Kato (Hong Kong) Holdings (HKSE:02189) Debt-to-Equity : 0.81 (As of Sep. 2024)

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What is Kato (Hong Kong) Holdings Debt-to-Equity?

Kato (Hong Kong) Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$56.8 Mil. Kato (Hong Kong) Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$301.0 Mil. Kato (Hong Kong) Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was HK$440.9 Mil. Kato (Hong Kong) Holdings's debt to equity for the quarter that ended in Sep. 2024 was 0.81.

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 Kato (Hong Kong) Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:02189' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38 Med: 0.83 Max: 6.42
Current: 0.81

During the past 9 years, the highest Debt-to-Equity Ratio of Kato (Hong Kong) Holdings was 6.42. The lowest was 0.38. And the median was 0.83.

HKSE:02189's Debt-to-Equity is ranked worse than
68.22% of 557 companies
in the Healthcare Providers & Services industry
Industry Median: 0.45 vs HKSE:02189: 0.81

Kato (Hong Kong) Holdings Debt-to-Equity Historical Data

The historical data trend for Kato (Hong Kong) 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.

Kato (Hong Kong) Holdings Debt-to-Equity Chart

Kato (Hong Kong) Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.72

1.47

1.01

0.73

0.89

Kato (Hong Kong) Holdings Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial											0.87	0.73	0.76	0.89	0.81

Competitive Comparison of Kato (Hong Kong) Holdings's Debt-to-Equity

For the Medical Care Facilities subindustry, Kato (Hong Kong) 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.

Kato (Hong Kong) Holdings's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kato (Hong Kong) Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kato (Hong Kong) Holdings's Debt-to-Equity falls into.

Kato (Hong Kong) Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kato (Hong Kong) Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(55.106	+	329.197)	/	434.293
	=	0.88

Kato (Hong Kong) Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(56.836	+	301)	/	440.894
	=	0.81

Kato (Hong Kong) Holdings (HKSE:02189) 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.

Kato (Hong Kong) Holdings Debt-to-Equity Related Terms

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

Kato (Hong Kong) Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Kato (Hong Kong) Holdings Ltd (HKSE:02189) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Tsing Ling Path, 1st Floor, Tung Wai Court, Tuen Mun, New Territories, Hong Kong, HKG

Website

https://www.elderlyhk.com

Kato (Hong Kong) Holdings Ltd is an established operator of residential care homes and daycare services for the elderly in Hong Kong. The company offers a wide range of residential care services for the elderly including; the provision of accommodation, professional nursing and care-taking services, nutritional management, medical services, physiotherapy and occupational therapy services, individual care plans and recreational services; and the sale of healthcare and medical goods and the provision of add-on healthcare services to residents.

Executives

Wei Xiaoling	2202 Interest of your spouse
Ngai Shi Shing Godfrey	2101 Beneficial owner
Wei Xiaoling	2202 Interest of your spouse
Lam Kong	2101 Beneficial owner
Kwong Kai To	2202 Interest of your spouse
Ngai Ka Yee	2101 Beneficial owner
Sheung Fung Limited	2101 Beneficial owner
Shi Fung (ptc) Limited	2301 Trustee

Kato (Hong Kong) Holdings Headlines

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