Union Gas Holdings (SGX:1F2) Debt-to-Equity : 0.56 (As of Dec. 2023)

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What is Union Gas Holdings Debt-to-Equity?

Union Gas Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$6.6 Mil. Union Gas Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$32.0 Mil. Union Gas Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$68.6 Mil. Union Gas Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.56.

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

SGX:1F2' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.23 Max: 0.82
Current: 0.56

During the past 10 years, the highest Debt-to-Equity Ratio of Union Gas Holdings was 0.82. The lowest was 0.05. And the median was 0.23.

SGX:1F2's Debt-to-Equity is ranked better than
52.54% of 1005 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs SGX:1F2: 0.56

Union Gas Holdings Debt-to-Equity Historical Data

The historical data trend for Union Gas 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.

Union Gas Holdings Debt-to-Equity Chart

Union Gas Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.37

0.18

0.65

0.82

0.56

Union Gas Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial													0.65	0.66	0.82	0.66	0.56

Competitive Comparison of Union Gas Holdings's Debt-to-Equity

For the Specialty Retail subindustry, Union Gas 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.

Union Gas Holdings's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Union Gas Holdings's Debt-to-Equity distribution charts can be found below:

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

Union Gas Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Union Gas 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
	=	(6.579	+	31.997)	/	68.579
	=	0.56

Union Gas Holdings's Debt to Equity Ratio for the quarter 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
	=	(6.579	+	31.997)	/	68.579
	=	0.56

Union Gas Holdings (SGX:1F2) 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.

Union Gas Holdings Debt-to-Equity Related Terms

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

Union Gas Holdings (SGX:1F2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Union Gas Holdings Ltd (SGX:1F2) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Defu Lane 10, Union Gas House, Singapore, SGP, 539220

Website

https://www.uniongas.com.sg

Union Gas Holdings Ltd is engaged in the retailing of LPG, CNG, and diesel. It mainly sells bottled LPG cylinders in Singapore. The company also sells and distributes diesel to retail customers at its fuel station, as well as transports, distributes and bulk sells diesel to commercial and industrial customers. The operating segments of the company Retail LPG (Domestic) Business, Retail LPG (Commercial) Business, Natural gas and diesel business, and Other operations. It derives majority of revenue from Retail LPG (Domestic) Business.

Union Gas Holdings (SGX:1F2) Headlines

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