Legend Upstar Holdings (HKSE:00459) Debt-to-Equity : 0.36 (As of Dec. 2023)

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What is Legend Upstar Holdings Debt-to-Equity?

Legend Upstar Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$125.4 Mil. Legend Upstar Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$283.7 Mil. Legend Upstar Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,133.4 Mil. Legend Upstar Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.36.

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

HKSE:00459' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.31 Max: 0.43
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Legend Upstar Holdings was 0.43. The lowest was 0.01. And the median was 0.31.

HKSE:00459's Debt-to-Equity is ranked better than
68.98% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:00459: 0.36

Legend Upstar Holdings Debt-to-Equity Historical Data

The historical data trend for Legend Upstar 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.

Legend Upstar Holdings Debt-to-Equity Chart

Legend Upstar Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.33

0.40

0.43

0.36

Legend Upstar 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															0.40	0.40	0.43	0.37	0.36

Competitive Comparison of Legend Upstar Holdings's Debt-to-Equity

For the Real Estate Services subindustry, Legend Upstar 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.

Legend Upstar Holdings's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Legend Upstar Holdings's Debt-to-Equity distribution charts can be found below:

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

Legend Upstar Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Legend Upstar Holdings'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
	=	(125.417	+	283.668)	/	1133.445
	=	0.36

Legend Upstar 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
	=	(125.417	+	283.668)	/	1133.445
	=	0.36

Legend Upstar Holdings (HKSE:00459) 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.

Legend Upstar Holdings Debt-to-Equity Related Terms

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Legend Upstar Holdings (HKSE:00459) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Legend Upstar Holdings Ltd (HKSE:00459) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Des Voeux Road, Rooms 2505-8, 25th Floor, World-Wide House, Central, Hong Kong, HKG

Website

https://www.legendupstarholdings.com

Legend Upstar Holdings Ltd is an investment holding company. It is engaged in providing property agency services. The company's segments include Property agencies in respect of commercial, and industrial properties, and shops, Properties investment, Credit business, and Securities investment. It generates maximum revenue from the Property agency segment. The sources of the group's revenue are the agency fee, Rental income, interest income from credit business, and interest income from securities investment.

Executives

Luck Gain Holdings Limited	2201 Interest of corporation controlled by you
Wealth Builder Holdings Limited	2101 Beneficial owner
Tang Mei Lai Metty	2202 Interest of your spouse
Wong Kin Yip Freddie	2201 Interest of corporation controlled by you

Legend Upstar Holdings (HKSE:00459) Headlines

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