Hanvey Group Holdings (HKSE:08219) Debt-to-Equity : 8.89 (As of Jun. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Hanvey Group Holdings Debt-to-Equity?

Hanvey Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$75.6 Mil. Hanvey Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$52.9 Mil. Hanvey Group Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$14.5 Mil. Hanvey Group Holdings's debt to equity for the quarter that ended in Jun. 2024 was 8.89.

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

HKSE:08219' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.52 Med: 2.71 Max: 8.89
Current: 8.89

During the past 8 years, the highest Debt-to-Equity Ratio of Hanvey Group Holdings was 8.89. The lowest was 0.52. And the median was 2.71.

HKSE:08219's Debt-to-Equity is ranked worse than
98.11% of 1003 companies
in the Retail - Cyclical industry
Industry Median: 0.6 vs HKSE:08219: 8.89

Hanvey Group Holdings Debt-to-Equity Historical Data

The historical data trend for Hanvey Group 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.

Hanvey Group Holdings Debt-to-Equity Chart

Hanvey Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.77

2.69

2.91

2.71

6.57

Hanvey Group Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	3.55	N/A	6.57	8.89

Competitive Comparison of Hanvey Group Holdings's Debt-to-Equity

For the Luxury Goods subindustry, Hanvey Group 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.

Hanvey Group Holdings's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hanvey Group Holdings's Debt-to-Equity distribution charts can be found below:

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

Hanvey Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hanvey Group Holdings'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
	=	(68.884	+	53.921)	/	18.681
	=	6.57

Hanvey Group Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(75.616	+	52.915)	/	14.451
	=	8.89

Hanvey Group Holdings (HKSE:08219) 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.

Hanvey Group Holdings Debt-to-Equity Related Terms

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

Hanvey Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hanvey Group Holdings Ltd (HKSE:08219) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 88 Container Port Road, Units 3, 5 and 6, 15th Floor, Tower One, Ever Gain Plaza, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.hanveygroup.com.hk

Hanvey Group Holdings Ltd is engaged in the design, development, manufacture, and distribution of watch products on an original design manufacturing (ODM) basis for watch manufacturers, brand owners, and watch importers across the globe. Its products include female and male, metal and non-metal banded, mechanical, and quartz movement watches to its customers. The group derives revenue mainly from the sale of finished watches, semi-knocked-down kits, and watch parts. Geographically, it derives a majority of its revenue from Indonesia and also has a presence in Hong Kong; Brazil; India; the Kingdom of Saudi Arabia; Australia; the United Arab Emirates (UAE); and Turkey, among others.

Executives

Song Hao	2101 Beneficial owner
China New Economy Fund Limited	2101 Beneficial owner
Million Easy Enterprises Ltd.
Au Corona Ching Mei
Cheuk Sin Cheong Clement

Hanvey Group Holdings Headlines

No Headlines