IPE Group (HKSE:00929) Debt-to-Equity : 0.17 (As of Jun. 2024)

View and export this data going back to 2004. Start your Free Trial

What is IPE Group Debt-to-Equity?

IPE Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$143.4 Mil. IPE Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$163.6 Mil. IPE Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$1,797.6 Mil. IPE Group's debt to equity for the quarter that ended in Jun. 2024 was 0.17.

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 IPE Group's Debt-to-Equity or its related term are showing as below:

HKSE:00929' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.17 Max: 0.39
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of IPE Group was 0.39. The lowest was 0.08. And the median was 0.17.

HKSE:00929's Debt-to-Equity is ranked better than
64.51% of 2595 companies
in the Industrial Products industry
Industry Median: 0.29 vs HKSE:00929: 0.17

IPE Group Debt-to-Equity Historical Data

The historical data trend for IPE Group'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.

IPE Group Debt-to-Equity Chart

IPE Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.15

0.11

0.08

0.11

0.10

IPE Group 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															0.11	0.11	0.10	0.10	0.17

Competitive Comparison of IPE Group's Debt-to-Equity

For the Metal Fabrication subindustry, IPE Group'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.

IPE Group's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, IPE Group's Debt-to-Equity distribution charts can be found below:

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

IPE Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IPE Group'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
	=	(73.218	+	117.864)	/	1833.028
	=	0.10

IPE Group'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
	=	(143.412	+	163.58)	/	1797.568
	=	0.17

IPE Group (HKSE:00929) 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.

IPE Group Debt-to-Equity Related Terms

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

IPE Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IPE Group Ltd (HKSE:00929) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Wang Chiu Road, Kowloon Bay, Unit 5-6, 23th Floor, Enterprise Square Three, Kowloon, Hong Kong, HKG

Website

https://www.ipegroup.com/en

IPE Group Ltd is an investment holding company engaged in the manufacturing and sale of precision components products. It operates in Five segments based on sales: automotive components, hydraulic equipment components, electronic equipment components, CNC lathes, and others. Its products are used in telecommunication products, consumer products, electronic equipment, and other applications. Its geographical segments are Thailand; Malaysia; Mainland China, Macau and Hong Kong; North America; Europe; and Other countries.

Executives

Bao An Ke Ji You Xian Gong Si	2101 Beneficial owner
Zhong Guo Bao An Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner
Zeng Guang Sheng	2101 Beneficial owner
Tottenhill Ltd	2101 Beneficial owner
Chui Siu On	2201 Interest of corporation controlled by you
Leung Wing Yi	2202 Interest of your spouse

IPE Group Headlines

No Headlines