Chinney Investments (HKSE:00216) Debt-to-Equity : 0.96 (As of Sep. 2023)

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What is Chinney Investments Debt-to-Equity?

Chinney Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1,236 Mil. Chinney Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$6,186 Mil. Chinney Investments's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$7,704 Mil. Chinney Investments's debt to equity for the quarter that ended in Sep. 2023 was 0.96.

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

HKSE:00216' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.65 Med: 0.86 Max: 1.31
Current: 0.96

During the past 13 years, the highest Debt-to-Equity Ratio of Chinney Investments was 1.31. The lowest was 0.65. And the median was 0.86.

HKSE:00216's Debt-to-Equity is ranked worse than
58.58% of 1579 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:00216: 0.96

Chinney Investments Debt-to-Equity Historical Data

The historical data trend for Chinney 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.

Chinney Investments Debt-to-Equity Chart

Chinney Investments Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.72

0.85

0.79

0.94

Chinney Investments 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															0.75	0.79	0.88	0.94	0.96

Competitive Comparison of Chinney Investments's Debt-to-Equity

For the Real Estate - Development subindustry, Chinney 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.

Chinney Investments's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Chinney Investments's Debt-to-Equity distribution charts can be found below:

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

Chinney Investments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chinney Investments'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
	=	(2090.951	+	5171.049)	/	7704.323
	=	0.94

Chinney Investments'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
	=	(1235.998	+	6185.629)	/	7704.323
	=	0.96

Chinney Investments (HKSE:00216) 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.

Chinney Investments Debt-to-Equity Related Terms

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

Chinney Investments (HKSE:00216) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Chinney Investments Ltd (HKSE:00216) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

111 Connaught Road Central, 23rd Floor, Wing On Centre, Hong Kong, HKG

Website

http://www.chinney.com.hk

Chinney Investments Ltd is a Hong Kong-based investment holding company. The company's operating segment include Property development; Property investment and Property, carpark management and others. Property development segment develops properties for sale. The Property Investment segment holds investment properties for development and generates rental income. It generates maximum revenue from the Property development segment. Geographically, it derives a majority of revenue from Mainland China and also has a presence in Hong Kong.

Executives

Chinney Holdings Limited	2101 Beneficial owner
Lucky Year Finance Limited	2201 Interest of corporation controlled by you
Wong Sai Wing, James	2201 Interest of corporation controlled by you

Chinney Investments (HKSE:00216) Headlines

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