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HSBC China Dragon Fund (HKSE:820) Debt-to-Equity : 0.00 (As of Sep. 2023)


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What is HSBC China Dragon Fund Debt-to-Equity?

HSBC China Dragon Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.00 Mil. HSBC China Dragon Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.19 Mil. HSBC China Dragon Fund's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$463.54 Mil. HSBC China Dragon Fund's debt to equity for the quarter that ended in Sep. 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 HSBC China Dragon Fund's Debt-to-Equity or its related term are showing as below:

HKSE:820's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

HSBC China Dragon Fund Debt-to-Equity Historical Data

The historical data trend for HSBC China Dragon Fund'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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HSBC China Dragon Fund Debt-to-Equity Chart

HSBC China Dragon Fund Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
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HSBC China Dragon Fund Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of HSBC China Dragon Fund's Debt-to-Equity

For the Asset Management subindustry, HSBC China Dragon Fund'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.


HSBC China Dragon Fund's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, HSBC China Dragon Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where HSBC China Dragon Fund's Debt-to-Equity falls into.



HSBC China Dragon Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HSBC China Dragon Fund's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

HSBC China Dragon Fund's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

* 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.


HSBC China Dragon Fund  (HKSE:820) 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.


HSBC China Dragon Fund Debt-to-Equity Related Terms

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


HSBC China Dragon Fund (HKSE:820) Business Description

Traded in Other Exchanges
N/A
Address
1 Queen's Road Central, Level 22, HSBC Main Building, Hong Kong, HKG
HSBC China Dragon Fund is an asset management company. The firm's investment objective is to achieve long-term capital growth by investing in listed companies.
Executives
Metage Capital Limited 2102 Investment manager
Lazard Asset Management Llc 2102 Investment manager

HSBC China Dragon Fund (HKSE:820) Headlines

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