Huge Group (JSE:HUG) Debt-to-Equity : 0.18 (As of Feb. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Huge Group Debt-to-Equity?

Huge Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was R5.34 Mil. Huge Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was R300.00 Mil. Huge Group's Total Stockholders Equity for the quarter that ended in Feb. 2024 was R1,664.09 Mil. Huge Group's debt to equity for the quarter that ended in Feb. 2024 was 0.18.

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

JSE:HUG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.13 Max: 0.23
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of Huge Group was 0.23. The lowest was 0.03. And the median was 0.13.

JSE:HUG's Debt-to-Equity is ranked better than
79.47% of 341 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs JSE:HUG: 0.18

Huge Group Debt-to-Equity Historical Data

The historical data trend for Huge Group'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.

Huge Group Debt-to-Equity Chart

Huge Group Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

Get a 7-Day Free Trial

0.23

0.18

0.08

0.12

0.18

Huge Group Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.13	0.12	0.10	0.18

Competitive Comparison of Huge Group's Debt-to-Equity

For the Telecom Services subindustry, Huge Group'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.

Huge Group's Debt-to-Equity Distribution in the Telecommunication Services Industry

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

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

Huge Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Huge Group's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
	=	(5.337	+	300)	/	1664.088
	=	0.18

Huge Group's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(5.337	+	300)	/	1664.088
	=	0.18

Huge Group (JSE:HUG) 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.

Huge Group Debt-to-Equity Related Terms

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

Huge Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Huge Group Ltd (JSE:HUG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Melrose Boulevard, Unit 23, Melrose Arch, PO Box 262, Johannesburg, GT, ZAF, 2076

Website

https://www.hugegroup.com

Huge Group Ltd is an investment holding company. Along with its subsidiaries, it is engaged in providing voice, messaging and data connectivity services using the wireless, global system for mobile-based, fixed cellular last-mile solutions to residential customers and a range of corporate clients, from large corporations to small and medium enterprises. Its divisions are Telecom Grouping, which generates the majority of its revenue; Fintech Grouping; and Corporate Office Grouping. It generates all of its revenue from South Africa.

Huge Group Headlines

No Headlines