Tsui Wah Holdings (HKSE:01314) Debt-to-Equity : 0.55 (As of Sep. 2023)

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What is Tsui Wah Holdings Debt-to-Equity?

Tsui Wah Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$114.7 Mil. Tsui Wah Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$155.6 Mil. Tsui Wah Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$488.5 Mil. Tsui Wah Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.55.

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

HKSE:01314' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.07 Max: 1.17
Current: 0.55

During the past 12 years, the highest Debt-to-Equity Ratio of Tsui Wah Holdings was 1.17. The lowest was 0.06. And the median was 0.07.

HKSE:01314's Debt-to-Equity is ranked better than
70.63% of 303 companies
in the Restaurants industry
Industry Median: 0.94 vs HKSE:01314: 0.55

Tsui Wah Holdings Debt-to-Equity Historical Data

The historical data trend for Tsui Wah 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.

Tsui Wah Holdings Debt-to-Equity Chart

Tsui Wah Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.06

1.09

1.17

1.12

0.60

Tsui Wah Holdings 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															1.14	1.12	0.84	0.60	0.55

Competitive Comparison of Tsui Wah Holdings's Debt-to-Equity

For the Restaurants subindustry, Tsui Wah 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.

Tsui Wah Holdings's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tsui Wah Holdings's Debt-to-Equity distribution charts can be found below:

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

Tsui Wah Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tsui Wah Holdings'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
	=	(126.992	+	204.636)	/	550.01
	=	0.60

Tsui Wah Holdings'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
	=	(114.719	+	155.552)	/	488.521
	=	0.55

Tsui Wah Holdings (HKSE:01314) 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.

Tsui Wah Holdings Debt-to-Equity Related Terms

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Tsui Wah Holdings (HKSE:01314) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tsui Wah Holdings Ltd (HKSE:01314) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1–7 Shing Chuen Road,, Unit A, 3 Floor Sunking Industry Building,, Tai Wai, Sha Tin New Territories, Hong Kong, HKG

Website

https://www.tsuiwah.com

Tsui Wah Holdings Ltd is an investment holding company. It is principally engaged in the provision of food catering services through restaurants in Hong Kong, the People's Republic of China, Macau, and Singapore. geographically the majority of its revenue comes from Mainland China.

Executives

Cheung Yu To	2103 Interests held jointly with another person
Ho Ting Chi	2103 Interests held jointly with another person
Chan Choi Fung	2202 Interest of your spouse
Lee Yuen Hong	2103 Interests held jointly with another person
Cheung Wai Keung	2103 Interests held jointly with another person
Cheung Yue Pui	2103 Interests held jointly with another person
Lam Hiu Man	2202 Interest of your spouse
Lui Ning	2202 Interest of your spouse
Tai Ngan Har Talia	2202 Interest of your spouse
Woo Chun Li	2202 Interest of your spouse

Tsui Wah Holdings (HKSE:01314) Headlines

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