Tenfu (Cayman) Holdings Co (HKSE:06868) Debt-to-Equity : 0.44 (As of Jun. 2024)

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What is Tenfu (Cayman) Holdings Co Debt-to-Equity?

Tenfu (Cayman) Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$603 Mil. Tenfu (Cayman) Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$224 Mil. Tenfu (Cayman) Holdings Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$1,866 Mil. Tenfu (Cayman) Holdings Co's debt to equity for the quarter that ended in Jun. 2024 was 0.44.

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 Tenfu (Cayman) Holdings Co's Debt-to-Equity or its related term are showing as below:

HKSE:06868' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.36 Max: 0.53
Current: 0.44

During the past 13 years, the highest Debt-to-Equity Ratio of Tenfu (Cayman) Holdings Co was 0.53. The lowest was 0.05. And the median was 0.36.

HKSE:06868's Debt-to-Equity is ranked worse than
53.22% of 1646 companies
in the Consumer Packaged Goods industry
Industry Median: 0.395 vs HKSE:06868: 0.44

Tenfu (Cayman) Holdings Co Debt-to-Equity Historical Data

The historical data trend for Tenfu (Cayman) Holdings 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.

Tenfu (Cayman) Holdings Co Debt-to-Equity Chart

Tenfu (Cayman) Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.40

0.42

0.41

0.48

0.38

Tenfu (Cayman) Holdings Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.49	0.48	0.48	0.38	0.44

Competitive Comparison of Tenfu (Cayman) Holdings Co's Debt-to-Equity

For the Packaged Foods subindustry, Tenfu (Cayman) Holdings 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.

Tenfu (Cayman) Holdings Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tenfu (Cayman) Holdings Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tenfu (Cayman) Holdings Co's Debt-to-Equity falls into.

Tenfu (Cayman) Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tenfu (Cayman) Holdings Co'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
	=	(572.394	+	172.952)	/	1953.174
	=	0.38

Tenfu (Cayman) Holdings Co's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(603.15	+	223.573)	/	1865.863
	=	0.44

Tenfu (Cayman) Holdings Co (HKSE:06868) 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.

Tenfu (Cayman) Holdings Co Debt-to-Equity Related Terms

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Tenfu (Cayman) Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tenfu (Cayman) Holdings Co Ltd (HKSE:06868) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2901 Building C, No. 25 Jiahe Road, Xinjing Commerce Center, Xiamen, CHN

Website

http://www.tenfu.com

Tenfu (Cayman) Holdings Co Ltd is a China-based tea product company. It is engaged in marketing and sale of tea products, and development of product concepts, tastes, and packaging designs, through its subsidiaries. The main product segments of the company are Tea leaves, Tea snacks, and Teaware. The group offers green tea, black tea, oolong tea, scented tea, white tea, and other tea products. It principally operates in China and generates the majority of the revenue from the Tea leaves segment.

Executives

Lee Chia Ling	2307 Founder of a discretionary trust who can infl
Lee Kuo-lin	2305 Beneficiary of a trust
Lee Rie-ho	2201 Interest of corporation controlled by you
Spring Cheers Overseas Ltd	2101 Beneficial owner
Tsai Shan Jen	2101 Beneficial owner
Zhou Nannan	2202 Interest of your spouse
Lee John L	2305 Beneficiary of a trust
Tiger Nature Holdings Limited	2201 Interest of corporation controlled by you
Trackson Investments Limited	2101 Beneficial owner
Ubs Tc (jersey) Ltd
Discerning Group Limited	2101 Beneficial owner
Lee Tsai Li Li	2202 Interest of your spouse

Tenfu (Cayman) Holdings Co Headlines

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