Tse Sui Luen Jewellery (International) (HKSE:00417) Debt-to-Equity : 1.69 (As of Sep. 2023)

View and export this data going back to 1987. Start your Free Trial

What is Tse Sui Luen Jewellery (International) Debt-to-Equity?

Tse Sui Luen Jewellery (International)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$703 Mil. Tse Sui Luen Jewellery (International)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$608 Mil. Tse Sui Luen Jewellery (International)'s Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$778 Mil. Tse Sui Luen Jewellery (International)'s debt to equity for the quarter that ended in Sep. 2023 was 1.68.

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 Tse Sui Luen Jewellery (International)'s Debt-to-Equity or its related term are showing as below:

HKSE:00417' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.73 Med: 1.04 Max: 1.69
Current: 1.69

During the past 13 years, the highest Debt-to-Equity Ratio of Tse Sui Luen Jewellery (International) was 1.69. The lowest was 0.73. And the median was 1.04.

HKSE:00417's Debt-to-Equity is ranked worse than
83.03% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs HKSE:00417: 1.69

Tse Sui Luen Jewellery (International) Debt-to-Equity Historical Data

The historical data trend for Tse Sui Luen Jewellery (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.

* Premium members only.

Tse Sui Luen Jewellery (International) Debt-to-Equity Chart

Tse Sui Luen Jewellery (International) Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.73

1.39

1.19

1.02

1.49

Tse Sui Luen Jewellery (International) Semi-Annual Data
	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															1.09	1.02	1.39	1.49	1.69

Competitive Comparison of Tse Sui Luen Jewellery (International)'s Debt-to-Equity

For the Luxury Goods subindustry, Tse Sui Luen Jewellery (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.

Tse Sui Luen Jewellery (International)'s Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tse Sui Luen Jewellery (International)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tse Sui Luen Jewellery (International)'s Debt-to-Equity falls into.

Tse Sui Luen Jewellery (International) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tse Sui Luen Jewellery (International)'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
	=	(665.749	+	661.487)	/	894.058
	=	1.48

Tse Sui Luen Jewellery (International)'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
	=	(702.708	+	608.385)	/	778.247
	=	1.68

Tse Sui Luen Jewellery (International) (HKSE:00417) 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.

Tse Sui Luen Jewellery (International) Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Tse Sui Luen Jewellery (International)'s Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Tse Sui Luen Jewellery (International) (HKSE:00417) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tse Sui Luen Jewellery (International) Ltd (HKSE:00417) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

30 Man Yue Street, Ground Floor, Block B, Summit Building, Hunghom, Kowloon, Hong Kong, HKG

Website

https://www.tslj.com

Tse Sui Luen Jewellery (International) Ltd is an investment holding company. It is engaged in the manufacture, sale, and marketing of jewelry products as well as the provision of service. The company's operating segment includes Retail Business, Wholesale Business, E-Business, and Other Businesses. It generates maximum revenue from the Retail Business segment which includes direct retail sales of jewellery products to end consumers through the physical outlets. The group derives revenue from the customers in Hong Kong and Macau, Mainland China and other countries.

Tse Sui Luen Jewellery (International) (HKSE:00417) Headlines

No Headlines