GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CK Asset Holdings Ltd (HKSE:01113) » Definitions » Debt-to-Equity

CK Asset Holdings (HKSE:01113) Debt-to-Equity : 0.15 (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is CK Asset Holdings Debt-to-Equity?

CK Asset Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$18,095 Mil. CK Asset Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$42,625 Mil. CK Asset Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$393,773 Mil. CK Asset Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.15.

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

HKSE:01113' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.23   Max: 0.27
Current: 0.15

During the past 12 years, the highest Debt-to-Equity Ratio of CK Asset Holdings was 0.27. The lowest was 0.01. And the median was 0.23.

HKSE:01113's Debt-to-Equity is ranked better than
82.7% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:01113: 0.15

CK Asset Holdings Debt-to-Equity Historical Data

The historical data trend for CK Asset 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.

CK Asset Holdings Debt-to-Equity Chart

CK Asset Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.24 0.27 0.14 0.15

CK Asset Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.27 0.13 0.14 0.14 0.15

Competitive Comparison of CK Asset Holdings's Debt-to-Equity

For the Real Estate - Development subindustry, CK Asset 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.


CK Asset Holdings's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CK Asset Holdings's Debt-to-Equity distribution charts can be found below:

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



CK Asset Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CK Asset Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

CK Asset Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


CK Asset Holdings  (HKSE:01113) 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.


CK Asset Holdings Debt-to-Equity Related Terms

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


CK Asset Holdings (HKSE:01113) Business Description

Traded in Other Exchanges
Address
2 Queen’s Road Central, 7th Floor, Cheung Kong Center, Hong Kong, HKG
CK Asset Holdings Ltd is an investment holding company. The company has diverse activities encompassing property development and investment, hotel and serviced suite operation, property and project management, pub operation, and investment in infrastructure and utility asset operation.

CK Asset Holdings (HKSE:01113) Headlines

No Headlines