Emperor Watch & Jewellery (HKSE:00887) Debt-to-Equity : 0.06 (As of Dec. 2023)

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What is Emperor Watch & Jewellery Debt-to-Equity?

Emperor Watch & Jewellery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$178 Mil. Emperor Watch & Jewellery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$127 Mil. Emperor Watch & Jewellery's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$5,047 Mil. Emperor Watch & Jewellery's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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 Emperor Watch & Jewellery's Debt-to-Equity or its related term are showing as below:

HKSE:00887' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.16 Max: 0.32
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Emperor Watch & Jewellery was 0.32. The lowest was 0.06. And the median was 0.16.

HKSE:00887's Debt-to-Equity is ranked better than
91.22% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs HKSE:00887: 0.06

Emperor Watch & Jewellery Debt-to-Equity Historical Data

The historical data trend for Emperor Watch & Jewellery'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.

Emperor Watch & Jewellery Debt-to-Equity Chart

Emperor Watch & Jewellery Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.32

0.23

0.09

0.06

Emperor Watch & Jewellery 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															0.09	0.08	0.06	0.05	0.06

Competitive Comparison of Emperor Watch & Jewellery's Debt-to-Equity

For the Luxury Goods subindustry, Emperor Watch & Jewellery'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.

Emperor Watch & Jewellery's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Emperor Watch & Jewellery's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Emperor Watch & Jewellery's Debt-to-Equity falls into.

Emperor Watch & Jewellery Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Emperor Watch & Jewellery'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
	=	(177.501	+	127.126)	/	5046.688
	=	0.06

Emperor Watch & Jewellery'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
	=	(177.501	+	127.126)	/	5046.688
	=	0.06

Emperor Watch & Jewellery (HKSE:00887) 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.

Emperor Watch & Jewellery Debt-to-Equity Related Terms

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Emperor Watch & Jewellery (HKSE:00887) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Emperor Watch & Jewellery Ltd (HKSE:00887) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

288 Hennessy Road, 25th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG

Website

https://www.emperorwatchjewellery.com

Emperor Watch & Jewellery Ltd is a retailer of European-made internationally renowned watches, together with self-designed fine jewellery products under its own brand, Emperor Jewellery. The group has extensive retail networks in Hong Kong, Macau, Mainland China, Malaysia, and Singapore. Its wristwatch brands include Audemars Piguet, Baume & Mercier, Cartier, Omega, Jaeger-LeCoultre, Montblanc, Tissot, and Rolex, among others. The target customers range from middle to high-income groups world wide. The majority of the revenue is mainly derived from sales of watches and jewellery in Hong Kong.

Emperor Watch & Jewellery (HKSE:00887) Headlines

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