Evergreen Products Group (HKSE:01962) Debt-to-Equity : 0.72 (As of Dec. 2023)

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What is Evergreen Products Group Debt-to-Equity?

Evergreen Products Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$570.4 Mil. Evergreen Products Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$44.6 Mil. Evergreen Products Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$851.6 Mil. Evergreen Products Group's debt to equity for the quarter that ended in Dec. 2023 was 0.72.

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 Evergreen Products Group's Debt-to-Equity or its related term are showing as below:

HKSE:01962' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.61 Med: 0.86 Max: 3.52
Current: 0.72

During the past 10 years, the highest Debt-to-Equity Ratio of Evergreen Products Group was 3.52. The lowest was 0.61. And the median was 0.86.

HKSE:01962's Debt-to-Equity is ranked worse than
67.7% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs HKSE:01962: 0.72

Evergreen Products Group Debt-to-Equity Historical Data

The historical data trend for Evergreen Products Group'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.

Evergreen Products Group Debt-to-Equity Chart

Evergreen Products Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.85

0.90

0.73

0.61

0.72

Evergreen Products Group Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial													0.73	0.78	0.61	0.61	0.72

Competitive Comparison of Evergreen Products Group's Debt-to-Equity

For the Household & Personal Products subindustry, Evergreen Products Group'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.

Evergreen Products Group's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Evergreen Products Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Evergreen Products Group's Debt-to-Equity falls into.

Evergreen Products Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Evergreen Products Group'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
	=	(570.407	+	44.595)	/	851.626
	=	0.72

Evergreen Products Group'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
	=	(570.407	+	44.595)	/	851.626
	=	0.72

Evergreen Products Group (HKSE:01962) 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.

Evergreen Products Group Debt-to-Equity Related Terms

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

Evergreen Products Group (HKSE:01962) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Evergreen Products Group Ltd (HKSE:01962) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

30-32 Kung Yip Street, 11th Floor, Chiap Luen Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.epfhk.com

Evergreen Products Group Ltd is a manufacturer of hair goods. The group designs, manufacture and sell a wide range of hair goods made with synthetic fibers and human hair, including wigs, hairpieces, braids, and high-end human hair extensions. It boasts a comprehensive product portfolio targeted at different ethnic groups and the Halloween market. Its geographical segments are the United States, China, Bangladesh, United Kingdom, Japan, Germany, and others, of which the majority of its revenue comes from Bangladesh.

Executives

Seavi Advent Investments Ltd	2101 Beneficial owner
Clc Investment Worldwide Limited	2201 Interest of corporation controlled by you
Evergreen Enterprise Holdings Limited	2101 Beneficial owner
Fc Investment Worldwide Limited	2201 Interest of corporation controlled by you
Golden Evergreen Limited	2201 Interest of corporation controlled by you
Hsbc International Trustee Limited	2301 Trustee
Chang Yoe Chong Felix	2101 Beneficial owner
Wong Hor Yan	2202 Interest of your spouse
Chang Chih Lung	2307 Founder of a discretionary trust who can infl
Precision Global Capital Management Llc	2102 Investment manager

Evergreen Products Group (HKSE:01962) Headlines

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