Infinity Logistics And Transport Ventures (HKSE:01442) Debt-to-Equity : 0.56 (As of Jun. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Infinity Logistics And Transport Ventures Debt-to-Equity?

Infinity Logistics And Transport Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$48.8 Mil. Infinity Logistics And Transport Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$276.9 Mil. Infinity Logistics And Transport Ventures's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$582.2 Mil. Infinity Logistics And Transport Ventures's debt to equity for the quarter that ended in Jun. 2024 was 0.56.

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 Infinity Logistics And Transport Ventures's Debt-to-Equity or its related term are showing as below:

HKSE:01442' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.69 Max: 1.16
Current: 0.69

During the past 8 years, the highest Debt-to-Equity Ratio of Infinity Logistics And Transport Ventures was 1.16. The lowest was 0.37. And the median was 0.69.

HKSE:01442's Debt-to-Equity is ranked worse than
58.61% of 894 companies
in the Transportation industry
Industry Median: 0.54 vs HKSE:01442: 0.69

Infinity Logistics And Transport Ventures Debt-to-Equity Historical Data

The historical data trend for Infinity Logistics And Transport Ventures'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.

Infinity Logistics And Transport Ventures Debt-to-Equity Chart

Infinity Logistics And Transport Ventures Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.16

0.51

0.37

0.66

0.69

Infinity Logistics And Transport Ventures Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial										0.56	0.66	0.76	0.69	0.56

Competitive Comparison of Infinity Logistics And Transport Ventures's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Infinity Logistics And Transport Ventures'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.

Infinity Logistics And Transport Ventures's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Infinity Logistics And Transport Ventures's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Infinity Logistics And Transport Ventures's Debt-to-Equity falls into.

Infinity Logistics And Transport Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Infinity Logistics And Transport Ventures'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
	=	(89.06	+	299.279)	/	560.434
	=	0.69

Infinity Logistics And Transport Ventures'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
	=	(48.777	+	276.895)	/	582.242
	=	0.56

Infinity Logistics And Transport Ventures (HKSE:01442) 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.

Infinity Logistics And Transport Ventures Debt-to-Equity Related Terms

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

Infinity Logistics And Transport Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Infinity Logistics And Transport Ventures Ltd (HKSE:01442) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Jalan Kasuarina 8, Infinity House, Bandar Botanic, Klang, Klang, SGR, MYS, 41200

Website

https://www.infinity.com.my

Infinity Logistics And Transport Ventures Ltd is an investment holding company. It operates in three segments: Integrated freight forwarding services segment, which provides non-vessel operating common carriers (NVOCC) and freight forwarding services; Logistics center and related services segment provides warehousing and container depot services; Land transportation services segment provides land transportation services; Flexitank solution & related services segment provides flexitank solution and related services; and Fourth-party Logistics (4PL) services. The company's geographical segments include China, Indonesia, Malaysia, Netherlands, Singapore, South Korea, Thailand, Vietnam, and Others, of which maximum revenue comes from Malaysia.

Executives

2926 Holdings Limited	2103 Interests held jointly with another person
Chan Kong Yew
Kwan Siew Deeg
Lo Shing Ping
Tan Jyh Yaong

Infinity Logistics And Transport Ventures Headlines

No Headlines