State Energy Group International Assets Holdings (HKSE:00918) Debt-to-Equity : 0.18 (As of Sep. 2023)

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What is State Energy Group International Assets Holdings Debt-to-Equity?

State Energy Group International Assets Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$60.7 Mil. State Energy Group International Assets Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.0 Mil. State Energy Group International Assets Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$344.6 Mil. State Energy Group International Assets Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.18.

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 State Energy Group International Assets Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:00918' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 1.42 Max: 8.8
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of State Energy Group International Assets Holdings was 8.80. The lowest was 0.00. And the median was 1.42.

HKSE:00918's Debt-to-Equity is ranked better than
73.85% of 933 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs HKSE:00918: 0.18

State Energy Group International Assets Holdings Debt-to-Equity Historical Data

The historical data trend for State Energy Group International Assets 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.

State Energy Group International Assets Holdings Debt-to-Equity Chart

State Energy Group International Assets Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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8.67

7.14

1.37

0.02

0.15

State Energy Group International Assets Holdings 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															-	0.02	0.10	0.15	0.18

Competitive Comparison of State Energy Group International Assets Holdings's Debt-to-Equity

For the Apparel Manufacturing subindustry, State Energy Group International Assets 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.

State Energy Group International Assets Holdings's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, State Energy Group International Assets Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where State Energy Group International Assets Holdings's Debt-to-Equity falls into.

State Energy Group International Assets Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

State Energy Group International Assets Holdings'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
	=	(41.06	+	0)	/	276.205
	=	0.15

State Energy Group International Assets Holdings'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
	=	(60.739	+	0)	/	344.645
	=	0.18

State Energy Group International Assets Holdings (HKSE:00918) 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.

State Energy Group International Assets Holdings Debt-to-Equity Related Terms

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State Energy Group International Assets Holdings (HKSE:00918) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » State Energy Group International Assets Holdings Ltd (HKSE:00918) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Hok Cheung Street, Unit 13, 5th Floor, Tower 1, Harbour Centre, Hung Hom, Kowloon, Hong Kong, HKG

Website

http://www.seiah.com/en/companyInfo

State Energy Group International Assets Holdings Ltd is an investment holding company. It is principally engaged in the sourcing, subcontracting, marketing, and selling of outerwear garments and sportswear products, property investment, and provision of marketing services. The company's operating segment includes Garment business; Property investment and Marketing services. Revenue mainly represents the consideration of goods sold, rental income received and receivable and marketing services provided. It generates maximum revenue from the Garment business segment.

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