Everbright Grand China Assets (HKSE:03699) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Everbright Grand China Assets Debt-to-Equity?

Everbright Grand China Assets's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1.34 Mil. Everbright Grand China Assets's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.23 Mil. Everbright Grand China Assets's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,063.55 Mil. Everbright Grand China Assets's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Everbright Grand China Assets's Debt-to-Equity or its related term are showing as below:

During the past 10 years, the highest Debt-to-Equity Ratio of Everbright Grand China Assets was 0.12. The lowest was 0.00. And the median was 0.03.

HKSE:03699's Debt-to-Equity is not ranked ^*
in the Real Estate industry.
Industry Median: 0.76
* Ranked among companies with meaningful Debt-to-Equity only.

Everbright Grand China Assets Debt-to-Equity Historical Data

The historical data trend for Everbright Grand China Assets'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.

Everbright Grand China Assets Debt-to-Equity Chart

Everbright Grand China Assets Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.03

0.02

0.01

Everbright Grand China Assets Semi-Annual Data
	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													0.01	-	-	-	-

Competitive Comparison of Everbright Grand China Assets's Debt-to-Equity

For the Real Estate Services subindustry, Everbright Grand China Assets'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.

Everbright Grand China Assets's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Everbright Grand China Assets's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Everbright Grand China Assets's Debt-to-Equity falls into.

Everbright Grand China Assets Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Everbright Grand China Assets'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
	=	(1.337	+	0.225)	/	1063.546
	=	0.00

Everbright Grand China Assets'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
	=	(1.337	+	0.225)	/	1063.546
	=	0.00

Everbright Grand China Assets (HKSE:03699) 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.

Everbright Grand China Assets Debt-to-Equity Related Terms

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

Everbright Grand China Assets (HKSE:03699) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Everbright Grand China Assets Ltd (HKSE:03699) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

56 Gloucester Road, Room 1302, 13th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG

Website

https://www.ebgca.com.hk

Everbright Grand China Assets Ltd is a property management company engaged in property leasing, provision of property management services, and sales of properties held for sale. The Group's leasing properties are located in Chengdu, Sichuan province, and Kunming, Yunnan province in the PRC.

Executives

Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Zhong Guo Guang Da Ji Tuan Gu Fen Gong Si	2201 Interest of corporation controlled by you
Top Charm Investments Limited	2101 Beneficial owner
Guo Ji Yong Nian You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Guang Da Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Cai Lian Tou Zi You Xian Gong Si	2101 Beneficial owner

Everbright Grand China Assets (HKSE:03699) Headlines

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