Grand Fortune High Grade (LSE:GFHG) Debt-to-Equity : 0.00 (As of Oct. 2023)

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What is Grand Fortune High Grade Debt-to-Equity?

Grand Fortune High Grade's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £0.00 Mil. Grand Fortune High Grade's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £0.00 Mil. Grand Fortune High Grade's Total Stockholders Equity for the quarter that ended in Oct. 2023 was £1.04 Mil. Grand Fortune High Grade's debt to equity for the quarter that ended in Oct. 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 Grand Fortune High Grade's Debt-to-Equity or its related term are showing as below:

LSE:GFHG's Debt-to-Equity is not ranked ^*
in the Education industry.
Industry Median: 0.35
* Ranked among companies with meaningful Debt-to-Equity only.

Grand Fortune High Grade Debt-to-Equity Historical Data

The historical data trend for Grand Fortune High Grade'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.

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Grand Fortune High Grade Debt-to-Equity Chart

Grand Fortune High Grade Annual Data

Trend

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

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Grand Fortune High Grade Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial								-	-	-	-	-

Competitive Comparison of Grand Fortune High Grade's Debt-to-Equity

For the Education & Training Services subindustry, Grand Fortune High Grade'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.

Grand Fortune High Grade's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Grand Fortune High Grade's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Grand Fortune High Grade's Debt-to-Equity falls into.

Grand Fortune High Grade Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grand Fortune High Grade's Debt to Equity Ratio for the fiscal year that ended in Apr. 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	+	0)	/	1.379
	=	0.00

Grand Fortune High Grade's Debt to Equity Ratio for the quarter that ended in Oct. 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	+	0)	/	1.043
	=	0.00

Grand Fortune High Grade (LSE:GFHG) 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.

Grand Fortune High Grade Debt-to-Equity Related Terms

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Grand Fortune High Grade (LSE:GFHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Grand Fortune High Grade Ltd (LSE:GFHG) » Definitions » Debt-to-Equity

Comparable Companies

BOM:501370 BOM:532019 OSTO:APRNDR HKSE:08417 HKSE:08160 BOM:533540 ISX:IDEA LEAI HKSE:08363 BOM:534312

Traded in Other Exchanges

N/A

Address

No. 2193 Guangyuan East, Room No. 1805, Times New World Center, Tianhe District, Guangdong Province, Guangzhou, CHN

Website

http://www.gf-hg.com

Grand Fortune High Grade Ltd provides financial training, corporate training, and professional qualification courses. The company is focused on development, by organic growth, it's a financial training business to satisfy the significant demand for financial sector specialists. The firm operates in a single segment namely the Development and operation of financial training courses in China.

Grand Fortune High Grade (LSE:GFHG) Headlines

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