Henderson Land Development Co (Henderson Land Development Co) Debt-to-Equity : 0.29 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Henderson Land Development Co Debt-to-Equity?

Henderson Land Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,972 Mil. Henderson Land Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7,947 Mil. Henderson Land Development Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $41,812 Mil. Henderson Land Development Co's debt to equity for the quarter that ended in Dec. 2023 was 0.29.

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

HLDCY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.27 Max: 0.3
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Henderson Land Development Co was 0.30. The lowest was 0.18. And the median was 0.27.

HLDCY's Debt-to-Equity is ranked better than
73.23% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs HLDCY: 0.29

Henderson Land Development Co Debt-to-Equity Historical Data

The historical data trend for Henderson Land 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.

Henderson Land Development Co Debt-to-Equity Chart

Henderson Land Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.29

0.27

0.30

0.27

0.29

Henderson Land Development Co 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															0.30	0.29	0.27	0.28	0.29

Competitive Comparison of Henderson Land Development Co's Debt-to-Equity

For the Real Estate - Diversified subindustry, Henderson Land 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.

Henderson Land Development Co's Debt-to-Equity Distribution in the Real Estate Industry

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

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

Henderson Land Development Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Henderson Land Development Co'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
	=	(3972.445	+	7946.81)	/	41811.826
	=	0.29

Henderson Land Development Co'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
	=	(3972.445	+	7946.81)	/	41811.826
	=	0.29

Henderson Land Development Co (OTCPK:HLDCY) 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.

Henderson Land Development Co Debt-to-Equity Related Terms

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

Henderson Land Development Co (Henderson Land Development Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Henderson Land Development Co Ltd (OTCPK:HLDCY) » Definitions » Debt-to-Equity

Traded in Other Exchanges

HLDVF:USA 00012:Hong Kong HLD:Germany

Address

8 Finance Street, 72nd -76th Floor, Two International Finance Centre, Central, Hong Kong, HKG

Website

https://www.hld.com

Henderson Land Development is a leading property developer in Hong Kong with a focus on urban redevelopment and farmland conversion. The company was founded in 1976, listed in 1981. Founder Lee Shau Kee is the controlling shareholder, and a series of disposals in December 2017 reduced his stake to below 72.8%. The share disposals were the first since 1993, lessening the possibility of a privatization. Lee stepped down in May 2019, succeeded by his two sons as joint chairmen and managing directors. Henderson Land also controls four listed entities directly, including a 33.4% stake in Hong Kong Ferry, a 69% stake in Henderson Investment, a 41.5% stake in Hong Kong and China Gas, and a 50.1% stake in Miramar Hotel & Investment.

Henderson Land Development Co (Henderson Land Development Co) Headlines

From GuruFocus

International Value Advisers Funds 2014 Annual Commentary

By Holly LaFon Holly LaFon • 01-02-2015

Martin Whitman on Henderson Land (HLDVF.PK)

By gurufocus • 03-19-2007

Third Avenue Management's Marty Whitman: Third-Quarter Letter

By Holly LaFon Holly LaFon • 10-01-2012

Martin Whitman Buys MITSUBISHI ESTATE CO, HANG LUNG GRP SP ADR, HENDERSON INVESTMENT

By gurufocus • 03-19-2007

Charles de Vaulx's Worldwide Fund Buys 3 New Stocks in Q3

By Holly LaFon Holly LaFon • 12-02-2014