GET Holdings (HKSE:08100) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is GET Holdings Debt-to-Equity?

GET Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.59 Mil. GET Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.29 Mil. GET Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$180.87 Mil. GET Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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

HKSE:08100' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.28
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of GET Holdings was 0.28. The lowest was 0.00. And the median was 0.01.

HKSE:08100's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs HKSE:08100: 0.01

GET Holdings Debt-to-Equity Historical Data

The historical data trend for GET 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.

GET Holdings Debt-to-Equity Chart

GET Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

GET 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															-	N/A	0.01	N/A	0.01

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

For the Software - Application subindustry, GET 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.

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

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

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

GET Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GET 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
	=	(0.592	+	0.287)	/	180.865
	=	0.00

GET 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
	=	(0.592	+	0.287)	/	180.865
	=	0.00

GET Holdings (HKSE:08100) 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.

GET Holdings Debt-to-Equity Related Terms

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

GET Holdings (HKSE:08100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GET Holdings Ltd (HKSE:08100) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

181-185 Gloucester Road, Room 1204-5, 12th Floor, Centre Point, Wanchai, Hong Kong, HKG

Website

http://www.geth.com.hk

GET Holdings Ltd is an investment company, which engages in providing computer system solutions, integration, and networking services. The company's operating segment includes Software Business; Securities Investment; Corporate Management Solutions and I.T. Contract Services Business and B2C Online Sales platforms and B2B Product Trading Business. Geographically, it derives a majority of its revenue from Hong Kong.

Executives

Wong Jing Shong

2101 Beneficial owner

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