Kwong Luen Engineering Holdings (HKSE:01413) Debt-to-Equity : 0.06 (As of Sep. 2023)

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What is Kwong Luen Engineering Holdings Debt-to-Equity?

Kwong Luen Engineering Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$14.4 Mil. Kwong Luen Engineering Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1.7 Mil. Kwong Luen Engineering Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$258.8 Mil. Kwong Luen Engineering Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.06.

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

HKSE:01413' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 0.21
Current: 0.06

During the past 6 years, the highest Debt-to-Equity Ratio of Kwong Luen Engineering Holdings was 0.21. The lowest was 0.01. And the median was 0.08.

HKSE:01413's Debt-to-Equity is ranked better than
87.61% of 1517 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:01413: 0.06

Kwong Luen Engineering Holdings Debt-to-Equity Historical Data

The historical data trend for Kwong Luen Engineering 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.

Kwong Luen Engineering Holdings Debt-to-Equity Chart

Kwong Luen Engineering Holdings Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.07

0.05

0.08

0.10

0.01

Kwong Luen Engineering Holdings Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial					0.10	0.10	0.09	0.01	0.06

Competitive Comparison of Kwong Luen Engineering Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, Kwong Luen Engineering 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.

Kwong Luen Engineering Holdings's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kwong Luen Engineering Holdings's Debt-to-Equity distribution charts can be found below:

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

Kwong Luen Engineering Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kwong Luen Engineering 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
	=	(1.116	+	2.01)	/	249.121
	=	0.01

Kwong Luen Engineering 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
	=	(14.356	+	1.703)	/	258.761
	=	0.06

Kwong Luen Engineering Holdings (HKSE:01413) 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.

Kwong Luen Engineering Holdings Debt-to-Equity Related Terms

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Kwong Luen Engineering Holdings (HKSE:01413) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kwong Luen Engineering Holdings Ltd (HKSE:01413) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Sha Tsui Road, Unit 2909-2910, 29th Floor, The Octagon, Tsuen Wan, New Territories, Hong Kong, HKG

Website

https://www.kwong-luen.com.hk

Kwong Luen Engineering Holdings Ltd is a foundation works contractor in Hong Kong. The foundation work of the company is mainly comprised of excavation and lateral support works and other associated works including pile cap construction, underground drainage work, and site formation works. The group's operations are located in Hong Kong.

Executives

Kwong Luen Prosperity Limited	2101 Beneficial owner
Kwan Chui Ling	2201 Interest of corporation controlled by you
Yip Kwong Cheung	2201 Interest of corporation controlled by you
Ma Wenkui
Lin Tongbing
Yang Zhenwei

Kwong Luen Engineering Holdings (HKSE:01413) Headlines

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