Honliv Healthcare Management Group Co (HKSE:09906) Debt-to-Equity : 0.33 (As of Dec. 2023)

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What is Honliv Healthcare Management Group Co Debt-to-Equity?

Honliv Healthcare Management Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$171.5 Mil. Honliv Healthcare Management Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$26.2 Mil. Honliv Healthcare Management Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$592.7 Mil. Honliv Healthcare Management Group Co's debt to equity for the quarter that ended in Dec. 2023 was 0.33.

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 Honliv Healthcare Management Group Co's Debt-to-Equity or its related term are showing as below:

HKSE:09906' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.48 Max: 1.96
Current: 0.33

During the past 7 years, the highest Debt-to-Equity Ratio of Honliv Healthcare Management Group Co was 1.96. The lowest was 0.26. And the median was 0.48.

HKSE:09906's Debt-to-Equity is ranked better than
59.38% of 549 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs HKSE:09906: 0.33

Honliv Healthcare Management Group Co Debt-to-Equity Historical Data

The historical data trend for Honliv Healthcare Management Group Co'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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Honliv Healthcare Management Group Co Debt-to-Equity Chart

Honliv Healthcare Management Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.16

0.48

0.34

0.26

0.33

Honliv Healthcare Management Group Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.34	0.27	0.26	0.31	0.33

Competitive Comparison of Honliv Healthcare Management Group Co's Debt-to-Equity

For the Medical Care Facilities subindustry, Honliv Healthcare Management Group Co'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.

Honliv Healthcare Management Group Co's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Honliv Healthcare Management Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Honliv Healthcare Management Group Co's Debt-to-Equity falls into.

Honliv Healthcare Management Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Honliv Healthcare Management Group Co'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
	=	(171.534	+	26.181)	/	592.668
	=	0.33

Honliv Healthcare Management Group Co'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
	=	(171.534	+	26.181)	/	592.668
	=	0.33

Honliv Healthcare Management Group Co (HKSE:09906) 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.

Honliv Healthcare Management Group Co Debt-to-Equity Related Terms

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

Honliv Healthcare Management Group Co (HKSE:09906) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Honliv Healthcare Management Group Co Ltd (HKSE:09906) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Bo Ai Road (South), Changyuan County, Henan Province, Xinxiang, CHN

Website

https://www.honlivhp.com

Honliv Healthcare Management Group Co Ltd is engaged in providing comprehensive medical services and pharmaceutical services to the society in Mainland China. It generates revenue from Outpatient and Inpatient healthcare services.

Executives

Tct (bvi) Limited	2501 Other
The Core Trust Company Limited	2301 Trustee
Hwabao Trust Co., Ltd	2301 Trustee
Zhang Yuan Shi Tou Zi Ji Tuan You Xian Gong Si	2101 Beneficial owner
Rubrical Investment Limited	2501 Other
Sunny Rock Capital Limited	2101 Beneficial owner
Cao Jinming	2202 Interest of your spouse
Qin Hongchao	2501 Other
Qin Yan	2201 Interest of corporation controlled by you
Sun Mingyan	2202 Interest of your spouse

Honliv Healthcare Management Group Co (HKSE:09906) Headlines

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