Mobicon Group (HKSE:01213) Debt-to-Equity : 0.65 (As of Sep. 2023)

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What is Mobicon Group Debt-to-Equity?

Mobicon Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$70.1 Mil. Mobicon Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$5.1 Mil. Mobicon Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$116.6 Mil. Mobicon Group's debt to equity for the quarter that ended in Sep. 2023 was 0.64.

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 Mobicon Group's Debt-to-Equity or its related term are showing as below:

HKSE:01213' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.67 Max: 1.05
Current: 0.65

During the past 13 years, the highest Debt-to-Equity Ratio of Mobicon Group was 1.05. The lowest was 0.36. And the median was 0.67.

HKSE:01213's Debt-to-Equity is ranked worse than
75.17% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs HKSE:01213: 0.65

Mobicon Group Debt-to-Equity Historical Data

The historical data trend for Mobicon Group'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.

Mobicon Group Debt-to-Equity Chart

Mobicon Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.78

1.05

0.82

0.79

0.73

Mobicon Group 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															0.75	0.79	0.80	0.73	0.65

Competitive Comparison of Mobicon Group's Debt-to-Equity

For the Electronics & Computer Distribution subindustry, Mobicon Group'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.

Mobicon Group's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mobicon Group's Debt-to-Equity distribution charts can be found below:

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

Mobicon Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mobicon Group'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
	=	(80.911	+	8.667)	/	123.527
	=	0.73

Mobicon Group'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
	=	(70.071	+	5.105)	/	116.587
	=	0.64

Mobicon Group (HKSE:01213) 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.

Mobicon Group Debt-to-Equity Related Terms

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

Mobicon Group (HKSE:01213) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mobicon Group Ltd (HKSE:01213) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

704 Prince Edward Road East, 7th Floor, New Trend Centre, San Po Kong, Kowloon, Hong Kong, HKG

Website

http://www.mobicon.com

Mobicon Group Ltd is a Hong Kong-based investment holding company principally engaged in the electronic trading business. The Company operates through three business segments. The Electronic Trading Business segment is engaged in the distribution of electronic components, automation parts and equipment. The Computer Business segment is engaged in the retail of computer products, mobile accessories; distribution of computer products; provision of information technology (IT) outsourcing and solution services. The Cosmetic and Online Retail Business segment is engaged in the retail and distribution of cosmetic products. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in the Asia Pacific, South Africa, Europe, and Other Countries.

Mobicon Group (HKSE:01213) Headlines

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