OneForce Holdings (HKSE:01933) Debt-to-Equity : 0.37 (As of Sep. 2023)

View and export this data going back to 2018. Start your Free Trial

What is OneForce Holdings Debt-to-Equity?

OneForce Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$105.4 Mil. OneForce Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$3.5 Mil. OneForce Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$291.4 Mil. OneForce Holdings's debt to equity for the quarter that ended in Sep. 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 OneForce Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:01933' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.18 Max: 0.37
Current: 0.37

During the past 9 years, the highest Debt-to-Equity Ratio of OneForce Holdings was 0.37. The lowest was 0.07. And the median was 0.18.

HKSE:01933's Debt-to-Equity is ranked worse than
63.97% of 2215 companies
in the Software industry
Industry Median: 0.21 vs HKSE:01933: 0.37

OneForce Holdings Debt-to-Equity Historical Data

The historical data trend for OneForce 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.

OneForce Holdings Debt-to-Equity Chart

OneForce Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.09

0.07

0.15

0.21

0.28

OneForce Holdings Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial											0.18	0.21	0.24	0.28	0.37

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

For the Software - Application subindustry, OneForce 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.

OneForce Holdings's Debt-to-Equity Distribution in the Software Industry

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

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

OneForce Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

OneForce 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
	=	(81.848	+	4.188)	/	305.783
	=	0.28

OneForce 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
	=	(105.387	+	3.538)	/	291.374
	=	0.37

OneForce Holdings (HKSE:01933) 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.

OneForce Holdings Debt-to-Equity Related Terms

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

OneForce Holdings (HKSE:01933) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OneForce Holdings Ltd (HKSE:01933) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, 3rd Shang Di Street, 9th Floor, Tower E, Jia Hua Mansion, Haidian District, Beijing, CHN

Website

http://www.oneforce.com.hk

OneForce Holdings Ltd is engaged in the design, implementation, enhancement, and upgrades of software systems and the provision of technical services and hardware for the power grid and distribution companies in the People's Republic of China. Its operating segment includes Software and solutions; Technical Services and Products. The company generates maximum revenue from the Technical services segment. Geographically, it operates in China.

Executives

Trident Trust Company (cayman) Limited	2301 Trustee
Cao Mingda	2307 Founder of a discretionary trust who can infl
Toplight Management Limited	2201 Interest of corporation controlled by you
Pang Ziqian	2202 Interest of your spouse
Long Eagle International Limited
China Construction Bank Corporation	2201 Interest of corporation controlled by you
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Great Attain International Limited	2101 Beneficial owner
Wang Dongbin	2201 Interest of corporation controlled by you
Xiong Weiqin	2202 Interest of your spouse
Cao Wei	2201 Interest of corporation controlled by you
Smart East Limited	2201 Interest of corporation controlled by you
Wang Jiangping	2202 Interest of your spouse
An Ning	2202 Interest of your spouse
Zhang Jianhua	2202 Interest of your spouse

OneForce Holdings (HKSE:01933) Headlines

No Headlines