Yield Go Holdings (HKSE:01796) Debt-to-Equity : 0.44 (As of Sep. 2023)

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What is Yield Go Holdings Debt-to-Equity?

Yield Go Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$48.9 Mil. Yield Go Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.4 Mil. Yield Go Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$112.8 Mil. Yield Go Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.44.

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

HKSE:01796' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.36 Max: 1.21
Current: 0.44

During the past 8 years, the highest Debt-to-Equity Ratio of Yield Go Holdings was 1.21. The lowest was 0.12. And the median was 0.36.

HKSE:01796's Debt-to-Equity is ranked better than
50.3% of 1525 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:01796: 0.44

Yield Go Holdings Debt-to-Equity Historical Data

The historical data trend for Yield Go 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.

Yield Go Holdings Debt-to-Equity Chart

Yield Go Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.12

0.27

0.33

0.34

0.44

Yield Go Holdings Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial									0.36	0.34	0.38	0.44	0.44

Competitive Comparison of Yield Go Holdings's Debt-to-Equity

For the Building Products & Equipment subindustry, Yield Go 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.

Yield Go Holdings's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Yield Go Holdings's Debt-to-Equity distribution charts can be found below:

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

Yield Go Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yield Go Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.927	+	48.85)	/	113.182
	=	0.44

Yield Go Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(48.922	+	0.392)	/	112.832
	=	0.44

Yield Go Holdings (HKSE:01796) 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.

Yield Go Holdings Debt-to-Equity Related Terms

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

Yield Go Holdings (HKSE:01796) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yield Go Holdings Ltd (HKSE:01796) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Hoi Shing Road, Unit 3, 32/F, Cable TV Tower, Tsuen Wan, New Territoties, Hong Kong, HKG

Website

http://www.yield-go.com

Yield Go Holdings Ltd is an investment holding company. The company through its subsidiaries is engaged in fitting out services and supply of fitting out materials. The fitting-out works of the company are conducted on new buildings and interior renovation works on existing buildings that involve upgrades, makeovers, and demolition of existing works for residential and commercial properties in Hong Kong.

Executives

Tse Shiu Hoi	2201 Interest of corporation controlled by you
Tse's Finance Limited	2106 Person having a security interest in shares
Huang Hou	2201 Interest of corporation controlled by you
Ultra Accord Limited	2106 Person having a security interest in shares
Chu Chui Ling	2106 Person having a security interest in shares
Yuan Feng Ventures Limited	2101 Beneficial owner
Chen Yidong	2201 Interest of corporation controlled by you
Hoi Lang Holdings Ltd.	2106 Person having a security interest in shares
Master Success International Investment Limited	2101 Beneficial owner
Man Hoi Yuen	2201 Interest of corporation controlled by you
Ng Yuen Chun	2202 Interest of your spouse

Yield Go Holdings (HKSE:01796) Headlines

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