Plus Group Holdings (HKSE:02486) Debt-to-Equity : 0.11 (As of Dec. 2023)

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What is Plus Group Holdings Debt-to-Equity?

Plus Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$60.4 Mil. Plus Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.0 Mil. Plus Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$555.8 Mil. Plus Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.11.

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

HKSE:02486' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.17 Max: 0.19
Current: 0.11

During the past 4 years, the highest Debt-to-Equity Ratio of Plus Group Holdings was 0.19. The lowest was 0.11. And the median was 0.17.

HKSE:02486's Debt-to-Equity is ranked better than
70.28% of 848 companies
in the Media - Diversified industry
Industry Median: 0.28 vs HKSE:02486: 0.11

Plus Group Holdings Debt-to-Equity Historical Data

The historical data trend for Plus 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.

Plus Group Holdings Debt-to-Equity Chart

Plus Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.15

0.19

0.18

0.11

Plus Group Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.19	N/A	0.18	0.05	0.11

Competitive Comparison of Plus Group Holdings's Debt-to-Equity

For the Advertising Agencies subindustry, Plus 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.

Plus Group Holdings's Debt-to-Equity Distribution in the Media - Diversified Industry

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

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

Plus Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Plus Group Holdings'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
	=	(60.411	+	0.005)	/	555.839
	=	0.11

Plus Group Holdings'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
	=	(60.411	+	0.005)	/	555.839
	=	0.11

Plus Group Holdings (HKSE:02486) 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.

Plus Group Holdings Debt-to-Equity Related Terms

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Plus Group Holdings (HKSE:02486) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Plus Group Holdings Inc (HKSE:02486) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 652 Changshou Road, 2nd Floor–3rd Floor, Building 6, Putuo, Shanghai, CHN

Website

https://www.plscn.com

Plus Group Holdings Inc is an established digitalized sales and marketing service provider, primarily focusing on market-leading FMCG brand owners. Its services aim at digitalizing and systemizing offline commerce. The company offers four types of services, including (i) on-site solution; (ii) field force assignment; (iii) matching service; and (iv) SaaS+ subscription. Its service network has extensive coverage in terms of the scale of customers, geographical locations and types of tasks. The majority of revenue is derived from the On-site solution services. The on-site solution offers solution services for customized sales and marketing activities with the set up of offline venues and event materials.

Plus Group Holdings (HKSE:02486) Headlines

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