Edensoft Holdings (HKSE:01147) Debt-to-Equity : 0.29 (As of Dec. 2023)

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What is Edensoft Holdings Debt-to-Equity?

Edensoft Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$56.3 Mil. Edensoft Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4.2 Mil. Edensoft Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$209.6 Mil. Edensoft Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.29.

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

HKSE:01147' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.18 Max: 2.45
Current: 0.29

During the past 8 years, the highest Debt-to-Equity Ratio of Edensoft Holdings was 2.45. The lowest was 0.03. And the median was 0.18.

HKSE:01147's Debt-to-Equity is ranked worse than
57.64% of 2224 companies
in the Software industry
Industry Median: 0.21 vs HKSE:01147: 0.29

Edensoft Holdings Debt-to-Equity Historical Data

The historical data trend for Edensoft 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.

Edensoft Holdings Debt-to-Equity Chart

Edensoft Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.12

0.04

0.03

0.14

0.29

Edensoft Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								0.03	0.04	0.14	0.28	0.29

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

For the Information Technology Services subindustry, Edensoft 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.

Edensoft Holdings's Debt-to-Equity Distribution in the Software Industry

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

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

Edensoft Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Edensoft 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
	=	(56.275	+	4.227)	/	209.596
	=	0.29

Edensoft 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
	=	(56.275	+	4.227)	/	209.596
	=	0.29

Edensoft Holdings (HKSE:01147) 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.

Edensoft Holdings Debt-to-Equity Related Terms

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

Edensoft Holdings (HKSE:01147) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Edensoft Holdings Ltd (HKSE:01147) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Hua Fu Street, 1006 Shennan Road, West, 2nd Floor, Building A, Futian Technology Square, Shenzhen International Innovation Center, Futian District, Shenzhen, CHN

Website

https://www.edensoft.com.cn

Edensoft Holdings Ltd is engaged in provision of IT infrastructure services, IT implementation and supporting services and cloud services in the PRC. Its segment includes IT infrastructure services; IT implementation and supporting services; and Cloud services. It derives key revenue from the IT infrastructure services segment that assess customers' needs and their existing IT environment and providing IT infrastructure services by advising them on the suitable hardware and software products that their IT environment would require, and procuring the relevant hardware and software products from IT products vendors and installing these IT products in customers' IT environment. It operates in Mainland China and Hong Kong, of which prime revenue is derived from Mainland China.

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