Four Seas Mercantile Holdings (HKSE:00374) Debt-to-Equity : 0.99 (As of Sep. 2023)

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What is Four Seas Mercantile Holdings Debt-to-Equity?

Four Seas Mercantile Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1,014 Mil. Four Seas Mercantile Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$193 Mil. Four Seas Mercantile Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$1,222 Mil. Four Seas Mercantile Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.99.

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

HKSE:00374' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48 Med: 0.83 Max: 1.34
Current: 0.99

During the past 13 years, the highest Debt-to-Equity Ratio of Four Seas Mercantile Holdings was 1.34. The lowest was 0.48. And the median was 0.83.

HKSE:00374's Debt-to-Equity is ranked worse than
61.07% of 280 companies
in the Retail - Defensive industry
Industry Median: 0.61 vs HKSE:00374: 0.99

Four Seas Mercantile Holdings Debt-to-Equity Historical Data

The historical data trend for Four Seas Mercantile 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.

Four Seas Mercantile Holdings Debt-to-Equity Chart

Four Seas Mercantile Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.49

0.91

1.09

0.99

1.07

Four Seas Mercantile Holdings 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															1.11	0.99	1.04	1.07	0.99

Competitive Comparison of Four Seas Mercantile Holdings's Debt-to-Equity

For the Food Distribution subindustry, Four Seas Mercantile 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.

Four Seas Mercantile Holdings's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Four Seas Mercantile Holdings's Debt-to-Equity distribution charts can be found below:

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

Four Seas Mercantile Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Four Seas Mercantile Holdings'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
	=	(1203.955	+	155.839)	/	1275.216
	=	1.07

Four Seas Mercantile Holdings'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
	=	(1013.817	+	192.857)	/	1221.502
	=	0.99

Four Seas Mercantile Holdings (HKSE:00374) 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.

Four Seas Mercantile Holdings Debt-to-Equity Related Terms

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

Four Seas Mercantile Holdings (HKSE:00374) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Four Seas Mercantile Holdings Ltd (HKSE:00374) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 23 Wang Tai Road, 21st Floor, Manhattan Place, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.fourseasgroup.com.hk

Four Seas Mercantile Holdings Ltd is an investment holding company. The company's geographical segment includes Hong Kong; Mainland China and Japan. It generates maximum revenue from Hong Kong. The Hong Kong segment is engaged in the operation of restaurants, the manufacture and trading of snack foods, confectionery, beverages, frozen food products, ham and ham-related products and noodles, as well as the retailing of snack foods, confectionery, and beverages. The Mainland China segment is engaged in the operation of restaurants and the manufacture and trading of snack foods, confectionery, beverages, frozen food products, noodles, poultry products, ham and ham-related products. Its Japan segment is engaged in the wholesaling and distribution of snack foods and confectionery.

Executives

Manureen Holdings Limited	2101 Beneficial owner
Realord Group Holdings Limited	2101 Beneficial owner
Lin Xiaohui	2201 Interest of corporation controlled by you
Su Jiaohua	2202 Interest of your spouse
Special Access Limited
Careful Guide Limited
Advance Finance Investments Limited
Capital Season Investments Limited
Hong Kong Food Investment Holdings Limited
Tai Tak Fung
Wu Mei Yung

Four Seas Mercantile Holdings (HKSE:00374) Headlines

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