IBO Technology Co (HKSE:02708) Debt-to-Equity : 0.56 (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is IBO Technology Co Debt-to-Equity?

IBO Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$234.1 Mil. IBO Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$28.4 Mil. IBO Technology Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$467.9 Mil. IBO Technology Co's debt to equity for the quarter that ended in Sep. 2023 was 0.56.

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 IBO Technology Co's Debt-to-Equity or its related term are showing as below:

HKSE:02708' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.45 Max: 1.91
Current: 0.56

During the past 9 years, the highest Debt-to-Equity Ratio of IBO Technology Co was 1.91. The lowest was 0.03. And the median was 0.45.

HKSE:02708's Debt-to-Equity is ranked worse than
74.26% of 2207 companies
in the Software industry
Industry Median: 0.2 vs HKSE:02708: 0.56

IBO Technology Co Debt-to-Equity Historical Data

The historical data trend for IBO Technology Co'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.

IBO Technology Co Debt-to-Equity Chart

IBO Technology Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.20

0.62

0.46

0.30

0.44

IBO Technology Co Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial												0.36	0.30	0.29	0.44	0.56

Competitive Comparison of IBO Technology Co's Debt-to-Equity

For the Software - Infrastructure subindustry, IBO Technology Co'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.

IBO Technology Co's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, IBO Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where IBO Technology Co's Debt-to-Equity falls into.

IBO Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IBO Technology Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(219.906	+	38.984)	/	585.281
	=	0.44

IBO Technology Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(234.13	+	28.4)	/	467.898
	=	0.56

IBO Technology Co (HKSE:02708) 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.

IBO Technology Co Debt-to-Equity Related Terms

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

IBO Technology Co (HKSE:02708) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IBO Technology Co Ltd (HKSE:02708) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9116 Beihuan Avenue, Level 6, Block A, Fu Wah Technology Building, Nanshan, Shenzhen, CHN

Website

http://www.ibotech.hk

IBO Technology Co Ltd is engaged in providing the Internet of Things (IoT) intelligent terminal product applications and solutions services in the People's Republic of China. The company operates in four segments. Its System integration segment provides coordination, management, and installation services. The Intelligent terminal products sales segment is involved in the sale of intelligent terminal products. Its Software development segment develops customized software. The company's System maintenance services segment renders system maintenance services. The key revenue is derived from the Intelligent terminal products sales segment. The company earns the majority of its revenue is derived from customers located in the PRC.

Executives

Shine Well Holdings Limited	2101 Beneficial owner
Ho Fung Lin	2202 Interest of your spouse
Lai Tse Ming	2101 Beneficial owner
Han Xiao
Xiong Shaoming
Value Convergence Holdings Limited	2101 Beneficial owner
Cheng Yao Chun
Liao Cheng Chi
Skill Time Developments Limited
Lo Yu Sai	2101 Beneficial owner
Tang Chiu Mui	2202 Interest of your spouse
Yu Shaoguang
Zheng Miaofang

IBO Technology Co (HKSE:02708) Headlines

No Headlines