Symphony Holdings (Symphony Holdings) Debt-to-Equity : 0.62 (As of Dec. 2023)

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What is Symphony Holdings Debt-to-Equity?

Symphony Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $106.41 Mil. Symphony Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $95.56 Mil. Symphony Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $324.08 Mil. Symphony Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.62.

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

SYHLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.53 Max: 0.63
Current: 0.62

During the past 13 years, the highest Debt-to-Equity Ratio of Symphony Holdings was 0.63. The lowest was 0.28. And the median was 0.53.

SYHLF's Debt-to-Equity is ranked worse than
50.35% of 1005 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs SYHLF: 0.62

Symphony Holdings Debt-to-Equity Historical Data

The historical data trend for Symphony 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.

Symphony Holdings Debt-to-Equity Chart

Symphony Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.55

0.63

0.58

0.62

Symphony Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	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															0.58	0.58	0.58	0.61	0.62

Competitive Comparison of Symphony Holdings's Debt-to-Equity

For the Specialty Retail subindustry, Symphony 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.

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

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

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

Symphony Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Symphony 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
	=	(106.407	+	95.561)	/	324.081
	=	0.62

Symphony 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
	=	(106.407	+	95.561)	/	324.081
	=	0.62

Symphony Holdings (OTCPK:SYHLF) 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.

Symphony Holdings Debt-to-Equity Related Terms

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

Symphony Holdings (Symphony Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Symphony Holdings Ltd (OTCPK:SYHLF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

01223:Hong Kong

Address

No. 510 King’s Road, 10th Floor, Island Place Tower, North Point, Hong Kong, HKG

Website

https://www.symphonyholdings.com

Symphony Holdings Ltd. is engaged in the retailing and sourcing of consumer goods. The segments in which the company operates include Retailing, Branding and Financial services. Majority of revenue is derived from retailing segment. Retailing segment includes management and operation of outlet malls and property investment and holding. The company's business activity is operated from China, Taiwan, Hong Kong, the United States, Other Asian countries, and other countries.

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