Hung Fook Tong Group Holdings (HKSE:01446) Debt-to-Equity : 0.69 (As of Dec. 2023)

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What is Hung Fook Tong Group Holdings Debt-to-Equity?

Hung Fook Tong Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$119.0 Mil. Hung Fook Tong Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$72.9 Mil. Hung Fook Tong Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$278.2 Mil. Hung Fook Tong Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.69.

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 Hung Fook Tong Group Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:01446' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.44 Max: 0.91
Current: 0.69

During the past 11 years, the highest Debt-to-Equity Ratio of Hung Fook Tong Group Holdings was 0.91. The lowest was 0.20. And the median was 0.44.

HKSE:01446's Debt-to-Equity is ranked worse than
70.45% of 88 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.28 vs HKSE:01446: 0.69

Hung Fook Tong Group Holdings Debt-to-Equity Historical Data

The historical data trend for Hung Fook Tong Group 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.

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Hung Fook Tong Group Holdings Debt-to-Equity Chart

Hung Fook Tong Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.91

0.65

0.56

0.53

0.69

Hung Fook Tong Group 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															0.56	0.50	0.53	0.64	0.69

Competitive Comparison of Hung Fook Tong Group Holdings's Debt-to-Equity

For the Beverages - Non-Alcoholic subindustry, Hung Fook Tong Group 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.

Hung Fook Tong Group Holdings's Debt-to-Equity Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Hung Fook Tong Group Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hung Fook Tong Group Holdings's Debt-to-Equity falls into.

Hung Fook Tong Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hung Fook Tong Group 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
	=	(119.012	+	72.934)	/	278.151
	=	0.69

Hung Fook Tong Group 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
	=	(119.012	+	72.934)	/	278.151
	=	0.69

Hung Fook Tong Group Holdings (HKSE:01446) 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.

Hung Fook Tong Group Holdings Debt-to-Equity Related Terms

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Hung Fook Tong Group Holdings (HKSE:01446) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Hung Fook Tong Group Holdings Ltd (HKSE:01446) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Dai King Street, Tai Po Industrial Estate, New Territories, Tai Po, Hong Kong, HKG

Website

https://www.hungfooktong.com

Hung Fook Tong Group Holdings Ltd is engaged in the production and sales of Chinese herbal drinks and other drink products, Chinese-style soups, herbal tortoise plastron jelly, and other food products under the Hung Fook Tong brand. Its segments include Hong Kong Retail and Wholesale. It derives the majority of its revenue from Hong Kong Retail segment with a presence in PRC, Hong Kong, and Overseas Countries.

Executives

Tse Po Tat	2201 Interest of corporation controlled by you
Wong Pui Chu	2201 Interest of corporation controlled by you
Prestigious Time Limited	2103 Interests held jointly with another person
Think Expert Investments Limited	2103 Interests held jointly with another person
Yitao Investments Limited	2103 Interests held jointly with another person
Chan Suk Hing Comita	2202 Interest of your spouse
Kwan Chan Lai Lai	2202 Interest of your spouse
Kwan Wang Yung

Hung Fook Tong Group Holdings (HKSE:01446) Headlines

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