Eco-Tek Holdings (HKSE:08169) Debt-to-Equity : 0.13 (As of Oct. 2024)

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What is Eco-Tek Holdings Debt-to-Equity?

Eco-Tek Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was HK$2.31 Mil. Eco-Tek Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was HK$12.18 Mil. Eco-Tek Holdings's Total Stockholders Equity for the quarter that ended in Oct. 2024 was HK$108.24 Mil. Eco-Tek Holdings's debt to equity for the quarter that ended in Oct. 2024 was 0.13.

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

HKSE:08169' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.15 Max: 0.2
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Eco-Tek Holdings was 0.20. The lowest was 0.09. And the median was 0.15.

HKSE:08169's Debt-to-Equity is ranked better than
69.33% of 2618 companies
in the Industrial Products industry
Industry Median: 0.28 vs HKSE:08169: 0.13

Eco-Tek Holdings Debt-to-Equity Historical Data

The historical data trend for Eco-Tek 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.

Eco-Tek Holdings Debt-to-Equity Chart

Eco-Tek Holdings Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Debt-to-Equity

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0.15

N/A

0.15

0.13

Eco-Tek Holdings Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Apr24	Oct24
Debt-to-Equity	Get a 7-Day Free Trial															0.12	N/A	0.15	0.13	0.13

Competitive Comparison of Eco-Tek Holdings's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Eco-Tek 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.

Eco-Tek Holdings's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

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Eco-Tek Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eco-Tek Holdings's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(2.314	+	12.184)	/	108.242
	=	0.13

Eco-Tek Holdings's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(2.314	+	12.184)	/	108.242
	=	0.13

Eco-Tek Holdings (HKSE:08169) 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.

Eco-Tek Holdings Debt-to-Equity Related Terms

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Eco-Tek Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eco-Tek Holdings Ltd (HKSE:08169) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

20 Westlands Road, Quarry Bay, Unit 2, 9th Floor, Westlands Centre, Hong Kong, HKG

Website

http://www.eco-tek.com.hk

Eco-Tek Holdings Ltd and its subsidiaries are principally involved in the marketing, sales, servicing, research, and development of environmental protection-related products and services. The company operates in two segments: Environment-friendly products and Water supply plants. The environment-friendly products segment, which accounts for the key revenue is into the sale of general & industrial environment-friendly products, components, and other related accessories. Its geographical segments are Hong Kong, PRC, and others, of which key revenue comes from the PRC.

Executives

Pau Kwok Ping	2101 Beneficial owner
Crayne Company Limited	2101 Beneficial owner
Wide Sky Management Limited (formerly Known As Wide Sky Management (ptc) Limited)	2201 Interest of corporation controlled by you
Chiang Lily	2307 Founder of a discretionary trust who can infl
Virtue Trustees (switzerland) Ag	2301 Trustee

Eco-Tek Holdings Headlines

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