Kidztech Holdings (HKSE:06918) Debt-to-Equity : 0.35 (As of Jun. 2023)

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What is Kidztech Holdings Debt-to-Equity?

Kidztech Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$148.5 Mil. Kidztech Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0.9 Mil. Kidztech Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$423.1 Mil. Kidztech Holdings's debt to equity for the quarter that ended in Jun. 2023 was 0.35.

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

HKSE:06918' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.36 Max: 0.48
Current: 0.35

During the past 7 years, the highest Debt-to-Equity Ratio of Kidztech Holdings was 0.48. The lowest was 0.29. And the median was 0.36.

HKSE:06918's Debt-to-Equity is not ranked
in the Travel & Leisure industry.
Industry Median: 0.46 vs HKSE:06918: 0.35

Kidztech Holdings Debt-to-Equity Historical Data

The historical data trend for Kidztech 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.

Kidztech Holdings Debt-to-Equity Chart

Kidztech Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.40

0.48

0.39

0.38

0.36

Kidztech Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial							0.39	0.38	0.36	0.36	0.35

Competitive Comparison of Kidztech Holdings's Debt-to-Equity

For the Leisure subindustry, Kidztech 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.

Kidztech Holdings's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kidztech Holdings's Debt-to-Equity distribution charts can be found below:

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

Kidztech Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kidztech 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
	=	(158.96	+	2.787)	/	444.843
	=	0.36

Kidztech 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
	=	(148.495	+	0.867)	/	423.126
	=	0.35

Kidztech Holdings (HKSE:06918) 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.

Kidztech Holdings Debt-to-Equity Related Terms

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

Kidztech Holdings (HKSE:06918) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kidztech Holdings Ltd (HKSE:06918) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

94 Granville Road, Room 802, 8thFloor, Inter-Continental Plaza, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG

Website

https://www.kidztech.net

Kidztech Holdings Ltd is a smart interactive entertainment product provider. The company designs, develops, manufactures, and sells smart toy vehicles, smart interactive toys, and traditional toys. It sells its products to retail customers mainly comprised of multinational and national retailers operating mass-market retail chain stores, including both comprehensive retailers and toy specialty retailers. The products are sold under the Kidztech brand. The sale of Smart toy vehicles derives key revenue for the firm. The company earns the majority of its revenue from Hong Kong followed by Mainland China.

Executives

Gold-face Finance Limited	2106 Person having a security interest in shares
Upbest Group Limited	2201 Interest of corporation controlled by you
Chen Cheng	2202 Interest of your spouse
Top Synergy Y&c Limited	2101 Beneficial owner
Yu Huang	2201 Interest of corporation controlled by you
Motivational Mathematics Limited	2101 Beneficial owner
Wu Xiongbin	2201 Interest of corporation controlled by you
He Jingxing	2201 Interest of corporation controlled by you
Charming Flair Limited	2101 Beneficial owner
Chen Chongjian	2201 Interest of corporation controlled by you
Gold-face Finance Limited	2106 Person having a security interest in shares
Zheng Jingyun
Cai Fenguang	2201 Interest of corporation controlled by you
Ng Mo Sum	2201 Interest of corporation controlled by you
Wu Shu Peng	2202 Interest of your spouse

Kidztech Holdings (HKSE:06918) Headlines

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