Best Linking Group Holdings (HKSE:09882) Debt-to-Equity : 0.00 (As of Jun. 2023)

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What is Best Linking Group Holdings Debt-to-Equity?

Best Linking Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0.1 Mil. Best Linking Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0.0 Mil. Best Linking Group Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$138.9 Mil. Best Linking Group Holdings's debt to equity for the quarter that ended in Jun. 2023 was 0.00.

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

HKSE:09882' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.07
Current: 0.06

During the past 7 years, the highest Debt-to-Equity Ratio of Best Linking Group Holdings was 0.07. The lowest was 0.00. And the median was 0.03.

HKSE:09882's Debt-to-Equity is ranked better than
81.4% of 2623 companies
in the Industrial Products industry
Industry Median: 0.28 vs HKSE:09882: 0.06

Best Linking Group Holdings Debt-to-Equity Historical Data

The historical data trend for Best Linking 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.

Best Linking Group Holdings Debt-to-Equity Chart

Best Linking Group Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.03

0.06

Best Linking Group Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	-	N/A	-	0.06

Competitive Comparison of Best Linking Group Holdings's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Best Linking 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.

Best Linking Group Holdings's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Best Linking Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Best Linking 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
	=	(8.336	+	0.148)	/	147.66
	=	0.06

Best Linking Group Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0.103	+	0.027)	/	138.9
	=	0.00

Best Linking Group Holdings (HKSE:09882) 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.

Best Linking Group Holdings Debt-to-Equity Related Terms

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Best Linking Group Holdings (HKSE:09882) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Best Linking Group Holdings Ltd (HKSE:09882) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Gongye 2nd Cross Road, Tutang 2nd Industrial Zone, Changping, Guangdong, Dongguan, CHN

Website

https://www.blg.hk

Best Linking Group Holdings Ltd is a slewing ring manufacturer in China. These slewing rings have applications in the areas of construction machinery and equipment, wind turbines, military equipment, and robotics. Geographically, it derives a majority of its revenue from Singapore and also has a presence in Malaysia, Hong Kong, Japan, United States, China, Taiwan, Canada, Northern Island, Thailand, and other countries.

Executives

C Centrum Holdings Limited	2101 Beneficial owner
Chan Yuk Pan	2201 Interest of corporation controlled by you
Leung Tak Yee	2202 Interest of your spouse

Best Linking Group Holdings (HKSE:09882) Headlines

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