Affluent Partners Holdings (HKSE:01466) Debt-to-Equity : 0.05 (As of Sep. 2023)

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What is Affluent Partners Holdings Debt-to-Equity?

Affluent Partners Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$3.30 Mil. Affluent Partners Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.08 Mil. Affluent Partners Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$75.26 Mil. Affluent Partners Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.04.

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

HKSE:01466' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.22 Max: 0.89
Current: 0.05

During the past 10 years, the highest Debt-to-Equity Ratio of Affluent Partners Holdings was 0.89. The lowest was 0.04. And the median was 0.22.

HKSE:01466's Debt-to-Equity is ranked better than
92.5% of 1000 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs HKSE:01466: 0.05

Affluent Partners Holdings Debt-to-Equity Historical Data

The historical data trend for Affluent Partners 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.

Affluent Partners Holdings Debt-to-Equity Chart

Affluent Partners Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.27

0.46

0.69

0.89

0.04

Affluent Partners 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															0.84	0.89	0.07	0.04	0.05

Competitive Comparison of Affluent Partners Holdings's Debt-to-Equity

For the Luxury Goods subindustry, Affluent Partners 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.

Affluent Partners Holdings's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Affluent Partners Holdings's Debt-to-Equity distribution charts can be found below:

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

Affluent Partners Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Affluent Partners 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
	=	(2.758	+	0)	/	78.338
	=	0.04

Affluent Partners 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
	=	(3.302	+	0.084)	/	75.259
	=	0.04

Affluent Partners Holdings (HKSE:01466) 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.

Affluent Partners Holdings Debt-to-Equity Related Terms

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

Affluent Partners Holdings (HKSE:01466) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Affluent Partners Holdings Ltd (HKSE:01466) » Definitions » Debt-to-Equity

Traded in Other Exchanges

MNNGF:USA

Address

110-116 Queen’s Road Central, Room 906, 9th Floor, Wings Building, Central, Hong Kong, HKG

Website

http://www.affluent-partners.com

Affluent Partners Holdings Ltd is an investment holding company with subsidiaries engaged in purchasing, processing, designing, production, and wholesale distribution of pearls and jewelry products and operation of strategic investment and financial services. Its operating segment includes the Sale of pearls and jewelry products and Strategic investment and financial services. It generates maximum revenue from the Sale of pearls and jewelry products segment. It operates geographically in Hong Kong, the PRC, the USA, the UK, and Europe. It generates the majority of its revenue from the USA.

Executives

Su Yaoyao	2201 Interest of corporation controlled by you
Pacific Wish Limited
Ketto Inform Limited	2101 Beneficial owner
Chan Vincent Wing Sing
Hui Ka Man Emily

Affluent Partners Holdings (HKSE:01466) Headlines

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