Tesson Holdings (HKSE:01201) Debt-to-Equity : 0.13 (As of Dec. 2023)

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What is Tesson Holdings Debt-to-Equity?

Tesson Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$51.8 Mil. Tesson Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1.5 Mil. Tesson Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$418.0 Mil. Tesson Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.13.

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

HKSE:01201' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.28 Max: 47.53
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Tesson Holdings was 47.53. The lowest was 0.11. And the median was 0.28.

HKSE:01201's Debt-to-Equity is ranked better than
69.59% of 2631 companies
in the Industrial Products industry
Industry Median: 0.29 vs HKSE:01201: 0.13

Tesson Holdings Debt-to-Equity Historical Data

The historical data trend for Tesson 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.

Tesson Holdings Debt-to-Equity Chart

Tesson Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.34

0.26

0.30

0.12

0.13

Tesson 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															0.30	0.19	0.12	0.13	0.13

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

For the Electrical Equipment & Parts subindustry, Tesson 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.

Tesson Holdings's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tesson Holdings's Debt-to-Equity distribution charts can be found below:

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

Tesson Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tesson 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
	=	(51.792	+	1.513)	/	418.027
	=	0.13

Tesson 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
	=	(51.792	+	1.513)	/	418.027
	=	0.13

Tesson Holdings (HKSE:01201) 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.

Tesson Holdings Debt-to-Equity Related Terms

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

Tesson Holdings (HKSE:01201) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tesson Holdings Ltd (HKSE:01201) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

68 Mody Road, Room 401A, Empire Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.tessonholdings.com

Tesson Holdings Ltd is engaged in the Lithium-Ion Motive Battery Business and Property and Cultural business. The Group's revenue is derived from the Lithium Ion Motive Battery Business and internet sales business. All revenue generated by the group was derived from the PRC.

Executives

Cui Qiang	2101 Beneficial owner
Double Key International Limited	2101 Beneficial owner
Cheng Hung Mui	2201 Interest of corporation controlled by you
Luk Siu Man, Semon	2202 Interest of your spouse
Yeung Sau Shing, Albert	2307 Founder of a discretionary trust who can infl
Albert Yeung Capital Holdings Limited	2201 Interest of corporation controlled by you
Cdm Trust & Board Services Ag	2301 Trustee
Emperor Capital Group Limited	2201 Interest of corporation controlled by you
Emperor Finance Limited	2101 Beneficial owner
Cui Qiang	2101 Beneficial owner
Leung Ka Chun	2101 Beneficial owner
Fu Tat Credit Limited	2106 Person having a security interest in shares
Hui Mei Ching	2201 Interest of corporation controlled by you
Lo Shi Ki	2201 Interest of corporation controlled by you

Tesson Holdings (HKSE:01201) Headlines

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