Dalipal Holdings (HKSE:01921) Debt-to-Equity : 1.22 (As of Dec. 2023)

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What is Dalipal Holdings Debt-to-Equity?

Dalipal Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,291 Mil. Dalipal Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$651 Mil. Dalipal Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,598 Mil. Dalipal Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.22.

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

HKSE:01921' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.22 Med: 1.42 Max: 2.19
Current: 1.22

During the past 8 years, the highest Debt-to-Equity Ratio of Dalipal Holdings was 2.19. The lowest was 1.22. And the median was 1.42.

HKSE:01921's Debt-to-Equity is ranked worse than
79.88% of 830 companies
in the Oil & Gas industry
Industry Median: 0.45 vs HKSE:01921: 1.22

Dalipal Holdings Debt-to-Equity Historical Data

The historical data trend for Dalipal 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.

Dalipal Holdings Debt-to-Equity Chart

Dalipal Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.46

1.52

1.83

1.39

1.22

Dalipal Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									1.83	1.76	1.39	1.37	1.22

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

For the Oil & Gas Equipment & Services subindustry, Dalipal 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.

Dalipal Holdings's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dalipal Holdings's Debt-to-Equity distribution charts can be found below:

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

Dalipal Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dalipal 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
	=	(1290.566	+	651.202)	/	1598.118
	=	1.22

Dalipal Holdings'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
	=	(1290.566	+	651.202)	/	1598.118
	=	1.22

Dalipal Holdings (HKSE:01921) 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.

Dalipal Holdings Debt-to-Equity Related Terms

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

Dalipal Holdings (HKSE:01921) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dalipal Holdings Ltd (HKSE:01921) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nanshugang Road, No.1 Zhuangbei District, Bohai New District, Hebei Province, Cangzhou, CHN

Website

http://www.dalipal.com

Dalipal Holdings Ltd is engaged in the development, manufacture and sale of oil and gas pipes, new energy pipes and special seamless steel pipes and and other products. The company generates the majority of the revenue from the Sales of oil and gas pipes. The company operates in China and overseas, out of which China accounts for the majority of the revenue.

Executives

Luo Yumei	2202 Interest of your spouse
Meng Fanyong	2101 Beneficial owner
Sheng Xing You Xian Gong Si	2101 Beneficial owner
Xing Jie You Xian Gong Si	2101 Beneficial owner

Dalipal Holdings (HKSE:01921) Headlines

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