Acme International Holdings (HKSE:01870) Debt-to-Equity : 0.60 (As of Jun. 2024)

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What is Acme International Holdings Debt-to-Equity?

Acme International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$63.2 Mil. Acme International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$2.0 Mil. Acme International Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$109.3 Mil. Acme International Holdings's debt to equity for the quarter that ended in Jun. 2024 was 0.60.

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

HKSE:01870' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.17 Max: 0.86
Current: 0.6

During the past 8 years, the highest Debt-to-Equity Ratio of Acme International Holdings was 0.86. The lowest was 0.02. And the median was 0.17.

HKSE:01870's Debt-to-Equity is ranked worse than
59.76% of 1563 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:01870: 0.60

Acme International Holdings Debt-to-Equity Historical Data

The historical data trend for Acme International 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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Acme International Holdings Debt-to-Equity Chart

Acme International Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.35

0.57

0.59

Acme International Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial									0.86	0.57	0.52	0.59	0.60

Competitive Comparison of Acme International Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, Acme International 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.

Acme International Holdings's Debt-to-Equity Distribution in the Construction Industry

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

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

Acme International Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Acme International 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
	=	(4.683	+	57.363)	/	104.742
	=	0.59

Acme International 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
	=	(63.171	+	2.046)	/	109.294
	=	0.60

Acme International Holdings (HKSE:01870) 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.

Acme International Holdings Debt-to-Equity Related Terms

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Acme International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Acme International Holdings Ltd (HKSE:01870) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Unit 3007-3008, 30 Floor, West Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG

Website

https://www.acmehld.com

Acme International Holdings Ltd is engaged in providing one-stop design and build solutions for BMU systems works, and development, design, production, and sales of new energy generation and energy storage systems, and provision of services for sales of electricity. The group has two reportable segments BMU Systems Business which is engaged in the provision of design and build solutions for BMU systems; and Green New Energy Business which is engaged in the development, design, production, and sale of new energy generation and energy storage system and provision of services for sales of electricity. It generates the majority of its revenue from the BMU Systems Business segment.

Executives

Timeness Vision Limited	2201 Interest of corporation controlled by you
Teng Rongsong	2201 Interest of corporation controlled by you
Rr (bvi) Limited	2101 Beneficial owner
Kwan Kam Tim	2201 Interest of corporation controlled by you
Ma Lai Ling	2202 Interest of your spouse
Zhao Yuzhu	2101 Beneficial owner
Liao Shigang	2202 Interest of your spouse
Treasure Ship Holding Limited	2101 Beneficial owner
Lin Zhang	2201 Interest of corporation controlled by you

Acme International Holdings Headlines

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