EverChina Int'l Holdings Co (HKSE:00202) Debt-to-Equity : 0.21 (As of Sep. 2023)

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What is EverChina Int'l Holdings Co Debt-to-Equity?

EverChina Int'l Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$255.5 Mil. EverChina Int'l Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.6 Mil. EverChina Int'l Holdings Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$1,246.9 Mil. EverChina Int'l Holdings Co's debt to equity for the quarter that ended in Sep. 2023 was 0.21.

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 EverChina Int'l Holdings Co's Debt-to-Equity or its related term are showing as below:

HKSE:00202' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.25 Max: 0.45
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of EverChina Int'l Holdings Co was 0.45. The lowest was 0.09. And the median was 0.25.

HKSE:00202's Debt-to-Equity is ranked better than
72.03% of 472 companies
in the Conglomerates industry
Industry Median: 0.55 vs HKSE:00202: 0.21

EverChina Int'l Holdings Co Debt-to-Equity Historical Data

The historical data trend for EverChina Int'l Holdings 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.

EverChina Int'l Holdings Co Debt-to-Equity Chart

EverChina Int'l Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.35

0.42

0.12

0.28

0.19

EverChina Int'l Holdings Co 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															0.22	0.28	0.32	0.19	0.21

Competitive Comparison of EverChina Int'l Holdings Co's Debt-to-Equity

For the Conglomerates subindustry, EverChina Int'l Holdings 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.

EverChina Int'l Holdings Co's Debt-to-Equity Distribution in the Conglomerates Industry

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

* The bar in red indicates where EverChina Int'l Holdings Co's Debt-to-Equity falls into.

EverChina Int'l Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EverChina Int'l Holdings Co'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
	=	(285.895	+	0)	/	1489.939
	=	0.19

EverChina Int'l Holdings Co'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
	=	(255.504	+	0.578)	/	1246.896
	=	0.21

EverChina Int'l Holdings Co (HKSE:00202) 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.

EverChina Int'l Holdings Co Debt-to-Equity Related Terms

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EverChina Int'l Holdings Co (HKSE:00202) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » EverChina Int'l Holdings Co Ltd (HKSE:00202) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

151 Gloucester Road, Capital Centre, Unit 1506, 15th Floor, Wanchai, Hong Kong, HKG

Website

https://www.everchina202.com.hk

EverChina Int'l Holdings Co Ltd is a Hong Kong-based investment holding company. The company's operating segment include Property investment operation; Hotel operation; Securities investment and financing operation; Resources operation and Agricultural operation. Property investment operation segment is engaged in the leasing of rental property in PRC and Hong Kong. Agricultural operation segment is engaged in the agricultural farming, cattle raising and sales of cattle, soybean, corn, and rice in the Plurinational State of Bolivia. It generates maximum revenue from the Agricultural operation segment. Geographically, it derives a majority of revenue from Bolivia.

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