Well Link Securities Holdings (HKSE:08350) Debt-to-Equity : 5.49 (As of Dec. 2023)

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

What is Well Link Securities Holdings Debt-to-Equity?

Well Link Securities Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1.76 Mil. Well Link Securities Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$40.26 Mil. Well Link Securities Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$7.65 Mil. Well Link Securities Holdings's debt to equity for the quarter that ended in Dec. 2023 was 5.49.

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

HKSE:08350' s Debt-to-Equity Range Over the Past 10 Years
Min: -42.48 Med: 0.26 Max: 5.49
Current: 5.49

During the past 9 years, the highest Debt-to-Equity Ratio of Well Link Securities Holdings was 5.49. The lowest was -42.48. And the median was 0.26.

HKSE:08350's Debt-to-Equity is ranked worse than
97.04% of 608 companies
in the Capital Markets industry
Industry Median: 0.38 vs HKSE:08350: 5.49

Well Link Securities Holdings Debt-to-Equity Historical Data

The historical data trend for Well Link Securities 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.

Well Link Securities Holdings Debt-to-Equity Chart

Well Link Securities Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.26

1.31

-42.48

5.49

Well Link Securities 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															-42.48	N/A	43.32	N/A	5.49

Competitive Comparison of Well Link Securities Holdings's Debt-to-Equity

For the Capital Markets subindustry, Well Link Securities 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.

Well Link Securities Holdings's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Well Link Securities Holdings's Debt-to-Equity distribution charts can be found below:

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

Well Link Securities Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Well Link Securities 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
	=	(1.758	+	40.256)	/	7.653
	=	5.49

Well Link Securities 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
	=	(1.758	+	40.256)	/	7.653
	=	5.49

Well Link Securities Holdings (HKSE:08350) 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.

Well Link Securities Holdings Debt-to-Equity Related Terms

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

Well Link Securities Holdings (HKSE:08350) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Well Link Securities Holdings Ltd (HKSE:08350) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Unit 3711, 37th Floor, West Tower, Shuk Tak Centre, Sheung Wan, Hong Kong, HKG

Website

https://www.excalibur.com.hk

Excalibur Global Financial Holdings Ltd is a provider of brokerage services for futures and options traded on the exchange in Hong Kong, the United States, Japan, Singapore, and the United Kingdom. The group is engaged in two segments that include Brokerage services and margin financing, and Money lending. The majority of the revenue derives from the provision of brokerage services and the margin financing segment. It provides clients with access to locally and globally traded futures and options products. The group derives revenue principally from brokerage fees received from the clients for the execution and facilitation of the execution of trades through the online trading platform and finance charges received for the margin loan to clients.

Well Link Securities Holdings (HKSE:08350) Headlines

No Headlines