EEKA Fashion Holdings (HKSE:03709) Debt-to-Equity : 0.28 (As of Dec. 2023)

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What is EEKA Fashion Holdings Debt-to-Equity?

EEKA Fashion Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,076 Mil. EEKA Fashion Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$309 Mil. EEKA Fashion Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$5,006 Mil. EEKA Fashion Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.28.

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

HKSE:03709' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.21 Max: 0.32
Current: 0.28

During the past 11 years, the highest Debt-to-Equity Ratio of EEKA Fashion Holdings was 0.32. The lowest was 0.07. And the median was 0.21.

HKSE:03709's Debt-to-Equity is ranked better than
69.76% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs HKSE:03709: 0.28

EEKA Fashion Holdings Debt-to-Equity Historical Data

The historical data trend for EEKA Fashion 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.

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EEKA Fashion Holdings Debt-to-Equity Chart

EEKA Fashion Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.26

0.28

0.32

0.30

0.28

EEKA Fashion Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.32	0.30	0.30	0.29	0.28

Competitive Comparison of EEKA Fashion Holdings's Debt-to-Equity

For the Apparel Retail subindustry, EEKA Fashion 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.

EEKA Fashion Holdings's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

EEKA Fashion Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EEKA Fashion Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(1076.162	+	308.661)	/	5006.124
	=	0.28

EEKA Fashion Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(1076.162	+	308.661)	/	5006.124
	=	0.28

EEKA Fashion Holdings (HKSE:03709) 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.

EEKA Fashion Holdings Debt-to-Equity Related Terms

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

EEKA Fashion Holdings (HKSE:03709) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » EEKA Fashion Holdings Ltd (HKSE:03709) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Terra 4th Road, 26thFloor, B Block, Terra Licheng Building, Futian District, Guangdong Province, Shenzhen, CHN, 518040

Website

http://www.eekagroup.com

EEKA Fashion Holdings Ltd is a women's clothing manufacturer and retailer in China. Its high-end Koradior, La Koradior and Koradior Elsewhere brands target women between 30 and 45 years old with dresses, skirts, trousers, shirts, knitwear, vests, jackets, overcoats, scarves, and accessories. The vast majority of its sales are direct to customers through company-operated retail stores. The company also sells its items through third-party e-commerce platforms and through distributor-operated retail stores. Virtually all of its revenue is generated in China.

EEKA Fashion Holdings (HKSE:03709) Headlines

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