Sunac Services Holdings (HKSE:01516) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is Sunac Services Holdings Debt-to-Equity?

Sunac Services Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$20 Mil. Sunac Services Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$109 Mil. Sunac Services Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$6,601 Mil. Sunac Services Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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

HKSE:01516' s Debt-to-Equity Range Over the Past 10 Years
Min: -18.18 Med: 0.02 Max: 26.59
Current: 0.02

During the past 7 years, the highest Debt-to-Equity Ratio of Sunac Services Holdings was 26.59. The lowest was -18.18. And the median was 0.02.

HKSE:01516's Debt-to-Equity is ranked better than
96.97% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:01516: 0.02

Sunac Services Holdings Debt-to-Equity Historical Data

The historical data trend for Sunac Services 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.

Sunac Services Holdings Debt-to-Equity Chart

Sunac Services Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.10

0.01

0.02

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

Competitive Comparison of Sunac Services Holdings's Debt-to-Equity

For the Real Estate Services subindustry, Sunac Services 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.

Sunac Services Holdings's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunac Services Holdings's Debt-to-Equity distribution charts can be found below:

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

Sunac Services Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sunac Services 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
	=	(20.161	+	109.381)	/	6600.982
	=	0.02

Sunac Services 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
	=	(20.161	+	109.381)	/	6600.982
	=	0.02

Sunac Services Holdings (HKSE:01516) 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.

Sunac Services Holdings Debt-to-Equity Related Terms

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Sunac Services Holdings (HKSE:01516) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunac Services Holdings Ltd (HKSE:01516) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SSHLY:USA

Address

Hongqi Road, Block O1A, 25th Floor, Sunac Center, Nankai District, Tianjin, CHN, 300381

Website

http://www.sunacservice.com

Sunac Services Holdings Ltd is engaged in the provision of property management services, value-added services to non-property owners, community living services and commercial operational services in the PRC.

Executives

Sun Hongbin	2307 Founder of a discretionary trust who can infl
Sunac Holdings Llc	2201 Interest of corporation controlled by you
Sunac International Investment Holdings Ltd	2201 Interest of corporation controlled by you
Sunac China Holdings Limited	2201 Interest of corporation controlled by you
Sunac Services Investment Limited	2101 Beneficial owner
Gai Gong Si Wei Sun Hong Bin Xian Sheng Jia Zu Xin Tuo De Shou Tuo Ren	2201 Interest of corporation controlled by you
Sunac Shine (ptc) Limited	2301 Trustee
Morgan Stanley International Holdings Inc.	2201 Interest of corporation controlled by you
Morgan Stanley International Limited	2201 Interest of corporation controlled by you
Morgan Stanley Investments (uk)	2201 Interest of corporation controlled by you
Morgan Stanley & Co. International Plc	2105 Underwriter

Sunac Services Holdings (HKSE:01516) Headlines

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