Alco Holdings (HKSE:00328) Debt-to-Equity : -1.80 (As of Sep. 2023)

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What is Alco Holdings Debt-to-Equity?

Alco Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$244.3 Mil. Alco Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.5 Mil. Alco Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$-135.9 Mil. Alco Holdings's debt to equity for the quarter that ended in Sep. 2023 was -1.80.

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

HKSE:00328' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.76 Med: 0.17 Max: 4.72
Current: -1.8

During the past 13 years, the highest Debt-to-Equity Ratio of Alco Holdings was 4.72. The lowest was -2.76. And the median was 0.17.

HKSE:00328's Debt-to-Equity is not ranked
in the Hardware industry.
Industry Median: 0.29 vs HKSE:00328: -1.80

Alco Holdings Debt-to-Equity Historical Data

The historical data trend for Alco 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.

Alco Holdings Debt-to-Equity Chart

Alco Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.14

0.58

1.88

-2.76

-0.20

Alco Holdings 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															4.72	-2.76	-0.92	-0.20	-1.80

Competitive Comparison of Alco Holdings's Debt-to-Equity

For the Consumer Electronics subindustry, Alco 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.

Alco Holdings's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Alco Holdings's Debt-to-Equity distribution charts can be found below:

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

Alco Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alco Holdings'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
	=	(154.82	+	1.491)	/	-788.648
	=	-0.20

Alco Holdings'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
	=	(244.287	+	0.525)	/	-135.925
	=	-1.80

Alco Holdings (HKSE:00328) 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.

Alco Holdings Debt-to-Equity Related Terms

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

Alco Holdings (HKSE:00328) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Alco Holdings Ltd (HKSE:00328) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

2 On Yiu Street, 11th Floor, Metropole Square, Sha Tin, New Territories, Hong Kong, HKG

Website

https://www.alco.com.hk

Alco Holdings Ltd is an investment holding company. The company's operating segment includes AV products and Notebook products. It generates maximum revenue from the Notebook products segment. The AV products segment is involved in the design, manufacture, and sale of consumer electronic products, including audio, video, and tablet products. Its Notebook products segment is engaged in the design, manufacture, and sale of commercial notebooks and personal computer products. Geographically, it derives a majority of its revenue from Asia and also has a presence in North America; Europe, and Other Countries.

Alco Holdings (HKSE:00328) Headlines

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