Allied Group (Allied Group) Debt-to-Equity : 0.56 (As of Jun. 2023)

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What is Allied Group Debt-to-Equity?

Allied Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.0 Mil. Allied Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $3,064.0 Mil. Allied Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $5,482.9 Mil. Allied Group's debt to equity for the quarter that ended in Jun. 2023 was 0.56.

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

ALEDY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 0.57 Max: 0.77
Current: 0.57

During the past 13 years, the highest Debt-to-Equity Ratio of Allied Group was 0.77. The lowest was 0.43. And the median was 0.57.

ALEDY's Debt-to-Equity is ranked better than
66.05% of 430 companies
in the Credit Services industry
Industry Median: 1.185 vs ALEDY: 0.57

Allied Group Debt-to-Equity Historical Data

The historical data trend for Allied 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.

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Allied Group Debt-to-Equity Chart

Allied Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.63

0.54

0.64

0.57

Allied 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															0.64	0.68	0.57	0.56	0.57

Competitive Comparison of Allied Group's Debt-to-Equity

For the Credit Services subindustry, Allied 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.

Allied Group's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Allied Group's Debt-to-Equity distribution charts can be found below:

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

Allied Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Allied Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	3153.518)	/	5537.866
	=	0.57

Allied Group's Debt to Equity Ratio for the quarter that ended in Jun. 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	+	3064.011)	/	5482.893
	=	0.56

Allied Group (OTCPK:ALEDY) 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.

Allied Group Debt-to-Equity Related Terms

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

Allied Group (Allied Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Allied Group Ltd (OTCPK:ALEDY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

00373:Hong Kong

Address

138 Gloucester Road, 22nd Floor, Allied Kajima Building, Wanchai, Hong Kong, HKG

Website

http://www.alliedgroup.com.hk

Allied Group Ltd is a Hong Kong-based investment holding company. The segments in which the company operates are investment and finance which includes investment and provision of mortgage loan and term loan financing. 2) Consumer finance segment includes the provision of consumer, SME and other financing. 3) Property development includes the business of development of properties. 4) Property investment includes property rental and hotel operations managed by third parties. 5) Property management includes the provision of property management, cleaning and security guarding services. 6) Elderly care services include the provision of elderly care services. 7) Corporate and other operations include corporate revenue and expenses, other operations and results of unallocated operations.

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