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Good Hope (COL:GOOD.N0000) Debt-to-Equity : 0.00 (As of Sep. 2023)


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What is Good Hope Debt-to-Equity?

Good Hope's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was රු0.00 Mil. Good Hope's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was රු0.00 Mil. Good Hope's Total Stockholders Equity for the quarter that ended in Sep. 2023 was රු12,755.67 Mil. Good Hope's debt to equity for the quarter that ended in Sep. 2023 was 0.00.

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 Good Hope's Debt-to-Equity or its related term are showing as below:

COL:GOOD.N0000's Debt-to-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.41
* Ranked among companies with meaningful Debt-to-Equity only.

Good Hope Debt-to-Equity Historical Data

The historical data trend for Good Hope'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.

Good Hope Debt-to-Equity Chart

Good Hope Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
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Good Hope Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Good Hope's Debt-to-Equity

For the Farm Products subindustry, Good Hope'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.


Good Hope's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Good Hope's Debt-to-Equity distribution charts can be found below:

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



Good Hope Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Good Hope's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Good Hope's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

* 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.


Good Hope  (COL:GOOD.N0000) 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.


Good Hope Debt-to-Equity Related Terms

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


Good Hope (COL:GOOD.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 61, Janadhipathi Mawatha, Colombo, LKA, 01
Good Hope PLC is an investment holding company. Its subsidiaries are mainly engaged in oil palm plantation business.

Good Hope (COL:GOOD.N0000) Headlines

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