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Dowell Service Group Co (HKSE:02352) Debt-to-Equity : 0.05 (As of Dec. 2023)


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What is Dowell Service Group Co Debt-to-Equity?

Dowell Service Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$17 Mil. Dowell Service Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$10 Mil. Dowell Service Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$517 Mil. Dowell Service Group Co's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

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 Dowell Service Group Co's Debt-to-Equity or its related term are showing as below:

HKSE:02352' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.05   Max: 0.18
Current: 0.05

During the past 5 years, the highest Debt-to-Equity Ratio of Dowell Service Group Co was 0.18. The lowest was 0.02. And the median was 0.05.

HKSE:02352's Debt-to-Equity is ranked better than
91.74% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:02352: 0.05

Dowell Service Group Co Debt-to-Equity Historical Data

The historical data trend for Dowell Service Group Co'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.

Dowell Service Group Co Debt-to-Equity Chart

Dowell Service Group Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
0.05 0.18 0.04 0.02 0.05

Dowell Service Group Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial 0.04 0.02 0.02 0.02 0.05

Competitive Comparison of Dowell Service Group Co's Debt-to-Equity

For the Real Estate Services subindustry, Dowell Service Group Co'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.

Dowell Service Group Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Dowell Service Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dowell Service Group Co's Debt-to-Equity falls into.


Dowell Service Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dowell Service Group Co'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
=(16.657 + 10.385) / 516.572
=0.05

Dowell Service Group Co'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
=(16.657 + 10.385) / 516.572
=0.05

* 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.

Dowell Service Group Co  (HKSE:02352) 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.

Dowell Service Group Co Debt-to-Equity Related Terms

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Dowell Service Group Co (HKSE:02352) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dowell Service Group Co Ltd (HKSE:02352) » Definitions » Debt-to-Equity
Comparable Companies
HKSE:02210 HKSE:01200 HKSE:01778 HKSE:00715 HKSE:00593 HKSE:00432 HKSE:01036 HKSE:09928 HKSE:01922 HKSE:00021 CSGP CBRE XMAD:CLNX BEKE TSE:8830 HKSE:01972 SGX:9CI OSTO:AKEL D HKSE:01997 MIL:INW
Traded in Other Exchanges
N/A
Address
No. 108 Baihe Road, Room 206, B1/F, Nanping Town, Nan’an District, Chongqing, CHN, 400000
Website
http://www.dowellservice.com
Dowell Service Group Co Ltd is an investment holding company established in the PRC. The Group is engaged in the provision of property management services, community value-added services, and value-added services to non-property owners.
Executives
Chong Qing Chao Feng Lian Wu Zi You Xian Gong Si 2106 Person having a security interest in shares
Lin Zi Yao 2201 Interest of corporation controlled by you
Chong Qing Di Ma Rui Sheng Shi Ye You Xian Gong Si 2201 Interest of corporation controlled by you
Chong Qing Shi Di Ma Shi Ye Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Chong Qing Dong Yin Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Tian Jin Cheng Fang Qi Ye Guan Li Zi Xun You Xian Gong Si 2101 Beneficial owner
Lo Siu Yu 2201 Interest of corporation controlled by you
Chiu Kit Hung 2202 Interest of your spouse
Harvest Fund Management Co., Ltd. 2201 Interest of corporation controlled by you
China Credit Trust Co., Ltd 2201 Interest of corporation controlled by you
Zhang Xiang Nong 2202 Interest of your spouse
Rui Fu Zi Ben Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Wang Hao 2201 Interest of corporation controlled by you
Bai Tian You Xian Gong Si 2101 Beneficial owner
Ma Xue Mei 2202 Interest of your spouse

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