Powerwin Tech Group (HKSE:02405) Debt-to-Equity : 2.10 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Powerwin Tech Group Debt-to-Equity?

Powerwin Tech Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$475.22 Mil. Powerwin Tech Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$7.97 Mil. Powerwin Tech Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$230.53 Mil. Powerwin Tech Group's debt to equity for the quarter that ended in Dec. 2023 was 2.10.

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

HKSE:02405' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.1 Med: 4.65 Max: 6.7
Current: 2.1

During the past 5 years, the highest Debt-to-Equity Ratio of Powerwin Tech Group was 6.70. The lowest was 2.10. And the median was 4.65.

HKSE:02405's Debt-to-Equity is ranked worse than
91.04% of 848 companies
in the Media - Diversified industry
Industry Median: 0.28 vs HKSE:02405: 2.10

Powerwin Tech Group Debt-to-Equity Historical Data

The historical data trend for Powerwin Tech 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.

Powerwin Tech Group Debt-to-Equity Chart

Powerwin Tech Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

6.70

2.85

5.34

4.65

2.10

Powerwin Tech Group Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				N/A	6.86	4.65	1.41	2.10

Competitive Comparison of Powerwin Tech Group's Debt-to-Equity

For the Advertising Agencies subindustry, Powerwin Tech 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.

Powerwin Tech Group's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Powerwin Tech Group's Debt-to-Equity distribution charts can be found below:

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

Powerwin Tech Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Powerwin Tech 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
	=	(475.219	+	7.974)	/	230.53
	=	2.10

Powerwin Tech 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
	=	(475.219	+	7.974)	/	230.53
	=	2.10

Powerwin Tech Group (HKSE:02405) 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.

Powerwin Tech Group Debt-to-Equity Related Terms

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

Powerwin Tech Group (HKSE:02405) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Powerwin Tech Group Ltd (HKSE:02405) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

348 Kwun Tong Road, 5th Floor, Manulife Place, Kowloon, Hong Kong, HKG

Website

https://www.empowerwin.com

Powerwin Tech Group Ltd is a cross-border digital marketing service provider in China. It covers mainstream media platforms such as Facebook, Instagram, Messenger, Google, Twitter, TikTok, YouTube, Snapchat, and Pinterest, providing customers with diversified and full-link cross-border digital marketing services and online shop SaaS solutions.

Powerwin Tech Group (HKSE:02405) Headlines

No Headlines