Plover Bay Technologies (HKSE:01523) Debt-to-Equity : 0.20 (As of Dec. 2024)

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What is Plover Bay Technologies Debt-to-Equity?

Plover Bay Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$78.6 Mil. Plover Bay Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$7.6 Mil. Plover Bay Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$437.6 Mil. Plover Bay Technologies's debt to equity for the quarter that ended in Dec. 2024 was 0.20.

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 Plover Bay Technologies's Debt-to-Equity or its related term are showing as below:

HKSE:01523' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.11 Max: 0.2
Current: 0.2

During the past 12 years, the highest Debt-to-Equity Ratio of Plover Bay Technologies was 0.20. The lowest was 0.01. And the median was 0.11.

HKSE:01523's Debt-to-Equity is ranked better than
58.23% of 2176 companies
in the Hardware industry
Industry Median: 0.28 vs HKSE:01523: 0.20

Plover Bay Technologies Debt-to-Equity Historical Data

The historical data trend for Plover Bay Technologies'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.

Plover Bay Technologies Debt-to-Equity Chart

Plover Bay Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.13

0.18

0.20

0.09

0.20

Plover Bay Technologies Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.20	0.17	0.09	0.13	0.20

Competitive Comparison of Plover Bay Technologies's Debt-to-Equity

For the Communication Equipment subindustry, Plover Bay Technologies'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.

Plover Bay Technologies's Debt-to-Equity Distribution in the Hardware Industry

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

* The bar in red indicates where Plover Bay Technologies's Debt-to-Equity falls into.

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Plover Bay Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Plover Bay Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(78.62	+	7.633)	/	437.635
	=	0.20

Plover Bay Technologies's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(78.62	+	7.633)	/	437.635
	=	0.20

Plover Bay Technologies (HKSE:01523) 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.

Plover Bay Technologies Debt-to-Equity Related Terms

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

Plover Bay Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Plover Bay Technologies Ltd (HKSE:01523) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PBTDF:USA

Address

93 King Lam Street, Unit B, 5th Floor, Dragon Industrial Building, Lai Chi Kok, Kowloon, Hong Kong, HKG

Website

https://www.ploverbay.com

Plover Bay Technologies Ltd is an investment holding company. The company and its subsidiaries are engaged in the research, design, development, and marketing of Software Defined WAN (SD-WAN) routers and the provision of software licenses and warranty and support services. The company's products and services are used by enterprise users, such as multinational companies, as well as industry users. It has two operating segments: the sale of SD-WAN routers segment that engages in the sale of wired and wireless routers, also known as Fixed First Connectivity and Mobile First Connectivity, respectively; and software licences and warranty and support services segment that engages in the provision of software licences and warranty and support services.

Executives

Namlong Development Limited	2101 Beneficial owner
Chan Wing Hong Alex	2201 Interest of corporation controlled by you

Plover Bay Technologies Headlines

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