Twintek Investment Holdings (HKSE:06182) Debt-to-Equity : 0.56 (As of Sep. 2023)

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What is Twintek Investment Holdings Debt-to-Equity?

Twintek Investment Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$62.7 Mil. Twintek Investment Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.4 Mil. Twintek Investment Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$112.2 Mil. Twintek Investment Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.56.

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

HKSE:06182' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.31 Max: 1.71
Current: 0.56

During the past 9 years, the highest Debt-to-Equity Ratio of Twintek Investment Holdings was 1.71. The lowest was 0.16. And the median was 0.31.

HKSE:06182's Debt-to-Equity is ranked worse than
57.92% of 1516 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:06182: 0.56

Twintek Investment Holdings Debt-to-Equity Historical Data

The historical data trend for Twintek Investment 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.

Twintek Investment Holdings Debt-to-Equity Chart

Twintek Investment Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.23

0.29

0.23

0.31

0.52

Twintek Investment 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											0.25	0.31	0.39	0.52	0.56

Competitive Comparison of Twintek Investment Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, Twintek Investment 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.

Twintek Investment Holdings's Debt-to-Equity Distribution in the Construction Industry

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

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

Twintek Investment Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Twintek Investment 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
	=	(65.678	+	0.826)	/	129.083
	=	0.52

Twintek Investment 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
	=	(62.661	+	0.363)	/	112.2
	=	0.56

Twintek Investment Holdings (HKSE:06182) 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.

Twintek Investment Holdings Debt-to-Equity Related Terms

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Twintek Investment Holdings (HKSE:06182) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Twintek Investment Holdings Ltd (HKSE:06182) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1065 King's Road, Quarry Bay, Room 806, 8th Floor, Eastern Centre, Hong Kong, HKG

Website

https://www.kwantaieng.com

Twintek Investment Holdings Ltd is a building materials contractor. The company offers building materials and relevant installation services mainly in Hong Kong. Its products include timber flooring products; interior wall-fill materials, in particular, gypsum block and drywall partition products interior composite panel lining, in particular, SPC wall panels, and woodwork products; and roof tiles. The Group's revenue was generated from two segments of construction contracts, sales of building materials A majority of revenue is generated from the Construction contract segment. The group's operations are located in Hong Kong.

Executives

Helios Enterprise Holding Limited	2101 Beneficial owner
Fung Pik Mei	2202 Interest of your spouse
Lo Wing Cheung	2201 Interest of corporation controlled by you

Twintek Investment Holdings (HKSE:06182) Headlines

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