corporate Management (bvi) Limited	2201 Interest of corporation controlled by you
Wing On International Holdings Limited	2201 Interest of corporation controlled by you

Wing On Co International (HKSE:00289) Headlines

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