Pico Far East Holdings (HKSE:00752) Debt-to-Equity : 0.23 (As of Oct. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Pico Far East Holdings Debt-to-Equity?

Pico Far East Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was HK$205 Mil. Pico Far East Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was HK$314 Mil. Pico Far East Holdings's Total Stockholders Equity for the quarter that ended in Oct. 2023 was HK$2,261 Mil. Pico Far East Holdings's debt to equity for the quarter that ended in Oct. 2023 was 0.23.

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

HKSE:00752' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.23 Max: 0.44
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Pico Far East Holdings was 0.44. The lowest was 0.00. And the median was 0.23.

HKSE:00752's Debt-to-Equity is ranked better than
55.27% of 845 companies
in the Media - Diversified industry
Industry Median: 0.28 vs HKSE:00752: 0.23

Pico Far East Holdings Debt-to-Equity Historical Data

The historical data trend for Pico Far East 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.

Pico Far East Holdings Debt-to-Equity Chart

Pico Far East Holdings Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

Get a 7-Day Free Trial

0.31

0.43

0.40

0.44

0.23

Pico Far East Holdings Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial															0.40	0.40	0.44	0.37	0.23

Competitive Comparison of Pico Far East Holdings's Debt-to-Equity

For the Advertising Agencies subindustry, Pico Far East 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.

Pico Far East Holdings's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Pico Far East Holdings's Debt-to-Equity distribution charts can be found below:

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

Pico Far East Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pico Far East Holdings's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(204.605	+	313.507)	/	2261.271
	=	0.23

Pico Far East Holdings's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(204.605	+	313.507)	/	2261.271
	=	0.23

Pico Far East Holdings (HKSE:00752) 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.

Pico Far East Holdings Debt-to-Equity Related Terms

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

Pico Far East Holdings (HKSE:00752) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Pico Far East Holdings Ltd (HKSE:00752) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PJFB:Germany

Address

Pico House, 4 Dai Fu Street, Tai Po Industrial Estate, New Territories, Hong Kong, HKG

Website

https://www.pico.com

Pico Far East Holdings Ltd is in brand activation. It promotes brands provides exhibition and event marketing services. Its services include events, exhibitions, visual identity, interior and retail, themed environment, venue management, conference and exhibition management, expo, and sports. The company's operating segment includes Exhibition, event and brand activation; Visual branding activation; Museum and themed environment and Meeting architecture activation. It generates maximum revenue from the Exhibition, event and brand activation segment. Geographically, it derives a majority of revenue from Greater China.

Pico Far East Holdings (HKSE:00752) Headlines

No Headlines