Wan Kei Group Holdings (HKSE:01718) Debt-to-Equity : 0.02 (As of Sep. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Wan Kei Group Holdings Debt-to-Equity?

Wan Kei Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1.3 Mil. Wan Kei Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1.4 Mil. Wan Kei Group Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$135.2 Mil. Wan Kei Group Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.02.

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

HKSE:01718' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.6
Current: 0.02

During the past 9 years, the highest Debt-to-Equity Ratio of Wan Kei Group Holdings was 0.60. The lowest was 0.01. And the median was 0.03.

HKSE:01718's Debt-to-Equity is ranked better than
95.57% of 1511 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:01718: 0.02

Wan Kei Group Holdings Debt-to-Equity Historical Data

The historical data trend for Wan Kei Group 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.

Wan Kei Group Holdings Debt-to-Equity Chart

Wan Kei Group Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.01

0.03

0.02

Wan Kei Group Holdings Semi-Annual Data
	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														0.03	0.02	0.01	0.02	0.02

Competitive Comparison of Wan Kei Group Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, Wan Kei Group 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.

Wan Kei Group Holdings's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wan Kei Group Holdings's Debt-to-Equity distribution charts can be found below:

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

Wan Kei Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wan Kei Group 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
	=	(0.974	+	0.872)	/	117.337
	=	0.02

Wan Kei Group 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
	=	(1.321	+	1.373)	/	135.153
	=	0.02

Wan Kei Group Holdings (HKSE:01718) 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.

Wan Kei Group Holdings Debt-to-Equity Related Terms

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

Wan Kei Group Holdings (HKSE:01718) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wan Kei Group Holdings Ltd (HKSE:01718) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 288 Hennessy Road, Unit No. 07, 16th Floor Emperor Group Centre, Wanchai, Hong Kong, HKG

Website

http://www.hkex1718.hk

Wan Kei Group Holdings Ltd is an engineering and construction company. It is engaged in the provision of foundation works including mini piles, pipe piles, and king posts. It also offers socketed steel, driven piles, and pre-drilling works. The operating business segments are Foundation Construction, Ground Investigation Services, Trading of beauty and skin care products and Financial Services. The Foundation construction segment provides foundation construction works to customers in Hong Kong, the Ground investigation services segment provides ground investigation services to customers in Hong Kong, Financial services segment provides investment, financing, and moneylending services. The company derives revenue mainly from the Foundation construction segment.

Wan Kei Group Holdings (HKSE:01718) Headlines

No Headlines