Kelfred Holdings (HKSE:01134) Debt-to-Equity : 0.08 (As of Dec. 2023)

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What is Kelfred Holdings Debt-to-Equity?

Kelfred Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2.7 Mil. Kelfred Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$12.5 Mil. Kelfred Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$183.2 Mil. Kelfred Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.08.

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

HKSE:01134' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.09 Max: 0.47
Current: 0.08

During the past 8 years, the highest Debt-to-Equity Ratio of Kelfred Holdings was 0.47. The lowest was 0.01. And the median was 0.09.

HKSE:01134's Debt-to-Equity is ranked better than
71.51% of 709 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs HKSE:01134: 0.08

Kelfred Holdings Debt-to-Equity Historical Data

The historical data trend for Kelfred 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.

Kelfred Holdings Debt-to-Equity Chart

Kelfred Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.10

0.07

0.02

0.01

0.08

Kelfred Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.02	0.02	0.01	0.09	0.08

Competitive Comparison of Kelfred Holdings's Debt-to-Equity

For the Medical Instruments & Supplies subindustry, Kelfred 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.

Kelfred Holdings's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Kelfred Holdings's Debt-to-Equity distribution charts can be found below:

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

Kelfred Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kelfred 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
	=	(2.747	+	12.472)	/	183.191
	=	0.08

Kelfred 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
	=	(2.747	+	12.472)	/	183.191
	=	0.08

Kelfred Holdings (HKSE:01134) 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.

Kelfred Holdings Debt-to-Equity Related Terms

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

Kelfred Holdings (HKSE:01134) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Kelfred Holdings Ltd (HKSE:01134) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 On Ping Street, Workshops 1605-1606, 16th Floor, Block B, New Trade Plaza, Sha Tin, New Territories, Hong Kong, HKG

Website

https://www.kelfred.com.hk

Kelfred Holdings Ltd is an eyewear manufacturer in the PRC and Hong Kong. It manufactures and sells a wide range of spectacle frames and sunglasses mainly through original design manufacturing and original equipment manufacturing business models. It offers integrated and customized services which include product design and development, raw materials procurement, production, quality control, packaging, and delivery. In addition to the traditional OEM and ODM business models, the group also offers its original brand manufacturing (OBM) products under the brand Miga. The group operates in Italy, United Kingdom, Netherlands, Hong Kong, France, Spain, Japan, Hungary, the United States, and others.

Kelfred Holdings (HKSE:01134) Headlines

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