Feiyang International Holdings Group (HKSE:01901) Debt-to-Equity : 2.69 (As of Dec. 2023)

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What is Feiyang International Holdings Group Debt-to-Equity?

Feiyang International Holdings Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$218.7 Mil. Feiyang International Holdings Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$8.7 Mil. Feiyang International Holdings Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$84.7 Mil. Feiyang International Holdings Group's debt to equity for the quarter that ended in Dec. 2023 was 2.69.

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

HKSE:01901' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 1.71 Max: 9.18
Current: 2.69

During the past 8 years, the highest Debt-to-Equity Ratio of Feiyang International Holdings Group was 9.18. The lowest was 0.20. And the median was 1.71.

HKSE:01901's Debt-to-Equity is ranked worse than
87.34% of 695 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs HKSE:01901: 2.69

Feiyang International Holdings Group Debt-to-Equity Historical Data

The historical data trend for Feiyang International Holdings 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.

Feiyang International Holdings Group Debt-to-Equity Chart

Feiyang International Holdings Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.11

1.99

9.18

2.55

2.69

Feiyang International Holdings Group 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									9.18	2.52	2.55	2.63	2.69

Competitive Comparison of Feiyang International Holdings Group's Debt-to-Equity

For the Travel Services subindustry, Feiyang International Holdings 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.

Feiyang International Holdings Group's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

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

Feiyang International Holdings Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Feiyang International Holdings 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
	=	(218.693	+	8.702)	/	84.676
	=	2.69

Feiyang International Holdings 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
	=	(218.693	+	8.702)	/	84.676
	=	2.69

Feiyang International Holdings Group (HKSE:01901) 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.

Feiyang International Holdings Group Debt-to-Equity Related Terms

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

Feiyang International Holdings Group (HKSE:01901) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Feiyang International Holdings Group Ltd (HKSE:01901) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

(1-140) 30 Dashani Street, Haishu District, Zhejiang, Ningbo, CHN

Website

https://www.iflying.com

Feiyang International Holdings Group Ltd is a travel service provider. It is principally engaged in the design, development and sales of outbound travel package tours; the design, development and sales of FIT Products; and the provision of other ancillary travel-related products and services. The company derives maximum revenue from Sales of package tours. Geographically, it generates a majority of revenue from China.

Executives

He Binfeng	2101 Beneficial owner
Qian Jie	2202 Interest of your spouse
Dy Holdings Limited
Hhr Group Holdings Limited
Kvn Holdings Limited
Michael Group Holdings Limited
Qj Holdings Limited
Qian Jie	2202 Interest of your spouse

Feiyang International Holdings Group (HKSE:01901) Headlines

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