Huarong International Financial Holdings (FRA:93W) Debt-to-Equity : -3.08 (As of Dec. 2023)

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What is Huarong International Financial Holdings Debt-to-Equity?

Huarong International Financial Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €272.54 Mil. Huarong International Financial Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €326.84 Mil. Huarong International Financial Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €-194.52 Mil. Huarong International Financial Holdings's debt to equity for the quarter that ended in Dec. 2023 was -3.08.

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 Huarong International Financial Holdings's Debt-to-Equity or its related term are showing as below:

FRA:93W' s Debt-to-Equity Range Over the Past 10 Years
Min: -151.36 Med: 0.13 Max: 13.41
Current: -3.08

During the past 13 years, the highest Debt-to-Equity Ratio of Huarong International Financial Holdings was 13.41. The lowest was -151.36. And the median was 0.13.

FRA:93W's Debt-to-Equity is not ranked
in the Asset Management industry.
Industry Median: 0.19 vs FRA:93W: -3.08

Huarong International Financial Holdings Debt-to-Equity Historical Data

The historical data trend for Huarong International Financial 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.

Huarong International Financial Holdings Debt-to-Equity Chart

Huarong International Financial Holdings Annual Data

Trend

Apr14

Apr15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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12.75

-151.36

-4.84

-8.05

-3.08

Huarong International Financial Holdings Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	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															-4.84	-2.54	-8.05	-4.53	-3.08

Competitive Comparison of Huarong International Financial Holdings's Debt-to-Equity

For the Asset Management subindustry, Huarong International Financial 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.

Huarong International Financial Holdings's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Huarong International Financial Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Huarong International Financial Holdings's Debt-to-Equity falls into.

Huarong International Financial Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Huarong International Financial 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
	=	(272.539	+	326.835)	/	-194.519
	=	-3.08

Huarong International Financial Holdings'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
	=	(272.539	+	326.835)	/	-194.519
	=	-3.08

Huarong International Financial Holdings (FRA:93W) 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.

Huarong International Financial Holdings Debt-to-Equity Related Terms

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Huarong International Financial Holdings (FRA:93W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Huarong International Financial Holdings Ltd (FRA:93W) » Definitions » Debt-to-Equity

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00993:Hong Kong

Address

60 Gloucester Road, 15th Floor, China Huarong Tower, Wanchai, Hong Kong, HKG

Website

https://www.hrif.com.hk

Huarong International Financial Holdings Ltd is a finance company that provides brokerage services on securities, investment banking, futures, and asset management. The company operates through four segments. The securities segment is composed of the brokerage and trading of securities, futures and options contracts, and margin financing services. The corporate finance segment provides securities underwriting, sponsoring, and financial advisory services to institutional clients. The asset management and direct investment segment consists of asset management services and direct investments in equities, bonds, funds, derivative instruments, and other financial products. The financial services and others segment comprises finance lease services and business consulting services.

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