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Hang Lung Group (Hang Lung Group) Debt-to-Equity : 0.54 (As of Dec. 2023)


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What is Hang Lung Group Debt-to-Equity?

Hang Lung Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $572 Mil. Hang Lung Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,955 Mil. Hang Lung Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $12,082 Mil. Hang Lung Group's debt to equity for the quarter that ended in Dec. 2023 was 0.54.

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 Hang Lung Group's Debt-to-Equity or its related term are showing as below:

HNLGY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34   Med: 0.45   Max: 0.54
Current: 0.54

During the past 13 years, the highest Debt-to-Equity Ratio of Hang Lung Group was 0.54. The lowest was 0.34. And the median was 0.45.

HNLGY's Debt-to-Equity is ranked better than
60.32% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs HNLGY: 0.54

Hang Lung Group Debt-to-Equity Historical Data

The historical data trend for Hang Lung Group'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.

Hang Lung Group Debt-to-Equity Chart

Hang Lung Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.42 0.48 0.50 0.54

Hang Lung Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.48 0.50 0.52 0.54

Competitive Comparison of Hang Lung Group's Debt-to-Equity

For the Real Estate Services subindustry, Hang Lung Group'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.


Hang Lung Group's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hang Lung Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hang Lung Group's Debt-to-Equity falls into.



Hang Lung Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hang Lung Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Hang Lung Group's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Hang Lung Group  (OTCPK:HNLGY) 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.


Hang Lung Group Debt-to-Equity Related Terms

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Hang Lung Group (Hang Lung Group) Business Description

Traded in Other Exchanges
Address
4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG
Hang Lung Group Ltd is an investment holding company engaged in the property leasing business. The Company operates its business through two segments. The Property Leasing segment engages in the property leasing operation. The Company's investment properties portfolio consists of retail, office, residential, serviced apartments, and car parks, located in mainland China and Hong Kong, and the Property Sales segment engages in the development and sale of trading properties in mainland China and Hong Kong. It derives a majority of its revenue from the property leasing segment.

Hang Lung Group (Hang Lung Group) Headlines