Landrich Holding (HKSE:02132) Debt-to-Equity : 0.07 (As of Sep. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Landrich Holding Debt-to-Equity?

Landrich Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$19 Mil. Landrich Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$2 Mil. Landrich Holding's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$306 Mil. Landrich Holding's debt to equity for the quarter that ended in Sep. 2023 was 0.07.

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 Landrich Holding's Debt-to-Equity or its related term are showing as below:

HKSE:02132' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.11 Max: 0.29
Current: 0.07

During the past 8 years, the highest Debt-to-Equity Ratio of Landrich Holding was 0.29. The lowest was 0.00. And the median was 0.11.

HKSE:02132's Debt-to-Equity is ranked better than
85.9% of 1525 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:02132: 0.07

Landrich Holding Debt-to-Equity Historical Data

The historical data trend for Landrich Holding'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.

Landrich Holding Debt-to-Equity Chart

Landrich Holding Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.29

0.21

0.07

0.13

0.11

Landrich Holding Semi-Annual Data
	Mar16	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial								0.10	0.13	0.14	0.11	0.07

Competitive Comparison of Landrich Holding's Debt-to-Equity

For the Engineering & Construction subindustry, Landrich Holding'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.

Landrich Holding's Debt-to-Equity Distribution in the Construction Industry

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

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

Landrich Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Landrich Holding's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(31.879	+	0.846)	/	288.661
	=	0.11

Landrich Holding's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(18.789	+	1.688)	/	306.47
	=	0.07

Landrich Holding (HKSE:02132) 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.

Landrich Holding Debt-to-Equity Related Terms

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

Landrich Holding (HKSE:02132) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Landrich Holding Ltd (HKSE:02132) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Sha Tsui Road, Unit 2808, 28th Floor, The Octagon, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.landrich.com.hk

Landrich Holding Ltd is a construction company. It undertakes civil engineering works as either a main contractor or a subcontractor. The civil engineering projects can be broadly classified as roads and drainage works and site formation works. Further the company is also involved in the building works.

Executives

New Brilliance Enterprises Limited	2101 Beneficial owner
Tsui Kai Kwong	2201 Interest of corporation controlled by you
Wong Cheuk Mui	2202 Interest of your spouse

Landrich Holding (HKSE:02132) Headlines

No Headlines