Fullwealth International Group Holdings (HKSE:01034) Debt-to-Equity : 0.01 (As of Jun. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Fullwealth International Group Holdings Debt-to-Equity?

Fullwealth International Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0.5 Mil. Fullwealth International Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0.6 Mil. Fullwealth International Group Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$212.4 Mil. Fullwealth International Group Holdings's debt to equity for the quarter that ended in Jun. 2023 was 0.01.

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

HKSE:01034' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.37
Current: 0.01

During the past 8 years, the highest Debt-to-Equity Ratio of Fullwealth International Group Holdings was 0.37. The lowest was 0.01. And the median was 0.02.

HKSE:01034's Debt-to-Equity is not ranked
in the Construction industry.
Industry Median: 0.44 vs HKSE:01034: 0.01

Fullwealth International Group Holdings Debt-to-Equity Historical Data

The historical data trend for Fullwealth International Group 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.

Fullwealth International Group Holdings Debt-to-Equity Chart

Fullwealth International Group Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.02

0.14

0.08

0.01

Fullwealth International Group Holdings Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial									0.02	0.01	0.01	0.01	0.01

Competitive Comparison of Fullwealth International Group Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, Fullwealth International Group 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.

Fullwealth International Group Holdings's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fullwealth International Group Holdings's Debt-to-Equity distribution charts can be found below:

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

Fullwealth International Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fullwealth International Group Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(1.075	+	0.349)	/	253.912
	=	0.01

Fullwealth International Group Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0.546	+	0.571)	/	212.437
	=	0.01

Fullwealth International Group Holdings (HKSE:01034) 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.

Fullwealth International Group Holdings Debt-to-Equity Related Terms

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

Fullwealth International Group Holdings (HKSE:01034) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fullwealth International Group Holdings Ltd (HKSE:01034) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

322 Des Voeux Road Central, Room 2202, 22nd Floor, West Exchange Tower, Sheung Wan, Hong Kong, HKG

Website

https://www.fullwealth.hk

Fullwealth International Group Holdings Ltd is engaged in civil engineering, building, and other works in Hong Kong and education and training business related to performing arts and culture in China. It has two operating segments that include Civil engineering, building, and other works segment which engages in the provision of civil engineering, building, and other works to contract customers; and the Entertainment education business segment engages in the provision of education and training courses related to performing arts services. Geographically company generates the majority of its revenue from Hong Kong.

Executives

Victory Way Global Company Limited	2101 Beneficial owner
Liu Xin Yi	2201 Interest of corporation controlled by you

Fullwealth International Group Holdings (HKSE:01034) Headlines

No Headlines