Tasty Concepts Holding (HKSE:08096) Debt-to-Equity : 199.01 (As of Sep. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Tasty Concepts Holding Debt-to-Equity?

Tasty Concepts Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$6.84 Mil. Tasty Concepts Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$6.90 Mil. Tasty Concepts Holding's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$0.07 Mil. Tasty Concepts Holding's debt to equity for the quarter that ended in Sep. 2023 was 199.01.

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 Tasty Concepts Holding's Debt-to-Equity or its related term are showing as below:

HKSE:08096' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.98 Max: 199.01
Current: 199.01

During the past 7 years, the highest Debt-to-Equity Ratio of Tasty Concepts Holding was 199.01. The lowest was 0.04. And the median was 0.98.

HKSE:08096's Debt-to-Equity is ranked worse than
100% of 301 companies
in the Restaurants industry
Industry Median: 0.93 vs HKSE:08096: 199.01

Tasty Concepts Holding Debt-to-Equity Historical Data

The historical data trend for Tasty Concepts Holding'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.

Tasty Concepts Holding Debt-to-Equity Chart

Tasty Concepts Holding Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.04

0.87

1.10

1.43

3.81

Tasty Concepts Holding Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															1.93	N/A	3.81	N/A	199.01

Competitive Comparison of Tasty Concepts Holding's Debt-to-Equity

For the Restaurants subindustry, Tasty Concepts Holding'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.

Tasty Concepts Holding's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tasty Concepts Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tasty Concepts Holding's Debt-to-Equity falls into.

Tasty Concepts Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tasty Concepts Holding's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(6.53	+	7.891)	/	3.789
	=	3.81

Tasty Concepts Holding's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(6.837	+	6.895)	/	0.069
	=	199.01

Tasty Concepts Holding (HKSE:08096) 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.

Tasty Concepts Holding Debt-to-Equity Related Terms

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

Tasty Concepts Holding (HKSE:08096) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tasty Concepts Holding Ltd (HKSE:08096) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

139-141 Hoi Bun Road, Room 206, 2/F., Seaview Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.butaoramen.com

Tasty Concepts Holding Ltd is an investment holding company. The group is engaged in the operation of Japanese ramen restaurants in Hong Kong and the PRC. The company derives maximum revenue from Hong Kong. It also earns revenue from the sales of food and related products and royalty fee income from a franchisee which is located in PRC and Macau.

Executives

Goldstone 1 Lpf	2101 Beneficial owner
Goldstone Wealth Management Limited	2101 Beneficial owner
Lam Yu Chor Paul	2201 Interest of corporation controlled by you
China New Consumption Group Limited	2201 Interest of corporation controlled by you
Everest Enterprise Company Limited	2201 Interest of corporation controlled by you
Longson Enterprise Development Company Limited	2101 Beneficial owner
Brilliant Trade Enterprises Limited	2101 Beneficial owner
Lee Wai Yu Giselle	2202 Interest of your spouse
Tai Shiu Bun Mariana	2202 Interest of your spouse
Tang Chun Ho Chandler	2201 Interest of corporation controlled by you
Tang Hing Chee	2201 Interest of corporation controlled by you

Tasty Concepts Holding (HKSE:08096) Headlines

No Headlines