Kingston Financial Group (Kingston Financial Group) Debt-to-Equity : 0.23 (As of Sep. 2022)

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What is Kingston Financial Group Debt-to-Equity?

Kingston Financial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $588.9 Mil. Kingston Financial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $4.9 Mil. Kingston Financial Group's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $2,633.9 Mil. Kingston Financial Group's debt to equity for the quarter that ended in Sep. 2022 was 0.23.

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

KNGTF's Debt-to-Equity is not ranked ^*
in the Capital Markets industry.
Industry Median: 0.38
* Ranked among companies with meaningful Debt-to-Equity only.

Kingston Financial Group Debt-to-Equity Historical Data

The historical data trend for Kingston Financial 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.

* Premium members only.

Kingston Financial Group Debt-to-Equity Chart

Kingston Financial Group Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Debt-to-Equity

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0.64

0.33

0.36

0.30

0.23

Kingston Financial Group Semi-Annual Data
	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Debt-to-Equity	Get a 7-Day Free Trial															0.18	0.30	0.13	0.23	0.23

Competitive Comparison of Kingston Financial Group's Debt-to-Equity

For the Capital Markets subindustry, Kingston Financial 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.

Kingston Financial Group's Debt-to-Equity Distribution in the Capital Markets Industry

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

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

Kingston Financial Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kingston Financial Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(605.822	+	6.663)	/	2639.514
	=	0.23

Kingston Financial Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(588.933	+	4.879)	/	2633.889
	=	0.23

Kingston Financial Group (GREY:KNGTF) 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.

Kingston Financial Group Debt-to-Equity Related Terms

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Kingston Financial Group (Kingston Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Kingston Financial Group Ltd (GREY:KNGTF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 Queen’s Road Central, 72th Floor, Central, Hong Kong, HKG

Website

https://www.kingston.com.hk

Kingston Financial Group Ltd is a financial services company operating primarily in Hong Kong and Macau. It provides a wide range of solutions, including securities brokerages, underwriting, and placements, margin and initial public offering financing, corporate finance advisory services, futures brokerages, and asset management services. The Group also provides gaming and hospitality services in Macau. Business activities for the group include undertaking the origination, structuring, and marketing of placements of equity and debt securities. Most of the company's diverse revenue mix comes increasingly from margin and IPO financing and secondarily from its security brokerage, underwriting, and placements segment.

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