Kong Sun Holdings (FRA:KOJ5) Debt-to-Equity : 0.65 (As of Dec. 2023)

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What is Kong Sun Holdings Debt-to-Equity?

Kong Sun Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €139.29 Mil. Kong Sun Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €98.16 Mil. Kong Sun Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €364.96 Mil. Kong Sun Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.65.

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

FRA:KOJ5' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3 Med: 1.19 Max: 1.88
Current: 0.65

During the past 13 years, the highest Debt-to-Equity Ratio of Kong Sun Holdings was 1.88. The lowest was 0.30. And the median was 1.19.

FRA:KOJ5's Debt-to-Equity is ranked better than
58.52% of 405 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.82 vs FRA:KOJ5: 0.65

Kong Sun Holdings Debt-to-Equity Historical Data

The historical data trend for Kong Sun 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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Kong Sun Holdings Debt-to-Equity Chart

Kong Sun Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.88

1.46

1.04

0.65

Kong Sun Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	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															1.04	0.72	0.65	0.66	0.65

Competitive Comparison of Kong Sun Holdings's Debt-to-Equity

For the Utilities - Renewable subindustry, Kong Sun 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.

Kong Sun Holdings's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Kong Sun Holdings's Debt-to-Equity distribution charts can be found below:

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

Kong Sun Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kong Sun 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
	=	(139.292	+	98.164)	/	364.96
	=	0.65

Kong Sun 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
	=	(139.292	+	98.164)	/	364.96
	=	0.65

Kong Sun Holdings (FRA:KOJ5) 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.

Kong Sun Holdings Debt-to-Equity Related Terms

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Kong Sun Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Kong Sun Holdings Ltd (FRA:KOJ5) » Definitions » Debt-to-Equity

Traded in Other Exchanges

00295:Hong Kong

Address

108 Gloucester Road, Everbright Centre, Unit 803-4, 8th Floor, Wanchai, Hong Kong, HKG

Website

http://www.kongsun.com

Kong Sun Holdings Ltd owns and operates photovoltaic power plants, invest in and lease properties, manufactures and sells life-like plants, and trade listed securities. It operates through the following segments: Solar Power Plants, Financial Services, and Liquefied natural gas. The Solar Power Plants segment which derives the majority of revenue generates and sells electricity. The Financial Services segment generates interest income recognized on a time-proportion basis. The Liquefied natural gas segment engages in the trading of liquefied natural gas.

Kong Sun Holdings Headlines

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