Wealthink AI-Innovation Capital (HKSE:01140) Debt-to-Equity : 0.12 (As of Sep. 2023)

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What is Wealthink AI-Innovation Capital Debt-to-Equity?

Wealthink AI-Innovation Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.00 Mil. Wealthink AI-Innovation Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1,191.11 Mil. Wealthink AI-Innovation Capital's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$9,870.14 Mil. Wealthink AI-Innovation Capital's debt to equity for the quarter that ended in Sep. 2023 was 0.12.

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 Wealthink AI-Innovation Capital's Debt-to-Equity or its related term are showing as below:

HKSE:01140' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.09 Max: 0.34
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Wealthink AI-Innovation Capital was 0.34. The lowest was 0.01. And the median was 0.09.

HKSE:01140's Debt-to-Equity is ranked better than
65.16% of 1016 companies
in the Asset Management industry
Industry Median: 0.195 vs HKSE:01140: 0.12

Wealthink AI-Innovation Capital Debt-to-Equity Historical Data

The historical data trend for Wealthink AI-Innovation Capital'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.

Wealthink AI-Innovation Capital Debt-to-Equity Chart

Wealthink AI-Innovation Capital Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.01

0.14

0.13

0.34

0.13

Wealthink AI-Innovation Capital Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.34	0.15	0.13	0.12

Competitive Comparison of Wealthink AI-Innovation Capital's Debt-to-Equity

For the Asset Management subindustry, Wealthink AI-Innovation Capital'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.

Wealthink AI-Innovation Capital's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Wealthink AI-Innovation Capital's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Wealthink AI-Innovation Capital's Debt-to-Equity falls into.

Wealthink AI-Innovation Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wealthink AI-Innovation Capital'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
	=	(0	+	1293.764)	/	10010.755
	=	0.13

Wealthink AI-Innovation Capital'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
	=	(0	+	1191.113)	/	9870.137
	=	0.12

Wealthink AI-Innovation Capital (HKSE:01140) 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.

Wealthink AI-Innovation Capital Debt-to-Equity Related Terms

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Wealthink AI-Innovation Capital (HKSE:01140) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Wealthink AI-Innovation Capital Ltd (HKSE:01140) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

183 Queen’s Road Central, Room 3910-13, 39th Floor, COSCO Building, New Era Plaza, Hong Kong, HKG

Website

https://www.1140.com.hk

Wealthink AI-Innovation Capital Ltd Formerly Wealthking Investments Ltd is an investment company. Its investment objective is to achieve earnings in the form of medium to long-term capital appreciation through investing in a diversified portfolio of global investments in listed and unlisted enterprises. The majority of the company's revenue comprises dividend income from unlisted investments, interest income, and other income. Geographically, it derives maximum revenue from Hong Kong and also has a presence in Mainland China and the United States of America.

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