Huabang Technology Holdings (HKSE:03638) Debt-to-Equity : 0.99 (As of Sep. 2023)

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What is Huabang Technology Holdings Debt-to-Equity?

Huabang Technology Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$165.1 Mil. Huabang Technology Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$6.3 Mil. Huabang Technology Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$172.4 Mil. Huabang Technology Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.99.

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

HKSE:03638' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.64 Max: 1.12
Current: 0.99

During the past 11 years, the highest Debt-to-Equity Ratio of Huabang Technology Holdings was 1.12. The lowest was 0.07. And the median was 0.64.

HKSE:03638's Debt-to-Equity is ranked worse than
85.99% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs HKSE:03638: 0.99

Huabang Technology Holdings Debt-to-Equity Historical Data

The historical data trend for Huabang Technology 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.

Huabang Technology Holdings Debt-to-Equity Chart

Huabang Technology Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.25

0.55

0.66

0.62

1.03

Huabang Technology Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	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															0.74	0.62	0.69	1.03	0.99

Competitive Comparison of Huabang Technology Holdings's Debt-to-Equity

For the Computer Hardware subindustry, Huabang Technology 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.

Huabang Technology Holdings's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Huabang Technology Holdings's Debt-to-Equity distribution charts can be found below:

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

Huabang Technology Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Huabang Technology Holdings'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
	=	(176.629	+	7.943)	/	179.935
	=	1.03

Huabang Technology Holdings'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
	=	(165.073	+	6.277)	/	172.422
	=	0.99

Huabang Technology Holdings (HKSE:03638) 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.

Huabang Technology Holdings Debt-to-Equity Related Terms

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

Huabang Technology Holdings (HKSE:03638) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Huabang Technology Holdings Ltd (HKSE:03638) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Wang Chiu Road, 33rd Floor, Enterprise Square Three, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

http://www.huabangfinancial.com

Huabang Technology Holdings Ltd is an investment holding company. The operating segments of the company include the Trading segment (Computer and peripheral products business and electronics products), the Food trading business, and the Financial Services business (including securities brokerage business, advisory services business, and money lending business). The company generates maximum revenue from the Computer and peripheral products business segment.

Executives

Cheung Lit Wan Kenneth	2201 Interest of corporation controlled by you
Talent Virtue International Limited	2101 Beneficial owner
Forever Star Capital Limited	2101 Beneficial owner
Shen Wei	2201 Interest of corporation controlled by you
Luo Jian	2101 Beneficial owner
Lin Rui Ping	2101 Beneficial owner
Lu George	2202 Interest of your spouse
Xin Bang Jin Rong Ji Tuan You Xian Gong Si	2101 Beneficial owner
China Goldjoy Securities Limited

Huabang Technology Holdings (HKSE:03638) Headlines

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