Summi (Group) Holdings (HKSE:00756) Debt-to-Equity : -1.43 (As of Dec. 2023)

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What is Summi (Group) Holdings Debt-to-Equity?

Summi (Group) Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$260.87 Mil. Summi (Group) Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$44.91 Mil. Summi (Group) Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$-214.56 Mil. Summi (Group) Holdings's debt to equity for the quarter that ended in Dec. 2023 was -1.43.

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 Summi (Group) Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:00756' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.52 Med: -0.35 Max: 0.55
Current: -1.43

During the past 13 years, the highest Debt-to-Equity Ratio of Summi (Group) Holdings was 0.55. The lowest was -1.52. And the median was -0.35.

HKSE:00756's Debt-to-Equity is not ranked
in the Beverages - Non-Alcoholic industry.
Industry Median: 0.29 vs HKSE:00756: -1.43

Summi (Group) Holdings Debt-to-Equity Historical Data

The historical data trend for Summi (Group) 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.

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Summi (Group) Holdings Debt-to-Equity Chart

Summi (Group) Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

-1.22

-1.23

-1.52

-1.17

-1.16

Summi (Group) 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															-1.34	-1.17	-1.04	-1.16	-1.43

Competitive Comparison of Summi (Group) Holdings's Debt-to-Equity

For the Beverages - Non-Alcoholic subindustry, Summi (Group) 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.

Summi (Group) Holdings's Debt-to-Equity Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Summi (Group) Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Summi (Group) Holdings's Debt-to-Equity falls into.

Summi (Group) Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Summi (Group) Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(326.868	+	51.228)	/	-325.258
	=	-1.16

Summi (Group) Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(260.868	+	44.912)	/	-214.559
	=	-1.43

Summi (Group) Holdings (HKSE:00756) 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.

Summi (Group) Holdings Debt-to-Equity Related Terms

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Summi (Group) Holdings (HKSE:00756) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Summi (Group) Holdings Ltd (HKSE:00756) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

838 Lai Chi Kok Road, Room 702, 7th Floor, Laford Centre, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

http://www.hksummi.com

Summi (Group) Holdings Ltd operates in the beverages business. The company and its subsidiaries are principally engaged in the sale of frozen concentrated orange juice and other related products; and production and sale of freshly squeezed orange juice. The products of the group are offered under Summi brand name. It operates in two segments: Production and Sale of FCOJ and Other Related Products Business and Production and Sale of Summi Fresh Orange Juice and Other Products Busines. The company generates maximum revenue from production and Sale of Summi Fresh Orange Juice and Other Products Business segment. Geographically the company operates in South East Asia, Mainland China and Hong Kong.

Summi (Group) Holdings (HKSE:00756) Headlines

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