HNGKY (Hongkong Land Holdings) Debt-to-Equity : 0.21 (As of Jun. 2024)

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What is Hongkong Land Holdings Debt-to-Equity?

Hongkong Land Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $678 Mil. Hongkong Land Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $5,748 Mil. Hongkong Land Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $30,504 Mil. Hongkong Land Holdings's debt to equity for the quarter that ended in Jun. 2024 was 0.21.

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

HNGKY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.16 Max: 0.21
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of Hongkong Land Holdings was 0.21. The lowest was 0.11. And the median was 0.16.

HNGKY's Debt-to-Equity is ranked better than
78.24% of 1558 companies
in the Real Estate industry
Industry Median: 0.735 vs HNGKY: 0.21

Hongkong Land Holdings Debt-to-Equity Historical Data

The historical data trend for Hongkong Land 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.

Hongkong Land Holdings Debt-to-Equity Chart

Hongkong Land Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.13

0.18

0.19

0.21

Hongkong Land Holdings 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															0.20	0.21	0.21	0.21	0.21

Competitive Comparison of Hongkong Land Holdings's Debt-to-Equity

For the Real Estate - Development subindustry, Hongkong Land 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.

Hongkong Land Holdings's Debt-to-Equity Distribution in the Real Estate Industry

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

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

Hongkong Land Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hongkong Land 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
	=	(781.6	+	5785.3)	/	31965.4
	=	0.21

Hongkong Land 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
	=	(677.5	+	5747.9)	/	30503.5
	=	0.21

Hongkong Land Holdings (OTCPK:HNGKY) 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.

Hongkong Land Holdings Debt-to-Equity Related Terms

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Hongkong Land Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hongkong Land Holdings Ltd (OTCPK:HNGKY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HKHGF:USA H78:Singapore HKLD:UK HLH:Germany

Address

33-35 Street, Jardine House, 4th Floor, Hamilton, BMU

Website

https://www.hkland.com

Hongkong Land is a property investor focusing on holding prime commercial assets in Hong Kong, mainland China and Singapore. It is the largest office landlord in Hong Kong's Central Business District, and the second largest in Hong Kong overall. The Central portfolio includes 4.1 million square feet of office space and 0.5 million square feet of retail space. The company also holds 1.6 million square feet of office space in Singapore. The company also has property development business in mainland China, Singapore, and Southeast Asia. Hongkong Land is dual listed on the London Stock Exchange and the Singapore Exchange. Jardine Matheson Holdings owns 53% of the company.