Polyfair Holdings (HKSE:08532) Debt-to-Equity : 1.73 (As of Sep. 2024)

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What is Polyfair Holdings Debt-to-Equity?

Polyfair Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$130.4 Mil. Polyfair Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$0.0 Mil. Polyfair Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was HK$75.3 Mil. Polyfair Holdings's debt to equity for the quarter that ended in Sep. 2024 was 1.73.

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

HKSE:08532' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.49 Med: 1.73 Max: 2.53
Current: 1.73

During the past 9 years, the highest Debt-to-Equity Ratio of Polyfair Holdings was 2.53. The lowest was 1.49. And the median was 1.73.

HKSE:08532's Debt-to-Equity is ranked worse than
88.65% of 1559 companies
in the Construction industry
Industry Median: 0.43 vs HKSE:08532: 1.73

Polyfair Holdings Debt-to-Equity Historical Data

The historical data trend for Polyfair 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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Polyfair Holdings Debt-to-Equity Chart

Polyfair Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.52

1.53

1.73

2.39

2.06

Polyfair Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															2.39	N/A	2.53	2.06	1.73

Competitive Comparison of Polyfair Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, Polyfair 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.

Polyfair Holdings's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Polyfair Holdings's Debt-to-Equity distribution charts can be found below:

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

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Polyfair Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Polyfair Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(150.431	+	0.6)	/	73.261
	=	2.06

Polyfair Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(130.361	+	0)	/	75.297
	=	1.73

Polyfair Holdings (HKSE:08532) 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.

Polyfair Holdings Debt-to-Equity Related Terms

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Polyfair Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Polyfair Holdings Ltd (HKSE:08532) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 King's Road, Unit 1206-07, 12th Floor, Fortress Tower, North Point, Hong Kong, HKG

Website

https://www.polyfaircurtainwall.com.hk

Polyfair Holdings Ltd is engaged in the provision of construction contract work. The company is also involved in offering facade and curtain wall works solutions in Hong Kong. It renders solutions covering design and project management services. The design services consist of developing plans, conducting structural calculations, and preparing shop drawings. Its project management services generally include sourcing and procuring building materials, arranging for building material logistics and installation works, on-site project management, and post-project completion services. In addition, its work mainly applies to commercial buildings and residential buildings. The group derives its revenue from Hong Kong.

Executives

C.n.y. Holdings Limited
Chow Mo Lam
Hau Pak Sui

Polyfair Holdings Headlines

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