Hang Lung Properties (STU:AOP) Debt-to-Equity : 0.39 (As of Dec. 2023)

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What is Hang Lung Properties Debt-to-Equity?

Hang Lung Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €524 Mil. Hang Lung Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €5,462 Mil. Hang Lung Properties's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €15,547 Mil. Hang Lung Properties's debt to equity for the quarter that ended in Dec. 2023 was 0.39.

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 Hang Lung Properties's Debt-to-Equity or its related term are showing as below:

STU:AOP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.26 Max: 0.39
Current: 0.39

During the past 13 years, the highest Debt-to-Equity Ratio of Hang Lung Properties was 0.39. The lowest was 0.19. And the median was 0.26.

STU:AOP's Debt-to-Equity is ranked better than
67.23% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs STU:AOP: 0.39

Hang Lung Properties Debt-to-Equity Historical Data

The historical data trend for Hang Lung Properties'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.

Hang Lung Properties Debt-to-Equity Chart

Hang Lung Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.22

0.28

0.33

0.34

0.39

Hang Lung Properties 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															0.33	0.33	0.34	0.37	0.39

Competitive Comparison of Hang Lung Properties's Debt-to-Equity

For the Real Estate Services subindustry, Hang Lung Properties'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.

Hang Lung Properties's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hang Lung Properties's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hang Lung Properties's Debt-to-Equity falls into.

Hang Lung Properties Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hang Lung Properties'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
	=	(524.148	+	5461.984)	/	15546.894
	=	0.39

Hang Lung Properties'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
	=	(524.148	+	5461.984)	/	15546.894
	=	0.39

Hang Lung Properties (STU:AOP) 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.

Hang Lung Properties Debt-to-Equity Related Terms

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

Hang Lung Properties (STU:AOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hang Lung Properties Ltd (STU:AOP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HLPPY:USA HLPPF:USA 00101:Hong Kong AOP:Germany

Address

4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG

Website

https://www.hanglung.com

Hung Lung Properties is the property arm of Hang Lung Group. The company primarily operates in Hong Kong and China where it develops and invests in a portfolio of commercial properties for rental income as well as develop residential properties for sale. Most of its revenue is generated in China where it focuses on retail malls in Tier 1 and 2 cities such as Shanghai, Wuxi, Hangzhou, Wuhan, Kunming Jinan, Dalian, Shenyang, and Tianjin. As such, investors view the company as a proxy for China's overall retail growth. The company is 59% owned by Hang Lung Group, and led by Ronnie Chan, who has been the chairman of the company since 1991.

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