Vital Innovations Holdings (HKSE:06133) Debt-to-Equity : 0.05 (As of Jun. 2023)

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What is Vital Innovations Holdings Debt-to-Equity?

Vital Innovations Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$28.8 Mil. Vital Innovations Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0.2 Mil. Vital Innovations Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$563.6 Mil. Vital Innovations Holdings's debt to equity for the quarter that ended in Jun. 2023 was 0.05.

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

HKSE:06133' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.05
Current: 0.07

During the past 10 years, the highest Debt-to-Equity Ratio of Vital Innovations Holdings was 0.05. The lowest was 0.01. And the median was 0.03.

HKSE:06133's Debt-to-Equity is ranked better than
78.8% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs HKSE:06133: 0.07

Vital Innovations Holdings Debt-to-Equity Historical Data

The historical data trend for Vital Innovations 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.

Vital Innovations Holdings Debt-to-Equity Chart

Vital Innovations Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.03

0.04

0.03

0.02

0.07

Vital Innovations 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															0.03	0.05	0.02	0.05	0.07

Competitive Comparison of Vital Innovations Holdings's Debt-to-Equity

For the Consumer Electronics subindustry, Vital Innovations 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.

Vital Innovations Holdings's Debt-to-Equity Distribution in the Hardware Industry

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

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

Vital Innovations Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vital Innovations Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(9.421	+	0.629)	/	585.328
	=	0.02

Vital Innovations Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(28.786	+	0.189)	/	563.64
	=	0.05

Vital Innovations Holdings (HKSE:06133) 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.

Vital Innovations Holdings Debt-to-Equity Related Terms

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Vital Innovations Holdings (HKSE:06133) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vital Innovations Holdings Ltd (HKSE:06133) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 55 Jiachuang Second Road, Zone B, 7th Floor, Zhongguancun Science Park, OTPO-Merchatronics Industrial Park, Tongzhou District, Beijing, CHN, 101111

Website

http://www.vitalinno.com

Vital Innovations Holdings Ltd is an investment holding company. It operates in two segments: Trading of mobile telecommunication devices, which includes mobile telecommunication-related components and smart appliances; and Trading of AI and other equipment. Its geographical segments are Hong Kong, China, and Others, of which the majority of its revenue comes from Hong Kong.

Vital Innovations Holdings (HKSE:06133) Headlines

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