Hung Ching Developmentnstruction Co (TPE:2527) Debt-to-Equity : 1.15 (As of Mar. 2024)

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What is Hung Ching Developmentnstruction Co Debt-to-Equity?

Hung Ching Developmentnstruction Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$11,371 Mil. Hung Ching Developmentnstruction Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$3,096 Mil. Hung Ching Developmentnstruction Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$12,570 Mil. Hung Ching Developmentnstruction Co's debt to equity for the quarter that ended in Mar. 2024 was 1.15.

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 Hung Ching Developmentnstruction Co's Debt-to-Equity or its related term are showing as below:

TPE:2527' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 1.13 Max: 2.09
Current: 1.15

During the past 13 years, the highest Debt-to-Equity Ratio of Hung Ching Developmentnstruction Co was 2.09. The lowest was 0.57. And the median was 1.13.

TPE:2527's Debt-to-Equity is ranked worse than
64.86% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs TPE:2527: 1.15

Hung Ching Developmentnstruction Co Debt-to-Equity Historical Data

The historical data trend for Hung Ching Developmentnstruction Co'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.

Hung Ching Developmentnstruction Co Debt-to-Equity Chart

Hung Ching Developmentnstruction Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.99

0.91

0.60

1.00

1.32

Hung Ching Developmentnstruction Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.99	1.13	1.19	1.32	1.15

Competitive Comparison of Hung Ching Developmentnstruction Co's Debt-to-Equity

For the Real Estate Services subindustry, Hung Ching Developmentnstruction Co'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.

Hung Ching Developmentnstruction Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hung Ching Developmentnstruction Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hung Ching Developmentnstruction Co's Debt-to-Equity falls into.

Hung Ching Developmentnstruction Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hung Ching Developmentnstruction Co'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
	=	(12158.074	+	2886.665)	/	11418.585
	=	1.32

Hung Ching Developmentnstruction Co's Debt to Equity Ratio for the quarter 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
	=	(11370.528	+	3096.231)	/	12570.188
	=	1.15

Hung Ching Developmentnstruction Co (TPE:2527) 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.

Hung Ching Developmentnstruction Co Debt-to-Equity Related Terms

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Hung Ching Developmentnstruction Co (TPE:2527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hung Ching Development & Construction Co Ltd (TPE:2527) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Keelung Road, 10th Floor, No.420, Section 1, Taipei, TWN

Website

http://www.asehcc.com.tw

Hung Ching Development & Construction Co Ltd is a Taiwan-based real estate company. It is engaged in the construction of national residential and commercial buildings for rent and sale. It is also engaged in the trading of various building materials. Reporting segments of the Group are divided into Real estate development, Construction, and Lease; Real estate is the key revenue driver for the company. Real estate development conducting sales of residential and commercial property and plant. Construction provides the building of residential and commercial property and plants. The leasing segment includes the lease of investment property.

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