WLS Holdings (HKSE:08021) Debt-to-Equity : 0.38 (As of Oct. 2023)

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What is WLS Holdings Debt-to-Equity?

WLS Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was HK$145.2 Mil. WLS Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was HK$0.5 Mil. WLS Holdings's Total Stockholders Equity for the quarter that ended in Oct. 2023 was HK$383.9 Mil. WLS Holdings's debt to equity for the quarter that ended in Oct. 2023 was 0.38.

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

HKSE:08021' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.25 Max: 0.64
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of WLS Holdings was 0.64. The lowest was 0.08. And the median was 0.25.

HKSE:08021's Debt-to-Equity is ranked better than
53.87% of 1513 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:08021: 0.38

WLS Holdings Debt-to-Equity Historical Data

The historical data trend for WLS 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.

WLS Holdings Debt-to-Equity Chart

WLS Holdings Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

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0.20

0.29

0.30

0.28

0.32

WLS Holdings Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial															0.27	N/A	0.32	N/A	0.38

Competitive Comparison of WLS Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, WLS 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.

WLS Holdings's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, WLS Holdings's Debt-to-Equity distribution charts can be found below:

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

WLS Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WLS Holdings's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(121.59	+	3.911)	/	396.107
	=	0.32

WLS Holdings's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(145.213	+	0.522)	/	383.927
	=	0.38

WLS Holdings (HKSE:08021) 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.

WLS Holdings Debt-to-Equity Related Terms

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

WLS Holdings (HKSE:08021) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WLS Holdings Ltd (HKSE:08021) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.11 Yip Hing Street, Rooms 1001-1006, 10th Floor, Tower A, Southmark, Wong Chuk Hang, Aberdeen, Hong Kong, HKG

Website

http://www.wls.com.hk

WLS Holdings Ltd is a Hong Kong-based company engaged in providing construction services. It operates through the segments of Scaffolding, fitting out, and other auxiliary services for construction and building work, Money lending business, and Securities investment business. The group generates a majority of the revenue from the Scaffolding services segment Geographically, the company carries its business operations in Hong Kong.

WLS Holdings (HKSE:08021) Headlines

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