Kiu Hung International Holdings (HKSE:00381) Debt-to-Equity : 1.32 (As of Dec. 2023)

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What is Kiu Hung International Holdings Debt-to-Equity?

Kiu Hung International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$143.0 Mil. Kiu Hung International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$140.0 Mil. Kiu Hung International Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$214.2 Mil. Kiu Hung International Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.32.

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

HKSE:00381' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3 Med: 0.9 Max: 3.14
Current: 1.32

During the past 13 years, the highest Debt-to-Equity Ratio of Kiu Hung International Holdings was 3.14. The lowest was 0.30. And the median was 0.90.

HKSE:00381's Debt-to-Equity is ranked worse than
76.26% of 695 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs HKSE:00381: 1.32

Kiu Hung International Holdings Debt-to-Equity Historical Data

The historical data trend for Kiu Hung International 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.

Kiu Hung International Holdings Debt-to-Equity Chart

Kiu Hung International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.04

1.36

3.14

2.03

1.32

Kiu Hung International 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															3.14	4.62	2.03	1.08	1.32

Competitive Comparison of Kiu Hung International Holdings's Debt-to-Equity

For the Leisure subindustry, Kiu Hung International 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.

Kiu Hung International Holdings's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kiu Hung International Holdings's Debt-to-Equity distribution charts can be found below:

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

Kiu Hung International Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kiu Hung International 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
	=	(142.968	+	140.029)	/	214.208
	=	1.32

Kiu Hung International 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
	=	(142.968	+	140.029)	/	214.208
	=	1.32

Kiu Hung International Holdings (HKSE:00381) 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.

Kiu Hung International Holdings Debt-to-Equity Related Terms

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Kiu Hung International Holdings (HKSE:00381) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kiu Hung International Holdings Ltd (HKSE:00381) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

315-321 Lockhart Road, Flat E, 20th Floor Lucky Plaza, Wan Chai, Hong Kong, HKG

Website

http://www.kh381.com

Kiu Hung International Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the manufacturing and trading of toys and gift items, the development, processing, and trading of Chinese herbal products, and the investment in various businesses including fruit plantation, leisure, and culture. The group has six reportable segments which include Exploration, Toys and gifts items, Fruit plantation, Leisure, Culture, and Chinese Herbs. It derives key revenue from the Toys and gifts items segment. The group has a business presence in the PRC, the USA, Canada, European Union, Samoa, and Other regions.

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