Sky Light Holdings (FRA:27L) Debt-to-Equity : 0.29 (As of Jun. 2024)

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What is Sky Light Holdings Debt-to-Equity?

Sky Light Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €2.55 Mil. Sky Light Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €1.42 Mil. Sky Light Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €13.57 Mil. Sky Light Holdings's debt to equity for the quarter that ended in Jun. 2024 was 0.29.

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

FRA:27L' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.2 Max: 0.75
Current: 0.47

During the past 11 years, the highest Debt-to-Equity Ratio of Sky Light Holdings was 0.75. The lowest was 0.03. And the median was 0.20.

FRA:27L's Debt-to-Equity is ranked better than
56.14% of 912 companies
in the Business Services industry
Industry Median: 0.365 vs FRA:27L: 0.47

Sky Light Holdings Debt-to-Equity Historical Data

The historical data trend for Sky Light 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.

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Sky Light Holdings Debt-to-Equity Chart

Sky Light Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.22

0.28

0.18

0.36

0.47

Sky Light Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.18	0.24	0.36	0.29	0.47

Competitive Comparison of Sky Light Holdings's Debt-to-Equity

For the Security & Protection Services subindustry, Sky Light 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.

Sky Light Holdings's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sky Light Holdings's Debt-to-Equity distribution charts can be found below:

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

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Sky Light Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sky Light 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
	=	(3.646	+	2.405)	/	16.749
	=	0.36

Sky Light Holdings'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
	=	(2.546	+	1.423)	/	13.574
	=	0.29

Sky Light Holdings (FRA:27L) 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.

Sky Light Holdings Debt-to-Equity Related Terms

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Sky Light Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sky Light Holdings Ltd (FRA:27L) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

03882:Hong Kong

Address

Xinsha Road, Building No. 8 & 1-2/FL, Building No. 9,Antuoshan High-tech Industrial Park, Shajing, Bao’An,, Shenzhen, CHN, 518104

Website

http://www.sky-light.com.hk

Sky Light Holdings Ltd, along with its subsidiaries, is engaged in the manufacture and distribution of home surveillance cameras, digital imaging products, and other electronic products. It focuses on the sale, development, and manufacture of imaging products that comprise home surveillance cameras, action cameras, and related accessories and other digital imaging products and engages in the sale, and development of cameras under its own brands. Geographically, it operates in the United States, which is the key revenue driver, Mainland China, European Union, and Hong kong, among others.

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