Shirble Department Store Holdings (China) (HKSE:00312) Debt-to-Equity : 1.55 (As of Jun. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Shirble Department Store Holdings (China) Debt-to-Equity?

Shirble Department Store Holdings (China)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$420.8 Mil. Shirble Department Store Holdings (China)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$855.5 Mil. Shirble Department Store Holdings (China)'s Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$825.6 Mil. Shirble Department Store Holdings (China)'s debt to equity for the quarter that ended in Jun. 2024 was 1.55.

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 Shirble Department Store Holdings (China)'s Debt-to-Equity or its related term are showing as below:

HKSE:00312' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.72 Max: 1.6
Current: 1.55

During the past 13 years, the highest Debt-to-Equity Ratio of Shirble Department Store Holdings (China) was 1.60. The lowest was 0.06. And the median was 0.72.

HKSE:00312's Debt-to-Equity is ranked worse than
80.1% of 1005 companies
in the Retail - Cyclical industry
Industry Median: 0.59 vs HKSE:00312: 1.55

Shirble Department Store Holdings (China) Debt-to-Equity Historical Data

The historical data trend for Shirble Department Store Holdings (China)'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.

Shirble Department Store Holdings (China) Debt-to-Equity Chart

Shirble Department Store Holdings (China) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

Get a 7-Day Free Trial

0.74

1.05

1.22

1.60

1.55

Shirble Department Store Holdings (China) Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															1.22	1.22	1.60	1.55	1.55

Competitive Comparison of Shirble Department Store Holdings (China)'s Debt-to-Equity

For the Department Stores subindustry, Shirble Department Store Holdings (China)'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.

Shirble Department Store Holdings (China)'s Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shirble Department Store Holdings (China)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shirble Department Store Holdings (China)'s Debt-to-Equity falls into.

Save Embed

;

Save Embed

;

Shirble Department Store Holdings (China) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shirble Department Store Holdings (China)'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
	=	(656.42	+	715.074)	/	859.543
	=	1.60

Shirble Department Store Holdings (China)'s Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(420.793	+	855.514)	/	825.588
	=	1.55

Shirble Department Store Holdings (China) (HKSE:00312) 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.

Shirble Department Store Holdings (China) Debt-to-Equity Related Terms

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

Shirble Department Store Holdings (China) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shirble Department Store Holdings (China) Ltd (HKSE:00312) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Renmin South Road, 33rd Floor, Building 1, Shenzhen Development Center, Luohu District, Shenzhen, CHN

Website

http://www.shirblehk.com

Shirble Department Store Holdings (China) Ltd is an investment holding company operating in department stores business. Different range of merchandise is offered in the company's department stores, including daily consumer products, household necessities, footwear, textiles, apparel, cosmetics, children's and households' goods and electrical appliances. The group operates in two business segments namely Department stores business, and Others. It generates maximum revenue from Department stores business. The Group's revenue and non-current assets are attributable to the market in the PRC.

Executives

Hao Jian Min
Huang Xue Rong	2304 Executor or administrator
Yang Xiang Bo	2201 Interest of corporation controlled by you
Su Chen	2202 Interest of your spouse

Shirble Department Store Holdings (China) Headlines

No Headlines