Tung Lok Restaurants(2000) (SGX:540) Debt-to-Equity : 1.79 (As of Sep. 2024)

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What is Tung Lok Restaurants(2000) Debt-to-Equity?

Tung Lok Restaurants(2000)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was S$6.30 Mil. Tung Lok Restaurants(2000)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was S$16.34 Mil. Tung Lok Restaurants(2000)'s Total Stockholders Equity for the quarter that ended in Sep. 2024 was S$12.64 Mil. Tung Lok Restaurants(2000)'s debt to equity for the quarter that ended in Sep. 2024 was 1.79.

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 Tung Lok Restaurants(2000)'s Debt-to-Equity or its related term are showing as below:

SGX:540' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 1.22 Max: 1.91
Current: 1.79

During the past 13 years, the highest Debt-to-Equity Ratio of Tung Lok Restaurants(2000) was 1.91. The lowest was 0.16. And the median was 1.22.

SGX:540's Debt-to-Equity is ranked worse than
74.51% of 306 companies
in the Restaurants industry
Industry Median: 0.875 vs SGX:540: 1.79

Tung Lok Restaurants(2000) Debt-to-Equity Historical Data

The historical data trend for Tung Lok Restaurants(2000)'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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Tung Lok Restaurants(2000) Debt-to-Equity Chart

Tung Lok Restaurants(2000) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.57

1.37

1.91

1.30

1.60

Tung Lok Restaurants(2000) Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.74	1.30	1.85	1.60	1.79

Competitive Comparison of Tung Lok Restaurants(2000)'s Debt-to-Equity

For the Restaurants subindustry, Tung Lok Restaurants(2000)'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.

Tung Lok Restaurants(2000)'s Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tung Lok Restaurants(2000)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tung Lok Restaurants(2000)'s Debt-to-Equity falls into.

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Tung Lok Restaurants(2000) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tung Lok Restaurants(2000)'s Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(6.854	+	18.578)	/	15.876
	=	1.60

Tung Lok Restaurants(2000)'s Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(6.296	+	16.338)	/	12.636
	=	1.79

Tung Lok Restaurants(2000) (SGX:540) 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.

Tung Lok Restaurants(2000) Debt-to-Equity Related Terms

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Tung Lok Restaurants(2000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tung Lok Restaurants(2000) Ltd (SGX:540) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Tai Seng Street, Number 02-01, Singapore, SGP, 534057

Website

https://www.tunglok.com

Tung Lok Restaurants(2000) Ltd operates restaurant chains. In addition, the company also provides outdoor events catering services. Its restaurants include LingZhi Vegetarian, Dancing Crab, TungLok Teahouse, Slappy Cakes, My Humble House, and TungLok Signatures. The company generates the majority of its revenue from Singapore. It operates in the business segments namely; Restaurant, Catering, Manufacturing, and Other. The Restaurant segment generates the majority of revenue for the company.

Tung Lok Restaurants(2000) Headlines

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