International Housewares Retail Co (HKSE:01373) Debt-to-Equity : 0.73 (As of Oct. 2023)

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What is International Housewares Retail Co Debt-to-Equity?

International Housewares Retail Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was HK$294 Mil. International Housewares Retail Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was HK$348 Mil. International Housewares Retail Co's Total Stockholders Equity for the quarter that ended in Oct. 2023 was HK$875 Mil. International Housewares Retail Co's debt to equity for the quarter that ended in Oct. 2023 was 0.73.

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 International Housewares Retail Co's Debt-to-Equity or its related term are showing as below:

HKSE:01373' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.11 Max: 0.77
Current: 0.73

During the past 11 years, the highest Debt-to-Equity Ratio of International Housewares Retail Co was 0.77. The lowest was 0.03. And the median was 0.11.

HKSE:01373's Debt-to-Equity is ranked worse than
55.48% of 1004 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs HKSE:01373: 0.73

International Housewares Retail Co Debt-to-Equity Historical Data

The historical data trend for International Housewares Retail 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.

International Housewares Retail Co Debt-to-Equity Chart

International Housewares Retail Co Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

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0.06

0.69

0.62

0.60

0.66

International Housewares Retail Co Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial															0.60	0.60	0.54	0.66	0.73

Competitive Comparison of International Housewares Retail Co's Debt-to-Equity

For the Specialty Retail subindustry, International Housewares Retail 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.

International Housewares Retail Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, International Housewares Retail Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where International Housewares Retail Co's Debt-to-Equity falls into.

International Housewares Retail Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

International Housewares Retail Co's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(300.462	+	295.268)	/	896.963
	=	0.66

International Housewares Retail Co's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(294.03	+	348.467)	/	875.434
	=	0.73

International Housewares Retail Co (HKSE:01373) 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.

International Housewares Retail Co Debt-to-Equity Related Terms

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International Housewares Retail Co (HKSE:01373) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » International Housewares Retail Co Ltd (HKSE:01373) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Southmark, 11 Yip Hing Street, 20th Floor, Tower B, Wong Chuk Hang, Hong Kong, HKG

Website

http://www.ihr.com.hk

International Housewares Retail Co Ltd and its subsidiaries are houseware retail chains in Hong Kong, Singapore, and Macau. The group offers houseware products through a retail network comprising stores in Hong Kong, Singapore, Macau, Cambodia, East Malaysia, Saudi Arabia and Australia under brands including Japan Home Centre, City Life, Epo gifts and stationery, 123 by ELLA, and Japan Home. The group has reportable operating segments namely Retail, Wholesales, Licensing and others. Hong Kong is the key market of the group, accounting for majorly of its total revenue. It generates the majority of its revenue from the Retail segment.

International Housewares Retail Co (HKSE:01373) Headlines

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