Minmetals Land (HKSE:00230) Debt-to-Equity : 4.41 (As of Dec. 2023)

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What is Minmetals Land Debt-to-Equity?

Minmetals Land's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$15,227 Mil. Minmetals Land's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$8,096 Mil. Minmetals Land's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$5,287 Mil. Minmetals Land's debt to equity for the quarter that ended in Dec. 2023 was 4.41.

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 Minmetals Land's Debt-to-Equity or its related term are showing as below:

HKSE:00230' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.23 Med: 1.57 Max: 4.41
Current: 4.41

During the past 13 years, the highest Debt-to-Equity Ratio of Minmetals Land was 4.41. The lowest was 1.23. And the median was 1.57.

HKSE:00230's Debt-to-Equity is ranked worse than
95.71% of 1586 companies
in the Real Estate industry
Industry Median: 0.755 vs HKSE:00230: 4.41

Minmetals Land Debt-to-Equity Historical Data

The historical data trend for Minmetals Land'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.

Minmetals Land Debt-to-Equity Chart

Minmetals Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.30

1.45

1.69

3.57

4.41

Minmetals Land 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															1.69	2.66	3.57	4.08	4.41

Competitive Comparison of Minmetals Land's Debt-to-Equity

For the Real Estate - Development subindustry, Minmetals Land'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.

Minmetals Land's Debt-to-Equity Distribution in the Real Estate Industry

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

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

Minmetals Land Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Minmetals Land'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
	=	(15226.846	+	8096.252)	/	5287.069
	=	4.41

Minmetals Land'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
	=	(15226.846	+	8096.252)	/	5287.069
	=	4.41

Minmetals Land (HKSE:00230) 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.

Minmetals Land Debt-to-Equity Related Terms

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Minmetals Land (HKSE:00230) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Minmetals Land Ltd (HKSE:00230) » Definitions » Debt-to-Equity

Traded in Other Exchanges

ONF:Germany

Address

79 Chatham Road South, 18th Floor, China Minmetals Tower, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

https://www.minmetalsland.com

Minmetals Land Ltd is a Hong Kong-based investment holding company. It is principally engaged in real estate development, specialised construction, property investment, and securities investment. The firm has four operating segments which are Real estate development, Specialised construction, Property investment, and Securities investment. Its real estate development business, which is the key revenue-generating segment, covers the development and sales of residential and commercial properties. The group operates in Hong Kong and Mainland China, of which a majority of revenue is derived from Mainland China.

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