Taka Jewellery Holdings (SGX:42L) Debt-to-Equity : 0.53 (As of Dec. 2024)

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What is Taka Jewellery Holdings Debt-to-Equity?

Taka Jewellery Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was S$55.4 Mil. Taka Jewellery Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was S$16.0 Mil. Taka Jewellery Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2024 was S$135.3 Mil. Taka Jewellery Holdings's debt to equity for the quarter that ended in Dec. 2024 was 0.53.

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

SGX:42L' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.34 Max: 0.53
Current: 0.53

During the past 10 years, the highest Debt-to-Equity Ratio of Taka Jewellery Holdings was 0.53. The lowest was 0.08. And the median was 0.34.

SGX:42L's Debt-to-Equity is ranked better than
52.53% of 1007 companies
in the Retail - Cyclical industry
Industry Median: 0.58 vs SGX:42L: 0.53

Taka Jewellery Holdings Debt-to-Equity Historical Data

The historical data trend for Taka Jewellery 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.

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Taka Jewellery Holdings Debt-to-Equity Chart

Taka Jewellery Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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0.51

0.35

0.34

0.41

0.44

Taka Jewellery Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.43	0.41	0.47	0.44	0.53

Competitive Comparison of Taka Jewellery Holdings's Debt-to-Equity

For the Luxury Goods subindustry, Taka Jewellery 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.

Taka Jewellery Holdings's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

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Taka Jewellery Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taka Jewellery Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(43.638	+	12.896)	/	129.802
	=	0.44

Taka Jewellery Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(55.444	+	16.035)	/	135.301
	=	0.53

Taka Jewellery Holdings (SGX:42L) 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.

Taka Jewellery Holdings Debt-to-Equity Related Terms

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Taka Jewellery Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Taka Jewellery Holdings Ltd (SGX:42L) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Kaki Bukit Place, Eunos Techpark, Singapore, SGP, 416181

Website

https://www.takajewelleryholdings.com

Taka Jewellery Holdings Ltd is involved in the design, manufacturing and sale of jewellery in Singapore under the Taka Jewellery brand as well as on a wholesale basis to the markets through active participation in international jewellery exhibitions. The company's segment includes Wholesale and Exhibitions; Retail; and Financial Services. It generates maximum revenue from the Financial services segment. The Financial services segment relates to the existing pawn-broking business and the secured lending business.

Taka Jewellery Holdings Headlines

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