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Luxey International (Holdings) (HKSE:08041) Debt-to-Equity : 0.05 (As of Dec. 2023)


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What is Luxey International (Holdings) Debt-to-Equity?

Luxey International (Holdings)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2.06 Mil. Luxey International (Holdings)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.25 Mil. Luxey International (Holdings)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$49.44 Mil. Luxey International (Holdings)'s debt to equity for the quarter that ended in Dec. 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 Luxey International (Holdings)'s Debt-to-Equity or its related term are showing as below:

HKSE:08041' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.12   Max: 1.1
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Luxey International (Holdings) was 1.10. The lowest was 0.05. And the median was 0.12.

HKSE:08041's Debt-to-Equity is ranked better than
88.57% of 936 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.43 vs HKSE:08041: 0.05

Luxey International (Holdings) Debt-to-Equity Historical Data

The historical data trend for Luxey International (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.

Luxey International (Holdings) Debt-to-Equity Chart

Luxey International (Holdings) Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.10 0.12 0.11 0.07

Luxey International (Holdings) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 N/A 0.07 N/A 0.05

Competitive Comparison of Luxey International (Holdings)'s Debt-to-Equity

For the Apparel Manufacturing subindustry, Luxey International (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.

Luxey International (Holdings)'s Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Luxey International (Holdings)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Luxey International (Holdings)'s Debt-to-Equity falls into.


Luxey International (Holdings) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Luxey International (Holdings)'s Debt to Equity Ratio for the fiscal year 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
=(2.938 + 0.764) / 52.696
=0.07

Luxey International (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
=(2.062 + 0.246) / 49.436
=0.05

* 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.

Luxey International (Holdings)  (HKSE:08041) 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.

Luxey International (Holdings) Debt-to-Equity Related Terms

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

Luxey International (Holdings) (HKSE:08041) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Luxey International (Holdings) Ltd (HKSE:08041) » Definitions » Debt-to-Equity
Comparable Companies
HKSE:00122 HKSE:00311 HKSE:03322 HKSE:01247 HKSE:01520 HKSE:01388 HKSE:01532 HKSE:00643 HKSE:01749 HKSE:00844 OSTO:HM B MIL:MONC RL LEVI WAR:LPP HKSE:03998 PVH TSX:GIL SHSE:600398 SHSE:600177
Traded in Other Exchanges
N/A
Address
1 Wing Ming Street, Hang Cheong Factory Building, Unit B, 5th floor, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Website
https://www.luxey.com.hk
Luxey International (Holdings) Ltd is an is an investment holding company. The company along with its subsidiaries operates in three segments, the Swimwear and garment segment is engaged in the manufacturing and trading of swimwear and garment products. The E-commerce and online shopping-related segment is engaged in the E-Commerce and provision of online shopping services. The money lending segment includes lending activities, and the majority of its revenue generates from the Swimwear and garment segment.
Executives
Wide Select Investments Limited 2101 Beneficial owner
Lee Yim 2201 Interest of corporation controlled by you
Lau Chi Yuen Joseph 2101 Beneficial owner
Big Good Management Limited 2101 Beneficial owner
Ma Hoi Cheuk 2201 Interest of corporation controlled by you
Jl Investments Capital Limited 2101 Beneficial owner

Luxey International (Holdings) (HKSE:08041) Headlines

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