Huscoke Holdings (HKSE:00704) Debt-to-Equity : 0.24 (As of Sep. 2023)

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What is Huscoke Holdings Debt-to-Equity?

Huscoke Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$219.44 Mil. Huscoke Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.00 Mil. Huscoke Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$923.01 Mil. Huscoke Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.24.

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

HKSE:00704' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.56 Med: 0.16 Max: 20.51
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Huscoke Holdings was 20.51. The lowest was -6.56. And the median was 0.16.

HKSE:00704's Debt-to-Equity is ranked worse than
53.97% of 126 companies
in the Other Energy Sources industry
Industry Median: 0.195 vs HKSE:00704: 0.24

Huscoke Holdings Debt-to-Equity Historical Data

The historical data trend for Huscoke 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.

Huscoke Holdings Debt-to-Equity Chart

Huscoke Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar23

Debt-to-Equity

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0.12

0.42

-6.56

-5.15

0.22

Huscoke Holdings Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-6.56	N/A	-5.15	-4.20	0.24

Competitive Comparison of Huscoke Holdings's Debt-to-Equity

For the Thermal Coal subindustry, Huscoke 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.

Huscoke Holdings's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Huscoke Holdings's Debt-to-Equity distribution charts can be found below:

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

Huscoke Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Huscoke Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(220.905	+	0)	/	1011.367
	=	0.22

Huscoke Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(219.438	+	0)	/	923.014
	=	0.24

Huscoke Holdings (HKSE:00704) 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.

Huscoke Holdings Debt-to-Equity Related Terms

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

Huscoke Holdings (HKSE:00704) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Huscoke Holdings Ltd (HKSE:00704) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

89 Queensway, Room 2301, 23rd Floor, Tower One, Lippo Centre, Hong Kong, HKG

Website

http://www.huscoke.com

Huscoke Holdings Ltd is a Hong Kong-based investment holding company engaged in the production and trading of coal. The firm operates through three segments namely Coke trading, Coal-related ancillary and Coke production. The majority of revenue is generated from coal production segment which involves the processing of refined coal into coke for sales, and the sale of coke by-products that are generated during coke production.

Executives

Zhao Xu Guang	2201 Interest of corporation controlled by you
Wahen Investments Limited	2101 Beneficial owner
Li Hongwei	2201 Interest of corporation controlled by you
Liberal Expansion Limited	2201 Interest of corporation controlled by you
Shun Wang Investments Limited	2101 Beneficial owner
Whole Advance Limited	2201 Interest of corporation controlled by you
Rong Tai Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Rong Tai Zi Yuan You Xian Gong Si	2101 Beneficial owner

Huscoke Holdings (HKSE:00704) Headlines

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