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HK Electric Investments and HK Electric Investments (FRA:HKT) Debt-to-Equity : 1.04 (As of Jun. 2024)


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What is HK Electric Investments and HK Electric Investments Debt-to-Equity?

HK Electric Investments and HK Electric Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €88 Mil. HK Electric Investments and HK Electric Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €5,938 Mil. HK Electric Investments and HK Electric Investments's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €5,773 Mil. HK Electric Investments and HK Electric Investments's debt to equity for the quarter that ended in Jun. 2024 was 1.04.

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 HK Electric Investments and HK Electric Investments's Debt-to-Equity or its related term are showing as below:

FRA:HKT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.8   Med: 0.96   Max: 1.07
Current: 1.03

During the past 12 years, the highest Debt-to-Equity Ratio of HK Electric Investments and HK Electric Investments was 1.07. The lowest was 0.80. And the median was 0.96.

FRA:HKT's Debt-to-Equity is ranked worse than
55.19% of 462 companies
in the Utilities - Regulated industry
Industry Median: 0.895 vs FRA:HKT: 1.03

HK Electric Investments and HK Electric Investments Debt-to-Equity Historical Data

The historical data trend for HK Electric Investments and HK Electric Investments'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.

HK Electric Investments and HK Electric Investments Debt-to-Equity Chart

HK Electric Investments and HK Electric Investments Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.96 1.04 1.03 1.03

HK Electric Investments and HK Electric Investments 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.04 1.07 1.03 1.04 1.03

Competitive Comparison of HK Electric Investments and HK Electric Investments's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments'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.


HK Electric Investments and HK Electric Investments's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, HK Electric Investments and HK Electric Investments's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where HK Electric Investments and HK Electric Investments's Debt-to-Equity falls into.


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HK Electric Investments and HK Electric Investments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HK Electric Investments and HK Electric Investments's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

HK Electric Investments and HK Electric Investments's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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.


HK Electric Investments and HK Electric Investments  (FRA:HKT) 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.


HK Electric Investments and HK Electric Investments Debt-to-Equity Related Terms

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


HK Electric Investments and HK Electric Investments Business Description

Traded in Other Exchanges
Address
44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG
HK Electric Investments and HK Electric Investments Ltd is a fixed single investment trust in Hong Kong with a focus on the power industry. The Company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. The company have one reporting segment which is the generation and supply of electricity to Hong Kong Island and Lamma Island.

HK Electric Investments and HK Electric Investments Headlines

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