King Fook Holdings (HKSE:00280) Debt-to-Equity : 0.15 (As of Sep. 2023)

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What is King Fook Holdings Debt-to-Equity?

King Fook Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$87.3 Mil. King Fook Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$21.0 Mil. King Fook Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$719.6 Mil. King Fook Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.15.

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

HKSE:00280' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.17 Max: 0.28
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of King Fook Holdings was 0.28. The lowest was 0.04. And the median was 0.17.

HKSE:00280's Debt-to-Equity is ranked better than
81.88% of 999 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs HKSE:00280: 0.15

King Fook Holdings Debt-to-Equity Historical Data

The historical data trend for King Fook 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.

King Fook Holdings Debt-to-Equity Chart

King Fook Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.04

0.24

0.19

0.16

0.05

King Fook 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															0.20	0.16	0.12	0.05	0.15

Competitive Comparison of King Fook Holdings's Debt-to-Equity

For the Luxury Goods subindustry, King Fook 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.

King Fook Holdings's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, King Fook Holdings's Debt-to-Equity distribution charts can be found below:

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

King Fook Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

King Fook 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
	=	(28.589	+	12.193)	/	766.899
	=	0.05

King Fook 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
	=	(87.284	+	21.047)	/	719.626
	=	0.15

King Fook Holdings (HKSE:00280) 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.

King Fook Holdings Debt-to-Equity Related Terms

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King Fook Holdings (HKSE:00280) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » King Fook Holdings Ltd (HKSE:00280) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

30-32 Des Voeux Road Central, 9th Floor, King Fook Building, Hong Kong, HKG

Website

https://www.kingfook.com

King Fook Holdings Ltd is a Hong Kong-based investment holding company. It is engaged in Gold ornament, jewelry, watch and gift retailing, Bullion trading, and Diamond wholesaling activity. The majority of the revenue is generated from the retail of Gold ornaments, jewelry, watch, and gift. The Group has only one single reportable segment, which is retailing, bullion trading, and diamond wholesaling. Principally the group operates in Hong Kong.

King Fook Holdings (HKSE:00280) Headlines

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