Well Link Securities Holdings (HKSE:08350) Debt-to-Equity : 6.28 (As of Jun. 2024)

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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 Jun. 2024 was HK$40.99 Mil. Well Link Securities Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$0.00 Mil. Well Link Securities Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$6.53 Mil. Well Link Securities Holdings's debt to equity for the quarter that ended in Jun. 2024 was 6.27.

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:

During the past 10 years, the highest Debt-to-Equity Ratio of Well Link Securities Holdings was 43.32. The lowest was -42.48. And the median was 0.34.

HKSE:08350's Debt-to-Equity is not ranked ^*
in the Capital Markets industry.
Industry Median: 0.285
* Ranked among companies with meaningful Debt-to-Equity only.

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.

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Well Link Securities Holdings Debt-to-Equity Chart

Well Link Securities Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.26

1.31

-42.48

5.49

Well Link Securities Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															43.32	N/A	5.49	6.28	-

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.

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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 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
	=	(40.988	+	0)	/	6.532
	=	6.27

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

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Well Link Securities Holdings 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 1113-1115, 11th floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

https://www.wlis.com.hk

Well Link Securities Holdings Ltd is a company that mainly provide brokerage services for futures, securities and options traded on the exchanges in Hong Kong, the United States, Japan, Singapore and the United Kingdom. The company also provides margin financing business and money lending business. It has two segments: Brokerage services, margin financing and related advisory services and Money lending, out of which maximum revenue is derived from Brokerage services, margin financing and related advisory services.

Executives

Xu Chujia	2201 Interest of corporation controlled by you
Zhang Meijuan	2101 Beneficial owner
Well Link Fintech Holdings Limited	2101 Beneficial owner
Xu Chujia	2201 Interest of corporation controlled by you
Chan Ying Leung	2103 Interests held jointly with another person
Poon Kwok Wah Allan	2103 Interests held jointly with another person

Well Link Securities Holdings Headlines

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