Clifford Modern Living Holdings (HKSE:03686) Debt-to-Equity : 0.07 (As of Dec. 2023)

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What is Clifford Modern Living Holdings Debt-to-Equity?

Clifford Modern Living Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$11.9 Mil. Clifford Modern Living Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$42.6 Mil. Clifford Modern Living Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$767.0 Mil. Clifford Modern Living Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

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 Clifford Modern Living Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:03686' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.08 Max: 0.12
Current: 0.07

During the past 11 years, the highest Debt-to-Equity Ratio of Clifford Modern Living Holdings was 0.12. The lowest was 0.02. And the median was 0.08.

HKSE:03686's Debt-to-Equity is ranked better than
87.81% of 279 companies
in the Retail - Defensive industry
Industry Median: 0.62 vs HKSE:03686: 0.07

Clifford Modern Living Holdings Debt-to-Equity Historical Data

The historical data trend for Clifford Modern Living 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.

Clifford Modern Living Holdings Debt-to-Equity Chart

Clifford Modern Living Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.07

0.09

0.12

0.11

0.07

Clifford Modern Living Holdings Semi-Annual Data
	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial														0.12	0.11	0.11	0.09	0.07

Competitive Comparison of Clifford Modern Living Holdings's Debt-to-Equity

For the Grocery Stores subindustry, Clifford Modern Living 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.

Clifford Modern Living Holdings's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Clifford Modern Living Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Clifford Modern Living Holdings's Debt-to-Equity falls into.

Clifford Modern Living Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Clifford Modern Living 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
	=	(11.922	+	42.55)	/	766.995
	=	0.07

Clifford Modern Living 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
	=	(11.922	+	42.55)	/	766.995
	=	0.07

Clifford Modern Living Holdings (HKSE:03686) 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.

Clifford Modern Living Holdings Debt-to-Equity Related Terms

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Clifford Modern Living Holdings (HKSE:03686) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Clifford Modern Living Holdings Ltd (HKSE:03686) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Shiguang Road, Panyu, Guangdong, Guangzhou, CHN, 511496

Website

http://www.cliffordmodernliving.com

Clifford Modern Living Holdings Ltd is an investment holding company. The group is engaged in the provision of services to residents in properties developed under the brand name Clifford, including retail services, catering services, property management services, laundry services, off-campus training services, property agency services, employment placement services, information technology services, renovation and fitting-out services, in the PRC Mainland. It is a diversified service portfolio comprising six main service segments; Property management services, Renovation and fitting-out services, Retail services, Off-campus training services, Information technology services and Ancillary Living Services.

Executives

Man Lai Hung	2101 Beneficial owner
Pang Lun Kee Clifford	2202 Interest of your spouse
Elland Holdings Limited	2101 Beneficial owner

Clifford Modern Living Holdings (HKSE:03686) Headlines

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