Global International Credit Group (HKSE:01669) Debt-to-Equity : 0.01 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Global International Credit Group Debt-to-Equity?

Global International Credit Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.00 Mil. Global International Credit Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$6.64 Mil. Global International Credit Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$915.12 Mil. Global International Credit Group's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 Global International Credit Group's Debt-to-Equity or its related term are showing as below:

HKSE:01669' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.18 Max: 1.14
Current: 0.01

During the past 11 years, the highest Debt-to-Equity Ratio of Global International Credit Group was 1.14. The lowest was 0.01. And the median was 0.18.

HKSE:01669's Debt-to-Equity is ranked better than
99.77% of 431 companies
in the Credit Services industry
Industry Median: 1.13 vs HKSE:01669: 0.01

Global International Credit Group Debt-to-Equity Historical Data

The historical data trend for Global International Credit Group'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.

Global International Credit Group Debt-to-Equity Chart

Global International Credit Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.23

0.06

0.05

0.01

Global International Credit Group 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															0.05	0.02	0.05	-	0.01

Competitive Comparison of Global International Credit Group's Debt-to-Equity

For the Credit Services subindustry, Global International Credit Group'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.

Global International Credit Group's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Global International Credit Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Global International Credit Group's Debt-to-Equity falls into.

Global International Credit Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Global International Credit Group'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
	=	(0	+	6.635)	/	915.124
	=	0.01

Global International Credit Group'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
	=	(0	+	6.635)	/	915.124
	=	0.01

Global International Credit Group (HKSE:01669) 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.

Global International Credit Group Debt-to-Equity Related Terms

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

Global International Credit Group (HKSE:01669) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Global International Credit Group Ltd (HKSE:01669) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Des Voeux Road Central, Unit 01, 23rd Floor, World-Wide House, Hong Kong, HKG

Website

https://www.gicl.com.hk

Global International Credit Group Ltd is engaged in the money lending business. The company provides short-term and long-term property mortgage loans to customers in Hong Kong. It provides flexible loan solutions, property mortgage loans, and personal loans. Its revenue is generated from the money lending business of providing property mortgage loans and personal loans in Hong Kong.

Global International Credit Group (HKSE:01669) Headlines

No Headlines