Sinjia Land (SGX:5HH) Debt-to-Equity : 0.24 (As of Dec. 2023)

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What is Sinjia Land Debt-to-Equity?

Sinjia Land's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.27 Mil. Sinjia Land's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.16 Mil. Sinjia Land's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$1.78 Mil. Sinjia Land's debt to equity for the quarter that ended in Dec. 2023 was 0.24.

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 Sinjia Land's Debt-to-Equity or its related term are showing as below:

SGX:5HH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.35
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Sinjia Land was 0.35. The lowest was 0.02. And the median was 0.05.

SGX:5HH's Debt-to-Equity is ranked better than
68.5% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs SGX:5HH: 0.24

Sinjia Land Debt-to-Equity Historical Data

The historical data trend for Sinjia Land'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.

Sinjia Land Debt-to-Equity Chart

Sinjia Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.08

0.04

0.13

0.04

0.24

Sinjia Land 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															0.13	0.06	0.04	0.01	0.24

Competitive Comparison of Sinjia Land's Debt-to-Equity

For the Lodging subindustry, Sinjia Land'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.

Sinjia Land's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sinjia Land's Debt-to-Equity distribution charts can be found below:

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

Sinjia Land Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sinjia Land'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
	=	(0.269	+	0.16)	/	1.779
	=	0.24

Sinjia Land'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
	=	(0.269	+	0.16)	/	1.779
	=	0.24

Sinjia Land (SGX:5HH) 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.

Sinjia Land Debt-to-Equity Related Terms

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

Sinjia Land (SGX:5HH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sinjia Land Ltd (SGX:5HH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Block 16 Kallang Place, No. 01-16/18, Kallang Basin Industrial Estate, Singapore, SGP, 339156

Website

http://www.sinjl.com

Sinjia Land Ltd is an investment holding company. The Group also engages in hostel management, by managing and operating lodging and boarding houses, as well as backpackers hostels. The operating segment of the company are Hospitality Management which manages and operates lodging and boarding houses and backpackers hostels and Corporate Segment which is involved in Group level corporate services, treasury functions and investments.

Sinjia Land (SGX:5HH) Headlines

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