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Infinity Development Holdings Co (HKSE:00640) Debt-to-Equity : 0.07 (As of Sep. 2024)


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What is Infinity Development Holdings Co Debt-to-Equity?

Infinity Development Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$40.7 Mil. Infinity Development Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$2.7 Mil. Infinity Development Holdings Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was HK$583.6 Mil. Infinity Development Holdings Co's debt to equity for the quarter that ended in Sep. 2024 was 0.07.

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 Infinity Development Holdings Co's Debt-to-Equity or its related term are showing as below:

HKSE:00640' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.09   Max: 0.17
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Infinity Development Holdings Co was 0.17. The lowest was 0.01. And the median was 0.09.

HKSE:00640's Debt-to-Equity is ranked better than
82.53% of 1391 companies
in the Chemicals industry
Industry Median: 0.36 vs HKSE:00640: 0.07

Infinity Development Holdings Co Debt-to-Equity Historical Data

The historical data trend for Infinity Development Holdings Co'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.

Infinity Development Holdings Co Debt-to-Equity Chart

Infinity Development Holdings Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.10 0.08 0.17 0.07

Infinity Development Holdings Co Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.08 0.13 0.17 0.12 0.07

Competitive Comparison of Infinity Development Holdings Co's Debt-to-Equity

For the Specialty Chemicals subindustry, Infinity Development Holdings Co'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.


Infinity Development Holdings Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Infinity Development Holdings Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Infinity Development Holdings Co's Debt-to-Equity falls into.



Infinity Development Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Infinity Development Holdings Co's Debt to Equity Ratio for the fiscal year that ended in Sep. 2024 is calculated as

Infinity Development Holdings Co's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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.


Infinity Development Holdings Co  (HKSE:00640) 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.


Infinity Development Holdings Co Debt-to-Equity Related Terms

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Infinity Development Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
16 Andar A - D, Macau Finance Centre, Rua de Pequim No. 202A - 246, Macau, MAC
Infinity Development Holdings Co Ltd is an investment holding company. Through its subsidiaries, the company focuses on manufacturing and selling adhesives, primers, hardeners, vulcanized shoes, and adhesive-related products for the footwear industry. The company's products are predominantly sold under the Guarandure and Zhong Bu brands. Its geographical segments include China, Vietnam, Indonesia, Bangladesh, and India. A majority of its revenue is generated from Vietnam.
Executives
Chan Sut Kuan 2202 Interest of your spouse
Ieong Un 2101 Beneficial owner
All Reach Investments Limited 2101 Beneficial owner

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