HKTTY (HKT Trust and HKT) Debt-to-Equity: 1.28 (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKTTY HKT Trust and HKT Ltd HKTTY
67 GF Score
Price $16.27
GF Value $13.50
Valuation Modestly Overvalued
! 8 Warning Signs
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What is HKT Trust and HKT Debt-to-Equity?

HKT Trust and HKT HKTTY 67 Debt-to-Equity is 1.28 as of Dec. 2025, which is 9% above its 10-year median of 1.17. GuruFocus rates HKTTY with a GF Score™ of 67/100 and a GF Value™ of $13.50 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 324 Telecommunication Services companies, HKT Trust and HKT ranks worse than 76.23% on this metric.

HKT Trust and HKT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $871 Mil. HKT Trust and HKT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $5,181 Mil. HKT Trust and HKT's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $4,732 Mil. HKT Trust and HKT's debt to equity for the quarter that ended in Dec. 2025 was 1.28.

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 HKT Trust and HKT's Debt-to-Equity or its related term are showing as below:

HKTTY' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.07   Med: 1.17   Max: 1.32
Current: 1.43

During the past 13 years, the highest Debt-to-Equity Ratio of HKT Trust and HKT was 1.32. The lowest was 1.07. And the median was 1.17.

HKTTY's Debt-to-Equity is ranked worse than
76.23% of 324 companies
in the Telecommunication Services industry
Industry Median: 0.625 vs HKTTY: 1.43

HKT Trust and HKT  (OTCPK:HKTTY) 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.


HKT Trust and HKT Debt-to-Equity Related Terms


HKT Trust and HKT Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for HKT Trust and HKT'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.

HKT Trust and HKT Debt-to-Equity Chart

HKT Trust and HKT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 1.26 1.32 1.13 1.28

HKT Trust and HKT Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.42 1.13 1.25 1.28 1.43

HKTTY vs VZ, TMUS, T: Debt-to-Equity Comparison

For the Telecom Services subindustry, HKT Trust and HKT'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.


HKT Trust and HKT Debt-to-Equity vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, HKT Trust and HKT's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where HKT Trust and HKT's Debt-to-Equity falls into.


HKTTY
67GF Score
HKT Trust and HKT Ltd HKTTY
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HKT Trust and HKT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HKT Trust and HKT's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

HKT Trust and HKT's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.28 mean?
HKT Trust and HKT (HKTTY) has a Debt-to-Equity of 1.28 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on HKT Trust and HKT and its competitors. This is near median its historical median of 1.17. Over the past decade, HKT Trust and HKT's Debt-to-Equity has ranged from 1.07 to 1.32. According to the industry distribution chart, HKT Trust and HKT ranks #247 out of 324 companies in the Telecommunication Services industry, placing it in the top 76.2%.
Is HKT Trust and HKT's Debt-to-Equity too high?
HKT Trust and HKT's current Debt-to-Equity of 1.28 is near median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 1.32. The Telecommunication Services industry median Debt-to-Equity is 0.63. HKT Trust and HKT's value of 1.28 is 104.8% above this industry median. Based on the distribution chart, HKT Trust and HKT ranks #247 out of 324 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, HKT Trust and HKT has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HKT Trust and HKT's Debt-to-Equity compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, HKT Trust and HKT ranks #247 out of 324 companies for Debt-to-Equity. This places HKT Trust and HKT in the lower half of its industry. The industry median Debt-to-Equity is 0.63. HKT Trust and HKT's value of 1.28 is 104.8% above this benchmark. Historically, HKT Trust and HKT's own Debt-to-Equity has ranged from 1.07 to 1.32 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 0.63, HKT Trust and HKT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Telecommunication Services company?
The median Debt-to-Equity among Telecommunication Services companies is 0.63, based on 324 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HKT Trust and HKT's current Debt-to-Equity of 1.28 is 104.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on HKT Trust and HKT and its competitors. For the Telecommunication Services industry, the median Debt-to-Equity is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HKT Trust and HKT's current Debt-to-Equity is 1.28, which is near median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HKT Trust and HKT stock overvalued right now?
Based on GuruFocus' analysis, HKT Trust and HKT (HKTTY) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.50, compared to a current price of $16.27 — trading 20.5% above its estimated fair value. The current Debt-to-Equity is 1.28, which is near median its 10-year median of 1.17 and 104.8% above the Telecommunication Services industry median of 0.63. HKT Trust and HKT's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For HKT Trust and HKT (HKTTY), the current Debt-to-Equity is 1.28 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HKT Trust and HKT (HKTTY) Overvalued in 2026?

Based on GuruFocus' analysis, HKT Trust and HKT stock appears to be overvalued. The current stock price of $16.27 is trading 20.5% above its estimated GF Value™ of $13.50. GuruFocus considers HKT Trust and HKT to be Modestly Overvalued.

Key valuation signals for HKTTY:

  • Debt-to-Equity: 1.28 (near median its 10-year median of 1.17)
  • GF Value™: $13.50 vs. price of $16.27 (20.5% above fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 104.8% above the Telecommunication Services median (#247 of 324)

No single metric tells the full story. See the HKTTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HKT Trust and HKT Business Description

Address 979 King’s Road, Quarry Bay, 39th Floor, PCCW Tower, Taikoo Place, Hong Kong, HKG
HKT Trust and HKT Ltd is a triple-play telecommunications provider that operates through three segments, telecommunications services, mobile, and Other businesses. Telecommunication services are the larger business segment and generates revenue by providing technology and telecommunications and related services including enterprise solutions, total home solutions, healthtech services, and media entertainment. The Mobile segment represents mobile telecommunications businesses in Hong Kong, and the other segment comprises other new businesses such as The Club's loyalty platform and HKT Financial Services, and corporate support functions. The company's key revenue is generated from Hong Kong.
67GF Score

Get the complete analysis for HKTTY

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.27
Price
$13.50
GF Value