Royale Home Holdings (HKSE:01198) Debt-to-Equity : 1.71 (As of Dec. 2023)

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What is Royale Home Holdings Debt-to-Equity?

Royale Home Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,844.8 Mil. Royale Home Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,180.7 Mil. Royale Home Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,773.2 Mil. Royale Home Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.71.

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

HKSE:01198' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.39 Max: 1.71
Current: 1.71

During the past 13 years, the highest Debt-to-Equity Ratio of Royale Home Holdings was 1.71. The lowest was 0.15. And the median was 0.39.

HKSE:01198's Debt-to-Equity is ranked worse than
93.72% of 382 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.335 vs HKSE:01198: 1.71

Royale Home Holdings Debt-to-Equity Historical Data

The historical data trend for Royale Home 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.

Royale Home Holdings Debt-to-Equity Chart

Royale Home Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.15

0.32

1.02

1.33

1.71

Royale Home 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															1.02	1.19	1.33	1.35	1.71

Competitive Comparison of Royale Home Holdings's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Royale Home 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.

Royale Home Holdings's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Royale Home Holdings's Debt-to-Equity distribution charts can be found below:

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

Royale Home Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Royale Home Holdings'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
	=	(1844.847	+	1180.712)	/	1773.234
	=	1.71

Royale Home Holdings's Debt to Equity Ratio for the quarter 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
	=	(1844.847	+	1180.712)	/	1773.234
	=	1.71

Royale Home Holdings (HKSE:01198) 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.

Royale Home Holdings Debt-to-Equity Related Terms

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

Royale Home Holdings (HKSE:01198) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Royale Home Holdings Ltd (HKSE:01198) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

66 Mody Road, Room 607, 6th Floor, Tsim Sha Tsui Centre, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG

Website

https://royale.todayir.com

Royale Home Holdings Ltd is an investment holding company. Along with its subsidiaries, the firm is engaged in the manufacture and sale of home furniture in China. The segments of the company are, 1) The furniture products segment, engaging in the manufacture and sale of home furniture. 2) The development properties for sale and property investments segment, engaging in the property investments and development. 3) The hotel operations segment, engaging in hotel operations. 4) The trading segment, engaging in the trading of aluminium ingots and bars. Geographically, it derives revenue from Mainland China.

Executives

Tse Kam Pang	2201 Interest of corporation controlled by you
Ke Xue Cheng Guang Zhou Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Ke Xue Cheng Xiang Gang Tou Zi You Xian Gong Si	2101 Beneficial owner
Great Diamond Developments Ltd	2101 Beneficial owner

Royale Home Holdings (HKSE:01198) Headlines

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