Fountain Set (Holdings) (HKSE:00420) Debt-to-Equity : 0.06 (As of Dec. 2024)

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What is Fountain Set (Holdings) Debt-to-Equity?

Fountain Set (Holdings)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$71 Mil. Fountain Set (Holdings)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$112 Mil. Fountain Set (Holdings)'s Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$3,238 Mil. Fountain Set (Holdings)'s debt to equity for the quarter that ended in Dec. 2024 was 0.06.

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 Fountain Set (Holdings)'s Debt-to-Equity or its related term are showing as below:

HKSE:00420' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.16 Max: 0.23
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Fountain Set (Holdings) was 0.23. The lowest was 0.06. And the median was 0.16.

HKSE:00420's Debt-to-Equity is ranked better than
87.28% of 928 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.41 vs HKSE:00420: 0.06

Fountain Set (Holdings) Debt-to-Equity Historical Data

The historical data trend for Fountain Set (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.

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Fountain Set (Holdings) Debt-to-Equity Chart

Fountain Set (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.12

0.14

0.18

0.10

0.06

Fountain Set (Holdings) 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															0.18	0.15	0.10	0.05	0.06

Competitive Comparison of Fountain Set (Holdings)'s Debt-to-Equity

For the Textile Manufacturing subindustry, Fountain Set (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.

Fountain Set (Holdings)'s Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fountain Set (Holdings)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fountain Set (Holdings)'s Debt-to-Equity falls into.

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Fountain Set (Holdings) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fountain Set (Holdings)'s Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(71.145	+	111.522)	/	3237.589
	=	0.06

Fountain Set (Holdings)'s Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(71.145	+	111.522)	/	3237.589
	=	0.06

Fountain Set (Holdings) (HKSE:00420) 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.

Fountain Set (Holdings) Debt-to-Equity Related Terms

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

Fountain Set (Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Fountain Set (Holdings) Ltd (HKSE:00420) » Definitions » Debt-to-Equity

Traded in Other Exchanges

FOV:Germany

Address

29-39 Kwai Cheong Road, Block A, 6th Floor, Eastern Sea Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.fshl.com

Fountain Set (Holdings) Ltd and its subsidiaries are circularly knitted fabric manufacturers. It provides vertically integrated operations in fabric knitting, dyeing, printing, and finishing. In addition, the group's product range also includes garments. The company supplies knitted fabric to garment manufacturers for apparel products like sportswear, casual wear, sleepwear, and innerwear. The operating segments of the company are the production and sales of dyed fabrics and yarns, and the Production and sales of garments. The group operates in Hong Kong, China, Taiwan, Korea, Sri Lanka, America, Europe, and Others, of which maximum revenue is generated from The PRC.

Executives

Ha Chung Fong	2101 Beneficial owner
Tang Kuen Mui	2202 Interest of your spouse
Zhong Guo Zhong Fang Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Liang Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Hua Fu Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Hua Fu Shi Shang Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Chen Lingfen	2201 Interest of corporation controlled by you
Sun Weiting	2201 Interest of corporation controlled by you

Fountain Set (Holdings) Headlines

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