8VI Holdings (ASX:8VI) Debt-to-Equity : 5.87 (As of Sep. 2023)

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What is 8VI Holdings Debt-to-Equity?

8VI Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$1.02 Mil. 8VI Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$3.55 Mil. 8VI Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was A$0.78 Mil. 8VI Holdings's debt to equity for the quarter that ended in Sep. 2023 was 5.87.

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 8VI Holdings's Debt-to-Equity or its related term are showing as below:

ASX:8VI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.19 Max: 5.87
Current: 5.87

During the past 8 years, the highest Debt-to-Equity Ratio of 8VI Holdings was 5.87. The lowest was 0.01. And the median was 0.19.

ASX:8VI's Debt-to-Equity is ranked worse than
96.89% of 225 companies
in the Education industry
Industry Median: 0.34 vs ASX:8VI: 5.87

8VI Holdings Debt-to-Equity Historical Data

The historical data trend for 8VI 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.

8VI Holdings Debt-to-Equity Chart

8VI Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.01

0.25

0.08

0.38

1.70

8VI Holdings Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial											0.13	0.38	0.48	1.70	5.87

Competitive Comparison of 8VI Holdings's Debt-to-Equity

For the Education & Training Services subindustry, 8VI 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.

8VI Holdings's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, 8VI Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where 8VI Holdings's Debt-to-Equity falls into.

8VI Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

8VI Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(1.237	+	3.963)	/	3.053
	=	1.70

8VI Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1.019	+	3.55)	/	0.779
	=	5.87

8VI Holdings (ASX:8VI) 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.

8VI Holdings Debt-to-Equity Related Terms

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8VI Holdings (ASX:8VI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 8VI Holdings Ltd (ASX:8VI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1557 Keppel Road, No. 01-01, Singapore, SGP, 089066

Website

https://www.8vicglobal.com

8VI Holdings Ltd provides financial education and training services. The company's operating segment includes Financial Education; Others and Corporate. The Financial Education segment is involved in providing financial education in the discipline of value investing.

8VI Holdings (ASX:8VI) Headlines

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