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Goldin Financial Holdings (HKSE:00530) Debt-to-Equity : 0.63 (As of Jun. 2021)


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What is Goldin Financial Holdings Debt-to-Equity?

Goldin Financial Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was HK$6,552.0 Mil. Goldin Financial Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was HK$4.9 Mil. Goldin Financial Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2021 was HK$10,365.2 Mil. Goldin Financial Holdings's debt to equity for the quarter that ended in Jun. 2021 was 0.63.

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

HKSE:00530's Debt-to-Equity is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 0.395
* Ranked among companies with meaningful Debt-to-Equity only.

Goldin Financial Holdings Debt-to-Equity Historical Data

The historical data trend for Goldin Financial 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.

Goldin Financial Holdings Debt-to-Equity Chart

Goldin Financial Holdings Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 1.31 0.90 1.06 0.63

Goldin Financial Holdings Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 0.94 1.06 0.58 0.63

Competitive Comparison of Goldin Financial Holdings's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, Goldin Financial 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.


Goldin Financial Holdings's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Goldin Financial Holdings's Debt-to-Equity distribution charts can be found below:

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



Goldin Financial Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Goldin Financial Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 2021 is calculated as

Goldin Financial Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 2021 is calculated as

* 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.


Goldin Financial Holdings  (HKSE:00530) 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.


Goldin Financial Holdings Debt-to-Equity Related Terms

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Goldin Financial Holdings (HKSE:00530) Business Description

Traded in Other Exchanges
N/A
Address
17 Kai Cheung Road, 25th Floor, Goldin Financial Global Centre, Kowloon Bay, Hong Kong, HKG
Goldin Financial Holdings Ltd is an investment holding company. The company's operating segment includes Property; Winery and wine related; Factoring and Financial investments. It generates maximum revenue from the Property segment. The Property segment engages in property development and investment. Its Factoring segment engages in the provision of factoring services. The Winery and wine related segment engage in the trading of wines, wine storage, and the operation of vineyards and restaurants. Its Financial investments segment engages in securities and derivative investment and trading and investment in financial instruments. Geographically, it derives a majority of revenue from Hong Kong.
Executives
Industrial And Commercial Bank Of China (macau) Limited 2106 Person having a security interest in shares
Nyh Limited 2106 Person having a security interest in shares
Sea Fortune Ventures Limited 2106 Person having a security interest in shares
Vast Gold Holdings Limited 2106 Person having a security interest in shares
Lu Wing Chi 2106 Person having a security interest in shares
Pan Sutong 2101 Beneficial owner
Goldin Global Holdings Limited 2101 Beneficial owner

Goldin Financial Holdings (HKSE:00530) Headlines

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