Sundart Holdings (HKSE:01568) Debt-to-Equity : 0.01 (As of Jun. 2024)

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What is Sundart Holdings Debt-to-Equity?

Sundart Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$39 Mil. Sundart Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$2 Mil. Sundart Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$3,596 Mil. Sundart Holdings's debt to equity for the quarter that ended in Jun. 2024 was 0.01.

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

HKSE:01568' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.06 Max: 0.2
Current: 0.01

During the past 10 years, the highest Debt-to-Equity Ratio of Sundart Holdings was 0.20. The lowest was 0.00. And the median was 0.06.

HKSE:01568's Debt-to-Equity is ranked better than
99.89% of 914 companies
in the Business Services industry
Industry Median: 0.38 vs HKSE:01568: 0.01

Sundart Holdings Debt-to-Equity Historical Data

The historical data trend for Sundart 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.

Sundart Holdings Debt-to-Equity Chart

Sundart Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.16

0.06

0.03

0.01

Sundart Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.02	0.01	0.01	-	0.01

Competitive Comparison of Sundart Holdings's Debt-to-Equity

For the Consulting Services subindustry, Sundart 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.

Sundart Holdings's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sundart Holdings's Debt-to-Equity distribution charts can be found below:

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

Sundart Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sundart 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
	=	(10.665	+	2.682)	/	3442.281
	=	0.00

Sundart Holdings'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
	=	(38.775	+	2.267)	/	3596.38
	=	0.01

Sundart Holdings (HKSE:01568) 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.

Sundart Holdings Debt-to-Equity Related Terms

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Sundart Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sundart Holdings Ltd (HKSE:01568) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

370 Kwun Tong Road, 19th Floor, Millennium City 3, Kowloon, Hong Kong, HKG

Website

http://www.sundart.com

Sundart Holdings Ltd is an interior decorative company in Hong Kong. It specializes in providing interior works for residential properties and hotel projects. The company's reportable segments are Fitting-out works in Hong Kong; Fitting-out works in Macau; Fitting-out works in China; Fitting-out works in Singapore; Alteration, addition, and construction works in Hong Kong; and Manufacturing, sourcing and distribution of interior decorative materials. Geographically, the group has a business presence in Hong Kong, Macau, the PRC and Other countries, of which prime revenue is derived from the PRC.

Executives

Fu Haixia	2202 Interest of your spouse
Liu Zaiwang	2201 Interest of corporation controlled by you
Jiang He Chuang Jian Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Cai Yun Guo Ji Tou Zi You Xian Gong Si	2101 Beneficial owner
Yun Nan Sheng Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Jangho Hong Kong Holdings Limited	2201 Interest of corporation controlled by you
Reach Glory International Limited	2101 Beneficial owner
Bei Jing Jiang He Yuan Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you

Sundart Holdings Headlines

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