Eminence Enterprise (HKSE:00616) Debt-to-Equity : 0.71 (As of Sep. 2023)

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What is Eminence Enterprise Debt-to-Equity?

Eminence Enterprise's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1,134.24 Mil. Eminence Enterprise's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1,056.56 Mil. Eminence Enterprise's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$3,084.01 Mil. Eminence Enterprise's debt to equity for the quarter that ended in Sep. 2023 was 0.71.

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 Eminence Enterprise's Debt-to-Equity or its related term are showing as below:

HKSE:00616' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.42 Max: 0.71
Current: 0.71

During the past 13 years, the highest Debt-to-Equity Ratio of Eminence Enterprise was 0.71. The lowest was 0.08. And the median was 0.42.

HKSE:00616's Debt-to-Equity is ranked better than
52.31% of 1579 companies
in the Real Estate industry
Industry Median: 0.75 vs HKSE:00616: 0.71

Eminence Enterprise Debt-to-Equity Historical Data

The historical data trend for Eminence Enterprise'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.

Eminence Enterprise Debt-to-Equity Chart

Eminence Enterprise Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.42

0.52

0.55

0.58

0.63

Eminence Enterprise 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															0.55	0.58	0.56	0.63	0.71

Competitive Comparison of Eminence Enterprise's Debt-to-Equity

For the Real Estate Services subindustry, Eminence Enterprise'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.

Eminence Enterprise's Debt-to-Equity Distribution in the Real Estate Industry

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

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

Eminence Enterprise Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eminence Enterprise'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
	=	(545.74	+	1487.388)	/	3235.166
	=	0.63

Eminence Enterprise'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
	=	(1134.243	+	1056.558)	/	3084.011
	=	0.71

Eminence Enterprise (HKSE:00616) 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.

Eminence Enterprise Debt-to-Equity Related Terms

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

Eminence Enterprise (HKSE:00616) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Eminence Enterprise Ltd (HKSE:00616) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

481-483 Castle Peak Road, Block A, 7th Floor Hong Kong Spinners Building, Phase 6, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

http://www.eminence-enterprise.com

Eminence Enterprise Ltd is principally engaged in property investment, property development, investment in securities and loan financing business segments. The company owns and invests in residential, commercial, and industrial properties. It is also involved sourcing and exporting garments, and holding and leasing residential and industrial investment properties. The firm generates its majority revenue from the Property investment segment.

Executives

Ng Wang Chun Joseph	2101 Beneficial owner
Magical Profits Limited	2201 Interest of corporation controlled by you
Chang Ping Kwan	2101 Beneficial owner
Or Victor	2101 Beneficial owner
Chan Lo Chiu Angus	2101 Beneficial owner
Chu Nin Yiu, Stephen	2101 Beneficial owner
Markson International Holding Limited	2201 Interest of corporation controlled by you
Hooper Ivan Geoffrey Douglas	2201 Interest of corporation controlled by you
Easyknit International Holdings Limited	2201 Interest of corporation controlled by you
Accumulate More Profits Limited	2201 Interest of corporation controlled by you
Goodco Development Limited	2101 Beneficial owner
Easyknit Properties Holdings Limited	2201 Interest of corporation controlled by you
Winterbotham Holdings Limited	2201 Interest of corporation controlled by you
The Winterbotham Trust Company Limited As Trustee Of The Magical 2000 Trust	2201 Interest of corporation controlled by you
Hooper Christopher Geoffrey Douglas	2201 Interest of corporation controlled by you

Eminence Enterprise (HKSE:00616) Headlines

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