Yu Tak International Holdings (HKSE:08048) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Yu Tak International Holdings Debt-to-Equity?

Yu Tak International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1.04 Mil. Yu Tak International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1.09 Mil. Yu Tak International Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$81.49 Mil. Yu Tak International Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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

HKSE:08048' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.03
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Yu Tak International Holdings was 0.03. The lowest was 0.01. And the median was 0.02.

HKSE:08048's Debt-to-Equity is ranked better than
86.99% of 2213 companies
in the Software industry
Industry Median: 0.21 vs HKSE:08048: 0.03

Yu Tak International Holdings Debt-to-Equity Historical Data

The historical data trend for Yu Tak International 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.

Yu Tak International Holdings Debt-to-Equity Chart

Yu Tak International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.02

0.03

Yu Tak International Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.02	N/A	0.02	N/A	0.03

Competitive Comparison of Yu Tak International Holdings's Debt-to-Equity

For the Software - Application subindustry, Yu Tak International 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.

Yu Tak International Holdings's Debt-to-Equity Distribution in the Software Industry

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

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

Yu Tak International Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yu Tak International 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
	=	(1.037	+	1.088)	/	81.492
	=	0.03

Yu Tak International 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
	=	(1.037	+	1.088)	/	81.492
	=	0.03

Yu Tak International Holdings (HKSE:08048) 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.

Yu Tak International Holdings Debt-to-Equity Related Terms

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Yu Tak International Holdings (HKSE:08048) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Yu Tak International Holdings Ltd (HKSE:08048) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

199, Des Voeux Road Central, 35/F Infinitius Plaza, Sheung Wan, Hong Kong, HKG

Website

http://www.hkjewelry.net

Yu Tak International Holdings Limited, formerly Hong Kong Jewellery Holding Limited, is a Hong Kong-based investment holding company principally engaged in information technology (IT) related businesses. The Company operates through two business segments. The Jewelry Products segment is engaged in the design and sales of gold and jewelry products. The IT Products and Services segment is engaged in the provision of information technology services, including systems integration and professional services, as well as the sales of products, including enterprise software products. sia.

Executives

Lau Cheunghung	2101 Beneficial owner
Ocean Expert Investments Limited	2101 Beneficial owner
Li Xia	2201 Interest of corporation controlled by you
Flourish Zone Limited	2101 Beneficial owner
Ck Hutchison Holdings Limited
Chen Yin

Yu Tak International Holdings (HKSE:08048) Headlines

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