Sun Hing Vision Group Holdings (HKSE:00125) Debt-to-Equity : 0.08 (As of Sep. 2023)

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What is Sun Hing Vision Group Holdings Debt-to-Equity?

Sun Hing Vision Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$45.5 Mil. Sun Hing Vision Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$12.5 Mil. Sun Hing Vision Group Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$698.9 Mil. Sun Hing Vision Group Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.08.

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

HKSE:00125' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.08 Max: 0.1
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of Sun Hing Vision Group Holdings was 0.10. The lowest was 0.05. And the median was 0.08.

HKSE:00125's Debt-to-Equity is ranked better than
88.02% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs HKSE:00125: 0.08

Sun Hing Vision Group Holdings Debt-to-Equity Historical Data

The historical data trend for Sun Hing Vision Group 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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Sun Hing Vision Group Holdings Debt-to-Equity Chart

Sun Hing Vision Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.05

0.10

0.09

0.08

0.07

Sun Hing Vision Group Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.08	0.07	0.07	0.08

Competitive Comparison of Sun Hing Vision Group Holdings's Debt-to-Equity

For the Luxury Goods subindustry, Sun Hing Vision Group 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.

Sun Hing Vision Group Holdings's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sun Hing Vision Group Holdings's Debt-to-Equity distribution charts can be found below:

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

Sun Hing Vision Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sun Hing Vision Group Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(44.123	+	5.031)	/	722.369
	=	0.07

Sun Hing Vision Group Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(45.528	+	12.485)	/	698.868
	=	0.08

Sun Hing Vision Group Holdings (HKSE:00125) 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.

Sun Hing Vision Group Holdings Debt-to-Equity Related Terms

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

Sun Hing Vision Group Holdings (HKSE:00125) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sun Hing Vision Group Holdings Ltd (HKSE:00125) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

83 Hung To Road, 25 Floor, EGL Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.sunhingoptical.com

Sun Hing Vision Group Holdings Ltd is an investment holding company. Along with its subsidiaries, the firm engages in the design, manufacture, and distribution of premium eyewear products. It operates through the segments of Eyewear products; Contact lens and others. The company generates maximum revenue from the Eyewear products segment. Geographically, it derives a majority of revenue from Italy and also has a presence in Hong Kong; Japan; the United States and Other countries. The company's brand portfolio includes brand names such as New Balance, agnes b, Jill Stuart, Levi's and Kenzo.

Sun Hing Vision Group Holdings (HKSE:00125) Headlines

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