Winox Holdings (HKSE:06838) Debt-to-Equity : 0.06 (As of Dec. 2023)

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What is Winox Holdings Debt-to-Equity?

Winox Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$52.1 Mil. Winox Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3.2 Mil. Winox Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,008.7 Mil. Winox Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

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

HKSE:06838' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.12 Max: 0.27
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Winox Holdings was 0.27. The lowest was 0.06. And the median was 0.12.

HKSE:06838's Debt-to-Equity is ranked better than
91.31% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs HKSE:06838: 0.06

Winox Holdings Debt-to-Equity Historical Data

The historical data trend for Winox 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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Winox Holdings Debt-to-Equity Chart

Winox Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.10

0.08

0.27

0.12

0.06

Winox 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															0.27	0.13	0.12	0.08	0.06

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

For the Luxury Goods subindustry, Winox 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.

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

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

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

Winox Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Winox 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
	=	(52.124	+	3.237)	/	1008.71
	=	0.05

Winox 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
	=	(52.124	+	3.237)	/	1008.71
	=	0.05

Winox Holdings (HKSE:06838) 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.

Winox Holdings Debt-to-Equity Related Terms

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Winox Holdings (HKSE:06838) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Winox Holdings Ltd (HKSE:06838) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

610 Cha Kwo Ling Road, Units 2 and 3, 1st Floor, Sunray Industrial Centre, Yau Tong, Kowloon, Hong Kong, HKG

Website

http://www.winox.com

Winox Holdings Ltd is an investment holding company principally engaged in the development and manufacture of premium stainless steel products, which include products such as watch bracelets, mobile phone cases and parts, smart wearable cases and parts, and fashion accessories. Its geographical segments include China, Taiwan, Switzerland, Hong Kong, Liechtenstein & other European countries, and Other countries. The majority of the revenue comes from the PRC. Its product includes Mobile phone cases and parts, Watch bracelets, Smart wearable cases and parts, and Fashion accessories.

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