Value Convergence Holdings (Value Convergence Holdings) Debt-to-Equity : 0.06 (As of Dec. 2023)

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What is Value Convergence Holdings Debt-to-Equity?

Value Convergence Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.56 Mil. Value Convergence Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.12 Mil. Value Convergence Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $65.78 Mil. Value Convergence Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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

VCHLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.05 Max: 0.08
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Value Convergence Holdings was 0.08. The lowest was 0.03. And the median was 0.05.

VCHLF's Debt-to-Equity is ranked better than
77.47% of 608 companies
in the Capital Markets industry
Industry Median: 0.355 vs VCHLF: 0.06

Value Convergence Holdings Debt-to-Equity Historical Data

The historical data trend for Value Convergence 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.

Value Convergence Holdings Debt-to-Equity Chart

Value Convergence Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.05

0.03

0.04

0.05

0.06

Value Convergence 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															0.04	0.04	0.05	0.05	0.06

Competitive Comparison of Value Convergence Holdings's Debt-to-Equity

For the Capital Markets subindustry, Value Convergence 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.

Value Convergence Holdings's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Value Convergence Holdings's Debt-to-Equity distribution charts can be found below:

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

Value Convergence Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Value Convergence 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
	=	(3.56	+	0.115)	/	65.779
	=	0.06

Value Convergence 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
	=	(3.56	+	0.115)	/	65.779
	=	0.06

Value Convergence Holdings (OTCPK:VCHLF) 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.

Value Convergence Holdings Debt-to-Equity Related Terms

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Value Convergence Holdings (Value Convergence Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Value Convergence Holdings Ltd (OTCPK:VCHLF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

00821:Hong Kong

Address

181-185 Gloucester Road, 6th Floor, Centre Point, Wanchai, Hong Kong, HKG

Website

https://www.vcgroup.com.hk

Value Convergence Holdings Ltd is a financial services group delivering financial services and products that fulfill various investment and wealth management needs of clients in the Greater China region. The company's operating segments include Brokerage and Financing; Corporate Finance and other Advisory services; Asset Management; Insurance Brokerage; Proprietary Trading; and Digital asset. The majority of its revenue derives from the Brokerage and Financing segment that engages in securities, futures, and options brokering and dealing, provision of margin financing and money lending, and placing and underwriting services.

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