Alltronics Holdings (HKSE:00833) Debt-to-Equity : 0.37 (As of Dec. 2023)

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What is Alltronics Holdings Debt-to-Equity?

Alltronics Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$226 Mil. Alltronics Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$10 Mil. Alltronics Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$642 Mil. Alltronics Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.37.

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

HKSE:00833' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.68 Max: 3.92
Current: 0.37

During the past 13 years, the highest Debt-to-Equity Ratio of Alltronics Holdings was 3.92. The lowest was 0.37. And the median was 0.68.

HKSE:00833's Debt-to-Equity is ranked worse than
57.01% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs HKSE:00833: 0.37

Alltronics Holdings Debt-to-Equity Historical Data

The historical data trend for Alltronics 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.

Alltronics Holdings Debt-to-Equity Chart

Alltronics Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.85

0.73

0.70

0.50

0.37

Alltronics 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															0.70	0.58	0.50	0.40	0.37

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

For the Electronic Components subindustry, Alltronics 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.

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

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

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

Alltronics Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alltronics 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
	=	(225.582	+	10.03)	/	642.165
	=	0.37

Alltronics 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
	=	(225.582	+	10.03)	/	642.165
	=	0.37

Alltronics Holdings (HKSE:00833) 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.

Alltronics Holdings Debt-to-Equity Related Terms

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

Alltronics Holdings (HKSE:00833) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Alltronics Holdings Ltd (HKSE:00833) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Whitfield Road, Unit 408, 4th Floor, Citicorp Centre, Causeway Bay, Hong Kong, HKG

Website

https://www.alltronics.com.hk

Alltronics Holdings Ltd is an investment holding company. The group has three reportable operating segments as follows: Electronic Products, Biodiesel Products and Energy Saving Business. The Electronic Products segment is engaged in the manufacturing and trading of electronic products, plastic moulds, plastic and other components for electronic products. The Biodiesel Products segment is engaged in the trading of biodiesel products in Hong Kong, and the Energy Saving Business segment is involved in the provision of energy-saving business solutions to customers. The majority of its revenue is derived from Electronic Products. Its primary geographic markets include the United States, Hong Kong, Europe, PRC and other overseas countries.

Executives

China Asset Management (hong Kong) Limited	2102 Investment manager
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Lam Yin Kee	2101 Beneficial owner
Yeung Po Wah	2202 Interest of your spouse
Liu Jing	2101 Beneficial owner
Profit International Holdings Limited	2101 Beneficial owner
Lijiang Investment Holdings Limited	2101 Beneficial owner

Alltronics Holdings (HKSE:00833) Headlines

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