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Pa Shun International Holdings (HKSE:00574) Debt-to-Equity : -1.43 (As of Dec. 2023)


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What is Pa Shun International Holdings Debt-to-Equity?

Pa Shun International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$125.8 Mil. Pa Shun International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$55.7 Mil. Pa Shun International Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$-127.0 Mil. Pa Shun International Holdings's debt to equity for the quarter that ended in Dec. 2023 was -1.43.

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

HKSE:00574' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.69   Med: 0.14   Max: 0.37
Current: -1.43

During the past 12 years, the highest Debt-to-Equity Ratio of Pa Shun International Holdings was 0.37. The lowest was -1.69. And the median was 0.14.

HKSE:00574's Debt-to-Equity is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.48 vs HKSE:00574: -1.43

Pa Shun International Holdings Debt-to-Equity Historical Data

The historical data trend for Pa Shun 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.

Pa Shun International Holdings Debt-to-Equity Chart

Pa Shun International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.37 -1.69 -0.94 -1.43

Pa Shun 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.69 -1.57 -0.94 -1.02 -1.43

Competitive Comparison of Pa Shun International Holdings's Debt-to-Equity

For the Pharmaceutical Retailers subindustry, Pa Shun 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.


Pa Shun International Holdings's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Pa Shun International Holdings's Debt-to-Equity distribution charts can be found below:

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



Pa Shun International Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pa Shun International Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Pa Shun International Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Pa Shun International Holdings  (HKSE:00574) 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.


Pa Shun International Holdings Debt-to-Equity Related Terms

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


Pa Shun International Holdings (HKSE:00574) Business Description

Traded in Other Exchanges
N/A
Address
229 Wufuqiao East Road, No. 608-616, Building 28, Longfor North Paradise Walk 2, Jinniu District, Sichuan Province, Chengdu, CHN
Pa Shun International Holdings Ltd is an investment holding company engaged in the manufacturing and distribution of pharmaceutical products. The business activity of the group is operated through Pharmaceutical distribution and Pharmaceutical manufacturing segment. Geographically all the activities are carried out in the PRC. The company derives the majority of revenue from the Pharmaceutical distribution segment which include sales of pharmaceutical products to wholesalers, franchise retail pharmacy chain stores and hospitals and other medical institutions in rural areas.
Executives
Zhongtai International Asset Management (singapore) Pte. Ltd. 2102 Investment manager
Arab Osman Mohammed 2104 Agent
Lai Wing Lun 2104 Agent
Win Win Stable No.3 Fund Sp 2106 Person having a security interest in shares
Zhongtai Innovation Capital Management Limited 2102 Investment manager
Chen Yenfei 2101 Beneficial owner
Praise Treasure Limited 2101 Beneficial owner

Pa Shun International Holdings (HKSE:00574) Headlines

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