Casablanca Group (HKSE:02223) Debt-to-Equity : 0.05 (As of Dec. 2023)

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What is Casablanca Group Debt-to-Equity?

Casablanca Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$9.7 Mil. Casablanca Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$7.5 Mil. Casablanca Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$383.9 Mil. Casablanca Group's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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

HKSE:02223' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.31
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Casablanca Group was 0.31. The lowest was 0.01. And the median was 0.06.

HKSE:02223's Debt-to-Equity is ranked better than
88.62% of 940 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.435 vs HKSE:02223: 0.05

Casablanca Group Debt-to-Equity Historical Data

The historical data trend for Casablanca 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.

Casablanca Group Debt-to-Equity Chart

Casablanca Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.06

0.05

0.06

0.05

Casablanca Group Semi-Annual Data
	Jun14	Dec14	Jun15	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															0.06	0.08	0.06	0.06	0.05

Competitive Comparison of Casablanca Group's Debt-to-Equity

For the Textile Manufacturing subindustry, Casablanca 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.

Casablanca Group's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Casablanca Group's Debt-to-Equity distribution charts can be found below:

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

Casablanca Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Casablanca 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
	=	(9.749	+	7.49)	/	383.917
	=	0.04

Casablanca 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
	=	(9.749	+	7.49)	/	383.917
	=	0.04

Casablanca Group (HKSE:02223) 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.

Casablanca Group Debt-to-Equity Related Terms

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

Casablanca Group (HKSE:02223) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Casablanca Group Ltd (HKSE:02223) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

9-13 Wong Chuk Yeung Street, 5th floor, Yan Hing Centre, Fotan, New Territories, Hong Kong, HKG

Website

http://www.casablanca.com.hk

Casablanca Group Ltd is engaged in the design, production, distribution and retailing of home textile products and accessories. The company sells products including bedding sets, quilts, pillows, blankets, mattresses, towels and other household items under Casablanca, Casa Calvin and CASA-V brands. The company has operations in Hong Kong and Macau, the People's Republic of China, and others. The majority of its revenue is derived from Hong Kong and Macau.

Executives

Cheng Sze Kin	2202 Interest of your spouse
Wong Pik Hung	2202 Interest of your spouse
Cheng Sze Tsan	2101 Beneficial owner

Casablanca Group (HKSE:02223) Headlines

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