Man Wah Holdings (STU:AAM) Debt-to-Equity : 0.42 (As of Sep. 2023)

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What is Man Wah Holdings Debt-to-Equity?

Man Wah Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €571 Mil. Man Wah Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €14 Mil. Man Wah Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €1,378 Mil. Man Wah Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.42.

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

STU:AAM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.33 Max: 0.73
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of Man Wah Holdings was 0.73. The lowest was 0.05. And the median was 0.33.

STU:AAM's Debt-to-Equity is ranked worse than
56.4% of 383 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.35 vs STU:AAM: 0.42

Man Wah Holdings Debt-to-Equity Historical Data

The historical data trend for Man Wah 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.

Man Wah Holdings Debt-to-Equity Chart

Man Wah Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.73

0.60

0.34

0.39

0.38

Man Wah Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.33	0.39	0.39	0.38	0.42

Competitive Comparison of Man Wah Holdings's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Man Wah 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.

Man Wah Holdings's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Man Wah Holdings's Debt-to-Equity distribution charts can be found below:

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

Man Wah Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Man Wah Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(506.386	+	17.148)	/	1375.263
	=	0.38

Man Wah Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(570.57	+	14.198)	/	1377.647
	=	0.42

Man Wah Holdings (STU:AAM) 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.

Man Wah Holdings Debt-to-Equity Related Terms

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

Man Wah Holdings (STU:AAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Man Wah Holdings Ltd (STU:AAM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MAWHY:USA MAWHF:USA 01999:Hong Kong AAM:Germany

Address

10-14 Kwei Tei Street, 1st Floor, Wah Lai Industrial Center, New Territories, Fotan, Hong Kong, HKG

Website

http://www.manwahholdings.com

Man Wah Holdings Ltd is an investment holding company. The company's segment includes Sofas and ancillary products; Bedding and ancillary products; Other products; Other business and Home Group business. It generates maximum revenue from the Sofas and ancillary products segment. Sofas and ancillary products segment manufacture and distribution of sofas and ancillary products through wholesale and distributors other than those by Home Group Ltd and its subsidiaries. Geographically, it derives a majority of its revenue from PRC (including Hong Kong and Macau).

Man Wah Holdings (STU:AAM) Headlines

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