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Holly Futures Co (HKSE:03678) Debt-to-Equity : 0.17 (As of Jun. 2024)


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What is Holly Futures Co Debt-to-Equity?

Holly Futures Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$23 Mil. Holly Futures Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$310 Mil. Holly Futures Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$2,000 Mil. Holly Futures Co's debt to equity for the quarter that ended in Jun. 2024 was 0.17.

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

HKSE:03678' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.1   Max: 0.17
Current: 0.17

During the past 10 years, the highest Debt-to-Equity Ratio of Holly Futures Co was 0.17. The lowest was 0.02. And the median was 0.10.

HKSE:03678's Debt-to-Equity is ranked better than
60.3% of 597 companies
in the Capital Markets industry
Industry Median: 0.3 vs HKSE:03678: 0.17

Holly Futures Co Debt-to-Equity Historical Data

The historical data trend for Holly Futures 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.

Holly Futures Co Debt-to-Equity Chart

Holly Futures Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.04 0.10 0.08 0.10

Holly Futures Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.10 N/A 0.17 N/A

Competitive Comparison of Holly Futures Co's Debt-to-Equity

For the Capital Markets subindustry, Holly Futures 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.


Holly Futures Co's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Holly Futures Co's Debt-to-Equity distribution charts can be found below:

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



Holly Futures Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Holly Futures Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Holly Futures Co's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

* 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.


Holly Futures Co  (HKSE:03678) 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.


Holly Futures Co Debt-to-Equity Related Terms

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


Holly Futures Co Business Description

Traded in Other Exchanges
Address
Jiang Dong Zhong Road, Building 3, No. 399, Jianye District, Jiangsu Province, Nanjing, CHN, 210019
Holly Futures Co Ltd is engaged in futures brokerage and asset management businesses. The company operates through two segments. The Futures Brokerage and Asset Management segment is engaged in the trading of commodity futures and financial futures on behalf of clients and the development and sales of asset management products and services. This segment is also involved in the investment in asset management plans, bank wealth management products, listed and unlisted securities, trust schemes, funds, and derivative financial instruments. The Commodity Trading and Risk Management segment is engaged in the provision of purchase and resale of commodities, futures arbitrage, variation basis trading, and hedging. The company has operations in Mainland China and Hong Kong.
Executives
Jiang Su Sheng Su Hao Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Shan You Xian Gong Si 2101 Beneficial owner
Huang Jieping 2201 Interest of corporation controlled by you
Shang Hai Tai He Yi Tian Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Zhong Shan Yi Gao Tou Zi Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Chang Hong Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you

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