Kingboard Holdings (Kingboard Holdings) Debt-to-Equity : 0.38 (As of Dec. 2023)

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What is Kingboard Holdings Debt-to-Equity?

Kingboard Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,043 Mil. Kingboard Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,892 Mil. Kingboard Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7,650 Mil. Kingboard Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.38.

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

KBDCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.43 Max: 0.62
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of Kingboard Holdings was 0.62. The lowest was 0.29. And the median was 0.43.

KBDCF's Debt-to-Equity is ranked better than
61.23% of 472 companies
in the Conglomerates industry
Industry Median: 0.555 vs KBDCF: 0.38

Kingboard Holdings Debt-to-Equity Historical Data

The historical data trend for Kingboard 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.

Kingboard Holdings Debt-to-Equity Chart

Kingboard Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.49

0.31

0.29

0.33

0.38

Kingboard 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															0.29	0.32	0.33	0.38	0.38

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

For the Conglomerates subindustry, Kingboard 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.

Kingboard Holdings's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kingboard Holdings's Debt-to-Equity distribution charts can be found below:

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

Kingboard Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kingboard 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
	=	(1043.399	+	1892.36)	/	7649.538
	=	0.38

Kingboard 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
	=	(1043.399	+	1892.36)	/	7649.538
	=	0.38

Kingboard Holdings (OTCPK:KBDCF) 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.

Kingboard Holdings Debt-to-Equity Related Terms

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Kingboard Holdings (Kingboard Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Kingboard Holdings Ltd (OTCPK:KBDCF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KBDCY:USA 00148:Hong Kong KGZ:Germany

Address

3 On Yiu Street, 23rd Floor, Delta House, Shek Mun, Shatin, N.T, Hong Kong, HKG

Website

https://www.kingboard.com

Kingboard Holdings Ltd is an investment holding company in China. It operates in six segments: manufacture and sale of laminates; manufacture and sale of printed circuit boards; manufacture and sale of chemicals; sales and rental of properties; investments; and others including service income, manufacture, and sale of magnetic products and hotel business. The company's products include Tar, coke, methanol, benzene, acetic acid, glass epoxy laminate, paper laminate, single and double-sided printed circuit boards and others. Geographically, it has operations in China, Thailand, Japan, Korea, Singapore, Europe, and America, out of which China accounts for the majority of the revenue.

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