Digital China Holdings (HKSE:00861) Debt-to-Equity : 0.54 (As of Dec. 2023)

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What is Digital China Holdings Debt-to-Equity?

Digital China Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,600 Mil. Digital China Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2,121 Mil. Digital China Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$6,886 Mil. Digital China Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.54.

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

HKSE:00861' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41 Med: 0.64 Max: 1.07
Current: 0.54

During the past 13 years, the highest Debt-to-Equity Ratio of Digital China Holdings was 1.07. The lowest was 0.41. And the median was 0.64.

HKSE:00861's Debt-to-Equity is ranked better than
50.85% of 472 companies
in the Conglomerates industry
Industry Median: 0.55 vs HKSE:00861: 0.54

Digital China Holdings Debt-to-Equity Historical Data

The historical data trend for Digital China 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.

Digital China Holdings Debt-to-Equity Chart

Digital China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.59

0.48

0.41

0.45

0.54

Digital China 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															0.41	0.42	0.45	0.42	0.54

Competitive Comparison of Digital China Holdings's Debt-to-Equity

For the Conglomerates subindustry, Digital China 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.

Digital China Holdings's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Digital China Holdings's Debt-to-Equity distribution charts can be found below:

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

Digital China Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Digital China Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(1599.932	+	2120.768)	/	6885.74
	=	0.54

Digital China 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
	=	(1599.932	+	2120.768)	/	6885.74
	=	0.54

Digital China Holdings (HKSE:00861) 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.

Digital China Holdings Debt-to-Equity Related Terms

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

Digital China Holdings (HKSE:00861) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Digital China Holdings Ltd (HKSE:00861) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DCHIY:USA DCHIF:USA 910861:Taiwan DIN:Germany

Address

77-79 Gloucester Road, 31st Floor, Fortis Tower, Wanchai, Hong Kong, HKG

Website

https://www.dcholdings.com

Digital China Holdings is a holding company that through its subsidiaries provides information technology services. The company organizes itself into thre primary segments based on services provided. such as The Big Data Products and Solutions business segment, The Software and Operating Services business segment and The Traditional and Localization Services business segment. Company generates majority revenue from Traditional and Localization Services segment.

Digital China Holdings (HKSE:00861) Headlines

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