Golden Power Group Holdings (HKSE:03919) Debt-to-Equity : 0.72 (As of Dec. 2023)

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What is Golden Power Group Holdings Debt-to-Equity?

Golden Power Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$188.0 Mil. Golden Power Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$23.8 Mil. Golden Power Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$294.8 Mil. Golden Power Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.72.

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 Golden Power Group Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:03919' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.73 Max: 4.47
Current: 0.72

During the past 10 years, the highest Debt-to-Equity Ratio of Golden Power Group Holdings was 4.47. The lowest was 0.26. And the median was 0.73.

HKSE:03919's Debt-to-Equity is ranked worse than
77.79% of 2630 companies
in the Industrial Products industry
Industry Median: 0.29 vs HKSE:03919: 0.72

Golden Power Group Holdings Debt-to-Equity Historical Data

The historical data trend for Golden Power Group 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.

Golden Power Group Holdings Debt-to-Equity Chart

Golden Power Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.75

0.70

0.75

0.77

0.72

Golden Power Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	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															0.75	0.73	0.77	0.78	0.72

Competitive Comparison of Golden Power Group Holdings's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Golden Power Group 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.

Golden Power Group Holdings's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Golden Power Group Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Golden Power Group Holdings's Debt-to-Equity falls into.

Golden Power Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Golden Power Group 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
	=	(187.955	+	23.846)	/	294.839
	=	0.72

Golden Power Group 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
	=	(187.955	+	23.846)	/	294.839
	=	0.72

Golden Power Group Holdings (HKSE:03919) 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.

Golden Power Group Holdings Debt-to-Equity Related Terms

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

Golden Power Group Holdings (HKSE:03919) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Golden Power Group Holdings Ltd (HKSE:03919) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

57 Ting Kok Road, Flat C, 20th Floor, Block 1, Tai Ping Industrial Centre, Tai Po, New Territories, Hong Kong, HKG

Website

http://www.goldenpower.com

Golden Power Group Holdings Ltd is an investment holding company, which engages in the manufacture and sale of batteries for electronic devices. It operates through the following segments: Disposable Batteries, Rechargeable Batteries, and Other Battery-Related Products. The Disposable Batteries segment contains cylindrical batteries and micro-button cells. The Rechargeable Batteries and Other Battery-Related Products segment include battery charges, battery power packs, and electric fans. The majority of the firm's revenue is derived from the sale of disposable batteries. Its geographical segments are China, Hong Kong, Asia (except the PRC and Hong Kong), Europe, Eastern Europe, North America, South America, Australia, Africa, and the Middle East.

Executives

Golden Villa Ltd.	2101 Beneficial owner
Triumph Treasure Holdings Limited	2101 Beneficial owner
Chu King Tien	2201 Interest of corporation controlled by you
Mo Yuk Ling	2202 Interest of your spouse
Chu Shuk Ching	2201 Interest of corporation controlled by you

Golden Power Group Holdings (HKSE:03919) Headlines

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