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Future World Holdings (HKSE:00572) Debt-to-Equity : 0.51 (As of Dec. 2023)


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What is Future World Holdings Debt-to-Equity?

Future World Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$366.50 Mil. Future World Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$42.51 Mil. Future World Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$801.07 Mil. Future World Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.51.

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

HKSE:00572' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17   Med: 0.44   Max: 0.53
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of Future World Holdings was 0.53. The lowest was 0.17. And the median was 0.44.

HKSE:00572's Debt-to-Equity is ranked worse than
56.96% of 611 companies
in the Capital Markets industry
Industry Median: 0.36 vs HKSE:00572: 0.51

Future World Holdings Debt-to-Equity Historical Data

The historical data trend for Future World 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.

Future World Holdings Debt-to-Equity Chart

Future World Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.50 0.46 0.41 0.51

Future World 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 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 0.46 0.43 0.41 0.49 0.51

Competitive Comparison of Future World Holdings's Debt-to-Equity

For the Capital Markets subindustry, Future World 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.


Future World Holdings's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Future World Holdings's Debt-to-Equity distribution charts can be found below:

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



Future World Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Future World Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Future World Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Future World Holdings  (HKSE:00572) 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.


Future World Holdings Debt-to-Equity Related Terms

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


Future World Holdings (HKSE:00572) Business Description

Traded in Other Exchanges
N/A
Address
30 Harbour Road, Room 2601-2604 and 2637-2640, 26th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
Future World Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the businesses of High technology business; Property investment; Provision of financing services; Securities trading and investment and Trading business and related service. Majority of revenue is derived from Provision of financing services segment. The group's operations are located in Hong Kong and the PRC, of which key revenue is derived from Hong Kong.
Executives
Lai Long Wai 2201 Interest of corporation controlled by you
China Clean Energy Technology Limited 2101 Beneficial owner
Chu Mo Kwan 2101 Beneficial owner
Zhao Zhiqiang 2101 Beneficial owner
Fang Wen Wen
Chu Mo Kwan
Yip Chun Tat 2101 Beneficial owner
Yang Xuanzi 2101 Beneficial owner
Tan Jinkang 2101 Beneficial owner
Liu Mingzhong 2101 Beneficial owner
East Jumbo Development Limited 2501 Other
Or Den Fung Bonnie 2401 A concert party to an agreement to buy shares
Hrg Robotics International Limited
Ha Gong Da Ji Qi Ren Ji Tuan Shang Hai Ke Ji Fu Wu You Xian Gong Si
Ha Gong Da Ji Qi Ren Ji Tuan Gu Fen You Xian Gong Si

Future World Holdings (HKSE:00572) Headlines

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