MOG Digitech Holdings (HKSE:01942) Debt-to-Equity : 0.06 (As of Sep. 2022)

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What is MOG Digitech Holdings Debt-to-Equity?

MOG Digitech Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was HK$16.6 Mil. MOG Digitech Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was HK$13.2 Mil. MOG Digitech Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2022 was HK$486.8 Mil. MOG Digitech Holdings's debt to equity for the quarter that ended in Sep. 2022 was 0.06.

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

HKSE:01942's Debt-to-Equity is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

MOG Digitech Holdings Debt-to-Equity Historical Data

The historical data trend for MOG Digitech 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.

MOG Digitech Holdings Debt-to-Equity Chart

MOG Digitech Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Debt-to-Equity

0.66

0.46

0.41

0.34

0.17

MOG Digitech Holdings Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Debt-to-Equity	Get a 7-Day Free Trial						0.17	0.17	0.15	0.14	0.06

Competitive Comparison of MOG Digitech Holdings's Debt-to-Equity

For the Medical Instruments & Supplies subindustry, MOG Digitech 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.

MOG Digitech Holdings's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, MOG Digitech Holdings's Debt-to-Equity distribution charts can be found below:

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

MOG Digitech Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MOG Digitech Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 2021 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
	=	(24.003	+	14.663)	/	227.127
	=	0.17

MOG Digitech Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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
	=	(16.611	+	13.159)	/	486.769
	=	0.06

MOG Digitech Holdings (HKSE:01942) 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.

MOG Digitech Holdings Debt-to-Equity Related Terms

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MOG Digitech Holdings (HKSE:01942) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » MOG Digitech Holdings Ltd (HKSE:01942) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8655, 9 Shihua East Road, 84 Western Style Villa, Guangdong, Zhuhai, CHN, 519015

Website

https://www.mogglobal.com

MOG Digitech Holdings Ltd is an investment holding company. It offers a wide range of optical products including lenses, frames, contact lenses, and sunglasses from international brands. Its operating segment includes Digital retail payment solutions hardware trading business, Sales of optical products, Franchise and license management, E-commerce, and Financing services. The company generates the majority of its revenue from the Digital retail payment solutions hardware trading business.

MOG Digitech Holdings (HKSE:01942) Headlines

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