AMTD (AMTD IDEA Group) Debt-to-Equity : 0.20 (As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is AMTD IDEA Group Debt-to-Equity?

AMTD IDEA Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $30.16 Mil. AMTD IDEA Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $235.15 Mil. AMTD IDEA Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $1,329.94 Mil. AMTD IDEA Group's debt to equity for the quarter that ended in Jun. 2024 was 0.20.

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

AMTD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.07 Max: 0.2
Current: 0.2

During the past 8 years, the highest Debt-to-Equity Ratio of AMTD IDEA Group was 0.20. The lowest was 0.02. And the median was 0.07.

AMTD's Debt-to-Equity is ranked worse than
50.52% of 968 companies
in the Asset Management industry
Industry Median: 0.19 vs AMTD: 0.20

AMTD IDEA Group Debt-to-Equity Historical Data

The historical data trend for AMTD IDEA 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.

AMTD IDEA Group Debt-to-Equity Chart

AMTD IDEA Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.06

0.04

0.09

0.02

0.08

AMTD IDEA Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial									0.02	0.02	0.07	0.08	0.20

Competitive Comparison of AMTD IDEA Group's Debt-to-Equity

For the Asset Management subindustry, AMTD IDEA 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.

AMTD IDEA Group's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, AMTD IDEA Group's Debt-to-Equity distribution charts can be found below:

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

Save Embed

AMTD IDEA Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AMTD IDEA Group'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
	=	(66.175	+	30.373)	/	1286.496
	=	0.08

AMTD IDEA Group's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(30.159	+	235.148)	/	1329.938
	=	0.20

AMTD IDEA Group (NYSE:AMTD) 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.

AMTD IDEA Group Debt-to-Equity Related Terms

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

AMTD IDEA Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AMTD IDEA Group (NYSE:AMTD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

66 rue Jean-Jacques, Rousseau, Paris, FRA, 75001

Website

https://www.amtdinc.com

AMTD IDEA Group is a financial institution operating in five business segments: The capital market solutions segment assists customers in raising funds through equity and debt financing, private placements, and debt issuances. The digital solutions and other services segment provides institutional and corporate clients with paid access to enhance investor communication and relations, corporate communication also provides digital financial solution services. The Media and entertainment segment offers print and digital advertising campaigns, licensing, and marketing services including branded content, video production. The hotel operations, hospitality, and VIP services segment engages in hotel investments, hotel operations, hospitality, and VIP services; and Strategic investment segment.