TBK & Sons Holdings (HKSE:01960) Debt-to-Equity : 0.05 (As of Dec. 2023)

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What is TBK & Sons Holdings Debt-to-Equity?

TBK & Sons Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$10.3 Mil. TBK & Sons Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1.1 Mil. TBK & Sons Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$223.9 Mil. TBK & Sons Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

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

HKSE:01960' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.07 Max: 1.49
Current: 0.05

During the past 8 years, the highest Debt-to-Equity Ratio of TBK & Sons Holdings was 1.49. The lowest was 0.05. And the median was 0.07.

HKSE:01960's Debt-to-Equity is ranked better than
89.06% of 1526 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:01960: 0.05

TBK & Sons Holdings Debt-to-Equity Historical Data

The historical data trend for TBK & Sons 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.

TBK & Sons Holdings Debt-to-Equity Chart

TBK & Sons Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.20

0.07

0.06

0.07

TBK & Sons Holdings Semi-Annual Data
	Jun16	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.05	0.07	0.05	0.07	0.05

Competitive Comparison of TBK & Sons Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, TBK & Sons 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.

TBK & Sons Holdings's Debt-to-Equity Distribution in the Construction Industry

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

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

TBK & Sons Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TBK & Sons Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(13.663	+	2.059)	/	241.945
	=	0.06

TBK & Sons 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
	=	(10.338	+	1.105)	/	223.949
	=	0.05

TBK & Sons Holdings (HKSE:01960) 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.

TBK & Sons Holdings Debt-to-Equity Related Terms

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TBK & Sons Holdings (HKSE:01960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » TBK & Sons Holdings Ltd (HKSE:01960) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Batu 2 Jalan Seremban, Lot 333, Kampung Paya, Port Dickson, NSN, MYS, 71000

Website

https://www.tbkssb.com.my

TBK & Sons Holdings Ltd is an investment holding company. Its operating segments are: Site preparation works projects, Construction and renovation works projects, Civil works projects, Building works projects, and Trading of oil and related products. The company generates a majority of its revenue from the trading of oil and related products. The civil works projects segment deals in site preparation work such as earthwork, demolition works, and temporary facilities infrastructure construction, including building temporary site offices, canteens, warehouses, and other civil works. Geographically, it operates in Hong Kong, Malaysia, and the PRC, with the maximum revenue generated from the People's Republic of China.

Executives

Fuji Investment Spc	2201 Interest of corporation controlled by you
Victory Lead Ventures Limited	2101 Beneficial owner
Tan Han Peng	2201 Interest of corporation controlled by you
Tan Hun Tiong	2201 Interest of corporation controlled by you
Tan Siew Hong	2202 Interest of your spouse
Tbk & Sons International Limited	2101 Beneficial owner
Yang Dunwei	2201 Interest of corporation controlled by you
Hong Hui Guo Ji You Xian Gong Si	2106 Person having a security interest in shares

TBK & Sons Holdings (HKSE:01960) Headlines

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