Tianli Holdings Group (HKSE:00117) Debt-to-Equity : 1.63 (As of Dec. 2023)

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What is Tianli Holdings Group Debt-to-Equity?

Tianli Holdings Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$793.0 Mil. Tianli Holdings Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$394.4 Mil. Tianli Holdings Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$730.6 Mil. Tianli Holdings Group's debt to equity for the quarter that ended in Dec. 2023 was 1.63.

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

HKSE:00117' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.63 Max: 1.95
Current: 1.63

During the past 13 years, the highest Debt-to-Equity Ratio of Tianli Holdings Group was 1.95. The lowest was 0.17. And the median was 0.63.

HKSE:00117's Debt-to-Equity is ranked worse than
93.94% of 2195 companies
in the Hardware industry
Industry Median: 0.29 vs HKSE:00117: 1.63

Tianli Holdings Group Debt-to-Equity Historical Data

The historical data trend for Tianli Holdings Group'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.

Tianli Holdings Group Debt-to-Equity Chart

Tianli Holdings Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.28

0.30

0.45

0.81

1.63

Tianli Holdings Group 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															0.45	0.57	0.81	1.14	1.63

Competitive Comparison of Tianli Holdings Group's Debt-to-Equity

For the Electronic Components subindustry, Tianli Holdings Group'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.

Tianli Holdings Group's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tianli Holdings Group's Debt-to-Equity distribution charts can be found below:

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

Tianli Holdings Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tianli Holdings Group'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
	=	(793.02	+	394.423)	/	730.604
	=	1.63

Tianli Holdings Group'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
	=	(793.02	+	394.423)	/	730.604
	=	1.63

Tianli Holdings Group (HKSE:00117) 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.

Tianli Holdings Group Debt-to-Equity Related Terms

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

Tianli Holdings Group (HKSE:00117) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tianli Holdings Group Ltd (HKSE:00117) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 Queen’s Road Central, Suites 2711-12, 27th Floor, The Center, Hong Kong, HKG

Website

http://www.tlhg.com.hk

Tianli Holdings Group Ltd is an investment holding company principally engaged in the manufacturing and sales of electronic products with current focus on multi-layer ceramic chips (MLCC) products. It also provides financial services including direct investments in debt, equity and any other assets, asset management, and financial advisory services. The company operates in Mainland China, Hong Kong, and Other countries.

Tianli Holdings Group (HKSE:00117) Headlines

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