AB Builders Group (HKSE:01615) Debt-to-Equity : 0.13 (As of Dec. 2023)

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What is AB Builders Group Debt-to-Equity?

AB Builders Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$25.1 Mil. AB Builders Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.0 Mil. AB Builders Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$196.9 Mil. AB Builders Group's debt to equity for the quarter that ended in Dec. 2023 was 0.13.

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 AB Builders Group's Debt-to-Equity or its related term are showing as below:

HKSE:01615' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.1 Max: 0.36
Current: 0.13

During the past 10 years, the highest Debt-to-Equity Ratio of AB Builders Group was 0.36. The lowest was 0.00. And the median was 0.10.

HKSE:01615's Debt-to-Equity is ranked better than
76.63% of 1549 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:01615: 0.13

AB Builders Group Debt-to-Equity Historical Data

The historical data trend for AB Builders Group'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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AB Builders Group Debt-to-Equity Chart

AB Builders Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.09

0.13

AB Builders Group Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial												0.09	-	-	0.08	0.13

Competitive Comparison of AB Builders Group's Debt-to-Equity

For the Engineering & Construction subindustry, AB Builders Group'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.

AB Builders Group's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, AB Builders Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where AB Builders Group's Debt-to-Equity falls into.

AB Builders Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AB Builders Group'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
	=	(25.1	+	0)	/	196.885
	=	0.13

AB Builders Group'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
	=	(25.1	+	0)	/	196.885
	=	0.13

AB Builders Group (HKSE:01615) 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.

AB Builders Group Debt-to-Equity Related Terms

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AB Builders Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AB Builders Group Ltd (HKSE:01615) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 126, Rua De Pequim, Edf. Commercial I Tak, 10th Floor, Macao, MAC

Website

http://www.abbuildersgroup.com

AB Builders Group Ltd operates as a construction contractor, focused on providing structural works, including substructure and superstructure works such as foundation works, basement works, piling and pile cap work, and the construction of high rise buildings, and fitting-out works. The company's reportable segments are Fitting-out works; Structural works; and Air purification business. It generates a vast majority of its revenue from the Fitting-out works segment. The company's operations are located in Macau and Hong Kong, of which key revenue is derived from Macau.

Executives

Lao Chio Seng	2201 Interest of corporation controlled by you
Wong Hio Mei	2202 Interest of your spouse
Laos International Holdings Limited	2101 Beneficial owner
Ip Kin Wa	2101 Beneficial owner
Whm Holdings Limited	2101 Beneficial owner

AB Builders Group Headlines

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