VTech Holdings (HKSE:00303) Debt-to-Equity : 0.27 (As of Sep. 2023)

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What is VTech Holdings Debt-to-Equity?

VTech Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$133 Mil. VTech Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1,166 Mil. VTech Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$4,773 Mil. VTech Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.27.

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

HKSE:00303' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.28 Max: 0.47
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of VTech Holdings was 0.47. The lowest was 0.00. And the median was 0.28.

HKSE:00303's Debt-to-Equity is ranked better than
52.23% of 2198 companies
in the Hardware industry
Industry Median: 0.28 vs HKSE:00303: 0.27

VTech Holdings Debt-to-Equity Historical Data

The historical data trend for VTech 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.

VTech Holdings Debt-to-Equity Chart

VTech Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.28

0.29

0.28

VTech 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															0.38	0.29	0.47	0.28	0.27

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

For the Communication Equipment subindustry, VTech 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.

VTech Holdings's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, VTech Holdings's Debt-to-Equity distribution charts can be found below:

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

VTech Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VTech 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
	=	(130.288	+	1281.693)	/	4981.57
	=	0.28

VTech 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
	=	(133.084	+	1166.446)	/	4773.036
	=	0.27

VTech Holdings (HKSE:00303) 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.

VTech Holdings Debt-to-Equity Related Terms

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

VTech Holdings (HKSE:00303) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » VTech Holdings Ltd (HKSE:00303) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VTKLY:USA VTKLF:USA VTCB:Germany

Address

Block 1, 57 Ting Kok Road, Tai Po, 23rd Floor, Tai Ping Industrial Centre, New Territories, Hong Kong, HKG

Website

https://www.vtech.com

VTech Holdings Ltd is engaged in designing, manufacturing, and distribution of consumer electronic products. It also provides contract manufacturing services. VTech's diverse collection of products include Telephone Products, Business Phones, Electronic Learning Toys, Baby Monitors and Hospitality Products. It offers turnkey services to customers in a number of product categories. The company operates through four geographical segments, North America including the United States and Canada, Europe, Asia Pacific and Others, which covers sales of electronic products to the rest of the world. VTech generates a majority of its revenue from North America and Europe.

VTech Holdings (HKSE:00303) Headlines

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