Shin Hwa World (HKSE:00582) Debt-to-Equity : 0.20 (As of Jun. 2024)

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What is Shin Hwa World Debt-to-Equity?

Shin Hwa World's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$1,361 Mil. Shin Hwa World's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$3 Mil. Shin Hwa World's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$6,757 Mil. Shin Hwa World's debt to equity for the quarter that ended in Jun. 2024 was 0.20.

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 Shin Hwa World's Debt-to-Equity or its related term are showing as below:

HKSE:00582' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.2 Max: 0.28
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Shin Hwa World was 0.28. The lowest was 0.01. And the median was 0.20.

HKSE:00582's Debt-to-Equity is ranked better than
71.7% of 689 companies
in the Travel & Leisure industry
Industry Median: 0.44 vs HKSE:00582: 0.20

Shin Hwa World Debt-to-Equity Historical Data

The historical data trend for Shin Hwa World'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.

Shin Hwa World Debt-to-Equity Chart

Shin Hwa World Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.22

0.24

0.19

Shin Hwa World Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.20	0.19	0.20	0.19	0.20

Competitive Comparison of Shin Hwa World's Debt-to-Equity

For the Resorts & Casinos subindustry, Shin Hwa World'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.

Shin Hwa World's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shin Hwa World's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shin Hwa World's Debt-to-Equity falls into.

Shin Hwa World Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shin Hwa World'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
	=	(1.623	+	1420.432)	/	7405.721
	=	0.19

Shin Hwa World'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
	=	(1360.633	+	2.588)	/	6757.069
	=	0.20

Shin Hwa World (HKSE:00582) 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.

Shin Hwa World Debt-to-Equity Related Terms

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Shin Hwa World Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shin Hwa World Ltd (HKSE:00582) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nos. 168-200 Connaught Road Central, Units 1412-1413, 14th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

http://www.shw.com.hk

Shin Hwa World Ltd is an investment holding company. The company's operating segment includes Integrated Resort Development, Gaming Business, and Property Development. It generates maximum revenue from the Integrated Resort Development segment, which develops and operates integrated leisure and entertainment resorts. Geographically, it derives revenue from South Korea.

Executives

Resplendence Investment Development Limited	2101 Beneficial owner
Zhang Tingting	2201 Interest of corporation controlled by you
Lam Pauline	2101 Beneficial owner
Wealth Millennium Limited	2101 Beneficial owner
Xu Ning	2202 Interest of your spouse
Yang Zhihui	2201 Interest of corporation controlled by you
Lan Ding Guo Ji You Xian Gong Si	2101 Beneficial owner
Tinmark Development Limited
Yao Jianhui

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