Pokfulam Development Co (HKSE:00225) Debt-to-Equity

: 0.07 (As of Sep. 2023)

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Pokfulam Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$384.4 Mil. Pokfulam Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.0 Mil. Pokfulam Development Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$5,250.3 Mil. Pokfulam Development Co's debt to equity for the quarter that ended in Sep. 2023 was 0.07.

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 Pokfulam Development Co's Debt-to-Equity or its related term are showing as below:

HKSE:00225' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.07
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Pokfulam Development Co was 0.07. The lowest was 0.01. And the median was 0.01.

HKSE:00225's Debt-to-Equity is ranked better than
89.73% of 1587 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:00225: 0.07

Pokfulam Development Co Debt-to-Equity Historical Data

The historical data trend for Pokfulam Development 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.

* Premium members only.

Pokfulam Development Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

0.01

0.06

0.07

Pokfulam Development Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity																0.01	0.06	0.06	0.07	0.07

Competitive Comparison

For the Real Estate Services subindustry, Pokfulam Development 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.

Pokfulam Development Co Debt-to-Equity Distribution

For the Real Estate industry and Real Estate sector, Pokfulam Development Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Pokfulam Development Co's Debt-to-Equity falls into.

Pokfulam Development Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pokfulam Development Co's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(384.438	+	0)	/	5250.254
	=	0.07

Pokfulam Development Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(384.438	+	0)	/	5250.254
	=	0.07

Pokfulam Development Co (HKSE:00225) 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.

Pokfulam Development Co Debt-to-Equity Related Terms

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Pokfulam Development Co (HKSE:00225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Pokfulam Development Co Ltd (HKSE:00225) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

93-107 Lockhart Road, 23rd Floor, Beverly House, Wanchai, Hong Kong, HKG

Website

https://www.pokfulam.com.hk

Pokfulam Development Co Ltd is a property investment and investment holding company. The company operates mainly in three business segments: Property Investment and Management segment is engaged in the letting and management of commercial industrial and residential properties; Trading of Goods segment is involved in the trading of visual and sound equipment, and home appliances; and Securities Investment segment deals in listed securities. The majority of its revenue is derived from Property Investment and Management. The company's portfolio includes residential developments as well as commercial and industrial buildings. All of its revenues are generated in Hong Kong.

Pokfulam Development Co (HKSE:00225) Headlines

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