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HLDCY (Henderson Land Development Co) Debt-to-Equity : 0.26 (As of Jun. 2024)


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What is Henderson Land Development Co Debt-to-Equity?

Henderson Land Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $3,096 Mil. Henderson Land Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $7,616 Mil. Henderson Land Development Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $41,285 Mil. Henderson Land Development Co's debt to equity for the quarter that ended in Jun. 2024 was 0.26.

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 Henderson Land Development Co's Debt-to-Equity or its related term are showing as below:

HLDCY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17   Med: 0.27   Max: 0.32
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Henderson Land Development Co was 0.32. The lowest was 0.17. And the median was 0.27.

HLDCY's Debt-to-Equity is ranked better than
74.97% of 1558 companies
in the Real Estate industry
Industry Median: 0.735 vs HLDCY: 0.26

Henderson Land Development Co Debt-to-Equity Historical Data

The historical data trend for Henderson Land Development Co'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.

Henderson Land Development Co Debt-to-Equity Chart

Henderson Land Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.27 0.30 0.27 0.29

Henderson Land Development Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.29 0.27 0.28 0.29 0.26

Competitive Comparison of Henderson Land Development Co's Debt-to-Equity

For the Real Estate - Diversified subindustry, Henderson Land Development Co'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.


Henderson Land Development Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Henderson Land Development Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Henderson Land Development Co's Debt-to-Equity falls into.



Henderson Land Development Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Henderson Land Development Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Henderson Land Development Co's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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.


Henderson Land Development Co  (OTCPK:HLDCY) 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.


Henderson Land Development Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Henderson Land Development Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Henderson Land Development Co Business Description

Traded in Other Exchanges
Address
8 Finance Street, 72nd -76th Floor, Two International Finance Centre, Central, Hong Kong, HKG
Henderson Land Development is a leading property developer in Hong Kong with a focus on urban redevelopment and farmland conversion. The company was founded in 1976, listed in 1981. Founder Lee Shau Kee is the controlling shareholder, and a series of disposals in December 2017 reduced his stake to below 72.8%. The share disposals were the first since 1993, lessening the possibility of a privatization. Lee stepped down in May 2019, succeeded by his two sons as joint chairmen and managing directors. Henderson Land also controls four listed entities directly, including a 69% stake in Henderson Investment, a 41.5% stake in Hong Kong and China Gas, a 33.4% stake in Hong Kong Ferry, and a 50.1% stake in Miramar Hotel & Investment.

Henderson Land Development Co Headlines

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