Computime Group (HKSE:00320) Debt-to-Equity : 0.23 (As of Sep. 2023)

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What is Computime Group Debt-to-Equity?

Computime Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$257 Mil. Computime Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$40 Mil. Computime Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$1,305 Mil. Computime Group's debt to equity for the quarter that ended in Sep. 2023 was 0.23.

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 Computime Group's Debt-to-Equity or its related term are showing as below:

HKSE:00320' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.23 Max: 0.31
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Computime Group was 0.31. The lowest was 0.11. And the median was 0.23.

HKSE:00320's Debt-to-Equity is ranked better than
56.91% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs HKSE:00320: 0.23

Computime Group Debt-to-Equity Historical Data

The historical data trend for Computime Group'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.

Computime Group Debt-to-Equity Chart

Computime Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.16

0.18

0.11

0.28

0.27

Computime Group 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															0.13	0.28	0.31	0.27	0.23

Competitive Comparison of Computime Group's Debt-to-Equity

For the Consumer Electronics subindustry, Computime Group'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.

Computime Group's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Computime Group's Debt-to-Equity distribution charts can be found below:

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

Computime Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Computime Group'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
	=	(271.635	+	78.098)	/	1318.24
	=	0.27

Computime Group'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
	=	(256.648	+	40.005)	/	1305.379
	=	0.23

Computime Group (HKSE:00320) 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.

Computime Group Debt-to-Equity Related Terms

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

Computime Group (HKSE:00320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Computime Group Ltd (HKSE:00320) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

20 Science Park East Avenue, 6th Floor, Building 20E, Phase 3, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG

Website

https://www.computime.com

Computime Group Ltd is engaged in research and development, design, manufacture, trading, and distribution of electronic control products. The company operates in business segments that include the Control Solutions Business provides design, engineering, technology, and manufacturing services, including Original Equipment Manufacturer (OEM) and Original Design Manufacturer; and the Branded Business segment, which offers smart home, energy management, and home solutions to professional installers, property developers, utility companies, and wholesaler. The company generates a vast majority of its revenue from the Control solutions segment. Geographically, the operations are spread throughout America, Europe, Oceania, and Asia.

Executives

Heung Lap Chi Eugene	2101 Beneficial owner
Leung Yee Li Lana	2202 Interest of your spouse
Yeoman 3-rights Value Asia Fund Vcc	2101 Beneficial owner
Lim Mee Hwa	2201 Interest of corporation controlled by you
Yeo Seng Chong	2201 Interest of corporation controlled by you
Yeoman Capital Management Pte Ltd	2201 Interest of corporation controlled by you
Auyang Ho
Tse Shuk Ming

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