Easy Smart Group Holdings (HKSE:02442) Debt-to-Equity : 0.01 (As of Dec. 2024)

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What is Easy Smart Group Holdings Debt-to-Equity?

Easy Smart Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$1.5 Mil. Easy Smart Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$0.7 Mil. Easy Smart Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$224.8 Mil. Easy Smart Group Holdings's debt to equity for the quarter that ended in Dec. 2024 was 0.01.

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

HKSE:02442' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.15
Current: 0.01

During the past 5 years, the highest Debt-to-Equity Ratio of Easy Smart Group Holdings was 0.15. The lowest was 0.00. And the median was 0.01.

HKSE:02442's Debt-to-Equity is ranked better than
99.89% of 912 companies
in the Business Services industry
Industry Median: 0.36 vs HKSE:02442: 0.01

Easy Smart Group Holdings Debt-to-Equity Historical Data

The historical data trend for Easy Smart Group 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.

Easy Smart Group Holdings Debt-to-Equity Chart

Easy Smart Group Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

0.03

0.15

0.03

0.01

Easy Smart Group Holdings Semi-Annual Data
	Jun20	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial			N/A	-	-	0.01	0.01

Competitive Comparison of Easy Smart Group Holdings's Debt-to-Equity

For the Security & Protection Services subindustry, Easy Smart Group 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.

Easy Smart Group Holdings's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Easy Smart Group Holdings's Debt-to-Equity distribution charts can be found below:

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

Easy Smart Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Easy Smart Group Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(1.475	+	1.398)	/	292.709
	=	0.01

Easy Smart Group Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(1.453	+	0.692)	/	224.768
	=	0.01

Easy Smart Group Holdings (HKSE:02442) 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.

Easy Smart Group Holdings Debt-to-Equity Related Terms

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Easy Smart Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Easy Smart Group Holdings Ltd (HKSE:02442) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

135-137 Tung Chau Street, Unit A, 10th Floor, Ming Tak Centre, Kowloon, Hong Kong, HKG

Website

https://www.easysmart.com.hk

Easy Smart Group Holdings Ltd operates as a subcontractor specializing in passive fire protection works in Hong Kong. Its passive fire protection works generally involve the design, selection, procurement, and installation of appropriate materials and components in a building to reduce or prevent the spread and effects of fire, heat, or smoke without requiring detection or activation upon detection. The Group has two principal activities: the provision of passive fire protection works and the provision of passive fire protection information services.

Executives

Lofty Profit Investments Limited	2101 Beneficial owner
Ng Wing Woon Dave	2201 Interest of corporation controlled by you
Wong Kwai Ying	2202 Interest of your spouse

Easy Smart Group Holdings Headlines

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