TCL Electronics Holdings (HKSE:01070) Debt-to-Equity : 0.37 (As of Dec. 2023)

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What is TCL Electronics Holdings Debt-to-Equity?

TCL Electronics Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5,087 Mil. TCL Electronics Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,132 Mil. TCL Electronics Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$16,708 Mil. TCL Electronics Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.37.

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

HKSE:01070' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.36 Max: 0.71
Current: 0.37

During the past 13 years, the highest Debt-to-Equity Ratio of TCL Electronics Holdings was 0.71. The lowest was 0.11. And the median was 0.36.

HKSE:01070's Debt-to-Equity is ranked worse than
57.03% of 2192 companies
in the Hardware industry
Industry Median: 0.29 vs HKSE:01070: 0.37

TCL Electronics Holdings Debt-to-Equity Historical Data

The historical data trend for TCL Electronics 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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TCL Electronics Holdings Debt-to-Equity Chart

TCL Electronics Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.16

0.36

0.41

0.36

0.37

TCL Electronics 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	0.45	0.36	0.37	0.37

Competitive Comparison of TCL Electronics Holdings's Debt-to-Equity

For the Consumer Electronics subindustry, TCL Electronics 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.

TCL Electronics Holdings's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TCL Electronics Holdings's Debt-to-Equity distribution charts can be found below:

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

TCL Electronics Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TCL Electronics 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
	=	(5086.664	+	1132.306)	/	16707.654
	=	0.37

TCL Electronics 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
	=	(5086.664	+	1132.306)	/	16707.654
	=	0.37

TCL Electronics Holdings (HKSE:01070) 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.

TCL Electronics Holdings Debt-to-Equity Related Terms

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

TCL Electronics Holdings (HKSE:01070) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TCL Electronics Holdings Ltd (HKSE:01070) » Definitions » Debt-to-Equity

Traded in Other Exchanges

TCLHF:USA TC2A:Germany

Address

22 Science Park East Avenue, 5th Floor, Building 22E, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG

Website

http://electronics.tcl.com

TCL Electronics Holdings Ltd designs, manufactures, and sells televisions globally. Listed on the HKSE, TCL is headquartered in Shenzhen. By brand it is the third-largest supplier of televisions globally, but is second-largest in total television volume including televisions produced under original design and manufacture contracts for other brands. In 2020 TCL sold its wholesale TV business and purchased the TCL Communications business which focuses on smartphones and tablets. The five reportable operating segments are Smart screen segment, Internet business segment, Smart mobile, connective devices and services segment, All-category marketing segment and Smart commercial display, smart home, photovoltaic and other businesses segment.

Executives

Noah Holdings Limited	2201 Interest of corporation controlled by you
Zeng Edward Qiang	2201 Interest of corporation controlled by you
Wang Jingbo	2201 Interest of corporation controlled by you
Le Shi Wang Xin Xi Ji Shu Bei Jing Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Nuo Ya Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Xin Gen Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Ge Fei Chuang Shi Xin Gen Bing Gou Yi Hao Tou Zi Ji Jin	2201 Interest of corporation controlled by you
Ge Fei Chuang Shi Xin Gen Bing Gou Ji Jin Tou Zi Ji Jin	2201 Interest of corporation controlled by you
Shen Zhen Shi Le Shi Xin Gen Bing Gou Ji Jin Tou Zi Guan Li Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Bai Nian Ren Shou Bao Xian Gu Fen You Xian Gong Si	2305 Beneficiary of a trust
Wu Hu Ge Fei Zi Chan Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Nuo Ya Zheng Xing Ji Jin Xiao Shou You Xian Gong Si	2305 Beneficiary of a trust
Shen Zhen Shi Le Shi Xin Gen Bing Gou Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Tcl Industries Holdings Co., Ltd.	2201 Interest of corporation controlled by you
Shen Zhen Shi Le Shi Xin Gen Bing Gou Ji Jin Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you

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