HG Semiconductor (HKSE:06908) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is HG Semiconductor Debt-to-Equity?

HG Semiconductor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$12.94 Mil. HG Semiconductor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5.28 Mil. HG Semiconductor's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$747.85 Mil. HG Semiconductor's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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 HG Semiconductor's Debt-to-Equity or its related term are showing as below:

HKSE:06908' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.1 Max: 0.4
Current: 0.02

During the past 10 years, the highest Debt-to-Equity Ratio of HG Semiconductor was 0.40. The lowest was 0.02. And the median was 0.10.

HKSE:06908's Debt-to-Equity is ranked better than
93.94% of 2623 companies
in the Industrial Products industry
Industry Median: 0.28 vs HKSE:06908: 0.02

HG Semiconductor Debt-to-Equity Historical Data

The historical data trend for HG Semiconductor'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.

HG Semiconductor Debt-to-Equity Chart

HG Semiconductor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.10

0.09

0.05

0.10

0.02

HG Semiconductor 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													0.05	0.06	0.10	0.04	0.02

Competitive Comparison of HG Semiconductor's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, HG Semiconductor'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.

HG Semiconductor's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, HG Semiconductor's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where HG Semiconductor's Debt-to-Equity falls into.

HG Semiconductor Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HG Semiconductor'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
	=	(12.938	+	5.281)	/	747.849
	=	0.02

HG Semiconductor'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
	=	(12.938	+	5.281)	/	747.849
	=	0.02

HG Semiconductor (HKSE:06908) 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.

HG Semiconductor Debt-to-Equity Related Terms

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HG Semiconductor (HKSE:06908) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HG Semiconductor Ltd (HKSE:06908) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 8 Pinggong Er Road, 2nd Floor and North side, Nanping Technology Industrial Park, Zhuhai, CHN

Website

https://www.hg-semiconductor.com

HG Semiconductor Ltd is an investment holding company. It is engaged in the design, development, manufacturing, subcontracting, and sales of semiconductor products, which include light-emitting diode (LED) beads, next-generation semiconductor gallium nitride (GaN) chips, GaN devices, and their related applications, as well as fast charging products in China. The sales of LED beads generate maximum revenue for the company.

Executives

Zhan Haisu	2201 Interest of corporation controlled by you
Jovial Star International Limited	2101 Beneficial owner
Zhuang Chan Ling	2202 Interest of your spouse
First Global Limited	2101 Beneficial owner
Zhao Yi Wen	2201 Interest of corporation controlled by you
Qin Xiaolu	2101 Beneficial owner
Profit Act Limited	2101 Beneficial owner
Profit Times International Limited	2201 Interest of corporation controlled by you
Zhu Gongshan	2201 Interest of corporation controlled by you
Chiu Kwok Hung Justin	2101 Beneficial owner
Bigfair Enterprises Limited	2101 Beneficial owner
Chiu Kwai San	2201 Interest of corporation controlled by you
Wong Ching Ming	2202 Interest of your spouse
Qin Anqi	2201 Interest of corporation controlled by you
Wide Yield Investment Holding Limited	2101 Beneficial owner

HG Semiconductor (HKSE:06908) Headlines

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