Midland Holdings (HKSE:01200) Debt-to-Equity : 0.70 (As of Jun. 2024)

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What is Midland Holdings Debt-to-Equity?

Midland Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$547 Mil. Midland Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$38 Mil. Midland Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$839 Mil. Midland Holdings's debt to equity for the quarter that ended in Jun. 2024 was 0.70.

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

HKSE:01200' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.72 Max: 2.06
Current: 0.22

During the past 13 years, the highest Debt-to-Equity Ratio of Midland Holdings was 2.06. The lowest was 0.04. And the median was 0.72.

HKSE:01200's Debt-to-Equity is ranked better than
77.15% of 1549 companies
in the Real Estate industry
Industry Median: 0.71 vs HKSE:01200: 0.22

Midland Holdings Debt-to-Equity Historical Data

The historical data trend for Midland 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.

Midland Holdings Debt-to-Equity Chart

Midland Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.82

1.29

1.12

0.70

0.22

Midland Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															1.12	0.76	0.70	0.70	0.22

Competitive Comparison of Midland Holdings's Debt-to-Equity

For the Real Estate Services subindustry, Midland 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.

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

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

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

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Midland Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Midland 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
	=	(391.838	+	65.001)	/	657.191
	=	0.70

Midland Holdings'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
	=	(546.878	+	38.128)	/	839.323
	=	0.70

Midland Holdings (HKSE:01200) 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.

Midland Holdings Debt-to-Equity Related Terms

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

Midland Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Midland Holdings Ltd (HKSE:01200) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Des Voeux Road Central, Room 2505-8, 25th Floor, World Wide House, Hong Kong, HKG

Website

https://www.midland.com.hk

Midland Holdings Ltd is an investment holding company principally engaged in the provision of property agency services for residential, commercial, and industrial properties and shops. The company is also engaged in the leasing of property, the operation of an Internet Website, and the provision of immigration consultancy services, administration, and treasury services to group companies, as well as professional surveying consultancy and valuation services in Hong Kong through its subsidiaries. It generates the majority of its revenue from the Residential properties segment.

Executives

Lam Yuen Hing	2101 Beneficial owner
Massachusetts Financial Services Company	2102 Investment manager
Sun Life Financial Inc.	2201 Interest of corporation controlled by you
Sun Life Of Canada (u.s.) Financial Services Holdings, Inc.	2201 Interest of corporation controlled by you
Southern Field Trading Limited	2201 Interest of corporation controlled by you
Sunluck Services Limited	2101 Beneficial owner
Tang Mei Lai Metty
Wong Kin Yip Freddie	2201 Interest of corporation controlled by you
Edgbaston Investment Partners Llp	2102 Investment manager
Hosking Partners Llp	2102 Investment manager

Midland Holdings Headlines

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