Kai Yuan Holdings (HKSE:01215) Debt-to-Equity : 0.78 (As of Dec. 2023)

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What is Kai Yuan Holdings Debt-to-Equity?

Kai Yuan Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,504.3 Mil. Kai Yuan Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.6 Mil. Kai Yuan Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,927.8 Mil. Kai Yuan Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.78.

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

HKSE:01215' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.61 Med: 0.75 Max: 1.46
Current: 0.78

During the past 13 years, the highest Debt-to-Equity Ratio of Kai Yuan Holdings was 1.46. The lowest was 0.61. And the median was 0.75.

HKSE:01215's Debt-to-Equity is ranked worse than
63.31% of 695 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs HKSE:01215: 0.78

Kai Yuan Holdings Debt-to-Equity Historical Data

The historical data trend for Kai Yuan 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.

Kai Yuan Holdings Debt-to-Equity Chart

Kai Yuan Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.61

0.74

0.77

0.75

0.78

Kai Yuan 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															0.77	0.74	0.75	0.77	0.78

Competitive Comparison of Kai Yuan Holdings's Debt-to-Equity

For the Lodging subindustry, Kai Yuan 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.

Kai Yuan Holdings's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kai Yuan Holdings's Debt-to-Equity distribution charts can be found below:

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

Kai Yuan Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kai Yuan 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
	=	(1504.314	+	0.554)	/	1927.822
	=	0.78

Kai Yuan 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
	=	(1504.314	+	0.554)	/	1927.822
	=	0.78

Kai Yuan Holdings (HKSE:01215) 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.

Kai Yuan Holdings Debt-to-Equity Related Terms

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

Kai Yuan Holdings (HKSE:01215) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kai Yuan Holdings Ltd (HKSE:01215) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

178 Gloucester Road, 28th Floor, Chinachem Century Tower, Wanchai, Hong Kong, HKG

Website

https://www.kaiyuanholdings.com

Kai Yuan Holdings Ltd is an investment holding company. The company is organized into two segments - the Hotel Operation segment engaged in the operation of hotel businesses in Hong Kong and France, and the Money-Lending segment engaged in providing mortgage loans in Hong Kong. It generates maximum revenue from the hotel operation segment.

Kai Yuan Holdings (HKSE:01215) Headlines

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