Hengdeli Holdings (Hengdeli Holdings) Debt-to-Equity : 0.04 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Hengdeli Holdings Debt-to-Equity?

Hengdeli Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11.9 Mil. Hengdeli Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.4 Mil. Hengdeli Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $446.2 Mil. Hengdeli Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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 Hengdeli Holdings's Debt-to-Equity or its related term are showing as below:

HENGY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.76
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Hengdeli Holdings was 0.76. The lowest was 0.02. And the median was 0.04.

HENGY's Debt-to-Equity is ranked better than
91.53% of 472 companies
in the Conglomerates industry
Industry Median: 0.555 vs HENGY: 0.04

Hengdeli Holdings Debt-to-Equity Historical Data

The historical data trend for Hengdeli Holdings'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.

Hengdeli Holdings Debt-to-Equity Chart

Hengdeli Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.11

0.02

0.03

0.04

Hengdeli Holdings 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															0.03	0.03	0.03	0.04	0.04

Competitive Comparison of Hengdeli Holdings's Debt-to-Equity

For the Conglomerates subindustry, Hengdeli Holdings'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.

Hengdeli Holdings's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hengdeli Holdings's Debt-to-Equity distribution charts can be found below:

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

Hengdeli Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hengdeli Holdings'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
	=	(11.9	+	5.433)	/	446.211
	=	0.04

Hengdeli Holdings'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
	=	(11.9	+	5.433)	/	446.211
	=	0.04

Hengdeli Holdings (OTCPK:HENGY) 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.

Hengdeli Holdings Debt-to-Equity Related Terms

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

Hengdeli Holdings (Hengdeli Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hengdeli Holdings Ltd (OTCPK:HENGY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

03389:Hong Kong XYUA:Germany

Address

28 Canton Road, Room 301, 3rd Floor, Lippo Sun Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.hengdeligroup.com

Hengdeli Holdings Ltd is primarily engaged in the retail and trading of watches and jewellery with comprehensive related customer services and maintenance, manufacturing of watch accessories, provision of shop design and decoration service, and trading of iron ore. The operating segments of the group are High-end consuming accessories; Watches retail and trading and Commodity trading. It has a business presence mainly in Mainland China, Hong Kong, Taiwan, and Malaysia.

Hengdeli Holdings (Hengdeli Holdings) Headlines

From GuruFocus

David Herro Comments on Hengdeli Holdings

By Holly LaFon Holly LaFon • 04-08-2014

Hengdeli narrowed its loss by 91.3% in 1H2023

By ACN Newswire • 08-27-2023