CSC Holdings (HKSE:00235) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is CSC Holdings Debt-to-Equity?

CSC Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$9.73 Mil. CSC Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$25.78 Mil. CSC Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$2,211.73 Mil. CSC Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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

HKSE:00235' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.34 Max: 0.63
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of CSC Holdings was 0.63. The lowest was 0.00. And the median was 0.34.

HKSE:00235's Debt-to-Equity is ranked better than
92.37% of 603 companies
in the Capital Markets industry
Industry Median: 0.35 vs HKSE:00235: 0.02

CSC Holdings Debt-to-Equity Historical Data

The historical data trend for CSC 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.

* Premium members only.

CSC Holdings Debt-to-Equity Chart

CSC Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.51

0.34

0.29

0.02

CSC 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															0.29	0.01	-	0.01	0.02

Competitive Comparison of CSC Holdings's Debt-to-Equity

For the Capital Markets subindustry, CSC 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.

CSC Holdings's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CSC Holdings's Debt-to-Equity distribution charts can be found below:

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

CSC Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CSC 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
	=	(9.73	+	25.783)	/	2211.728
	=	0.02

CSC 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
	=	(9.73	+	25.783)	/	2211.728
	=	0.02

CSC Holdings (HKSE:00235) 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.

CSC Holdings Debt-to-Equity Related Terms

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

CSC Holdings (HKSE:00235) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CSC Holdings Ltd (HKSE:00235) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Rooms 3206-3210, 32nd Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.cshldgs.com

CSC Holdings Ltd conducts operations through its subsidiaries. The company's core businesses consist of investment in securities, which generates dividend income and other income; the trading business, which includes trading of metal minerals and electronic components; the money-lending business, which generates interest income and arrangement fees; and Securities brokerage includes dealing in securities activities. The company generates its revenue from the trading business. It conducts operations in the People's Republic of China and Hong Kong, with the revenue generated from Hong Kong.

Executives

Courage Star Global Limited	2101 Beneficial owner
Pioneer Success Development Limited	2101 Beneficial owner
Cheng Kar Shun	2201 Interest of corporation controlled by you
Suen Cho Hung, Paul	2201 Interest of corporation controlled by you

CSC Holdings (HKSE:00235) Headlines

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