Asia-Pac Financial Investment Co (HKSE:08193) Debt-to-Equity : 0.57 (As of Sep. 2023)

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What is Asia-Pac Financial Investment Co Debt-to-Equity?

Asia-Pac Financial Investment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1.18 Mil. Asia-Pac Financial Investment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$35.88 Mil. Asia-Pac Financial Investment Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$64.95 Mil. Asia-Pac Financial Investment Co's debt to equity for the quarter that ended in Sep. 2023 was 0.57.

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 Asia-Pac Financial Investment Co's Debt-to-Equity or its related term are showing as below:

HKSE:08193' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.31 Max: 0.99
Current: 0.57

During the past 13 years, the highest Debt-to-Equity Ratio of Asia-Pac Financial Investment Co was 0.99. The lowest was 0.00. And the median was 0.31.

HKSE:08193's Debt-to-Equity is ranked worse than
59.9% of 611 companies
in the Capital Markets industry
Industry Median: 0.36 vs HKSE:08193: 0.57

Asia-Pac Financial Investment Co Debt-to-Equity Historical Data

The historical data trend for Asia-Pac Financial Investment 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.

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Asia-Pac Financial Investment Co Debt-to-Equity Chart

Asia-Pac Financial Investment Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.27

0.63

0.42

0.31

0.46

Asia-Pac Financial Investment Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.26	N/A	0.46	N/A	0.57

Competitive Comparison of Asia-Pac Financial Investment Co's Debt-to-Equity

For the Capital Markets subindustry, Asia-Pac Financial Investment 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.

Asia-Pac Financial Investment Co's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Asia-Pac Financial Investment Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Asia-Pac Financial Investment Co's Debt-to-Equity falls into.

Asia-Pac Financial Investment Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asia-Pac Financial Investment Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.147	+	36.508)	/	80.343
	=	0.46

Asia-Pac Financial Investment Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1.177	+	35.878)	/	64.945
	=	0.57

Asia-Pac Financial Investment Co (HKSE:08193) 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.

Asia-Pac Financial Investment Co Debt-to-Equity Related Terms

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

Asia-Pac Financial Investment Co (HKSE:08193) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Asia-Pac Financial Investment Co Ltd (HKSE:08193) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-8 Harbour Road, Room 304, 3rd Floor Shui On Centre, Wanchai, Hong Kong, HKG

Website

http://www.gca.com.hk

Asia-Pac Financial Investment Co Ltd is a Hong Kong-based company with four reporting segments. The asset advisory services and asset appraisal segment offers asset appraisal and advisory services for a wide range of asset classes, and it contributes the majority of revenue. The corporate services and consultancy segment offers advice to corporations in a wide range of areas, such as corporate governance and enterprise risk management. The media advertising segment offers media advertising business services. The financial services segment comprises financial credit services, trading and exchanging services, and consultancy or agency services.

Executives

Ip Kwok Kwong	2101 Beneficial owner
Brilliant One Holdings Limited	2101 Beneficial owner
Gc Holdings Limited	2201 Interest of corporation controlled by you
Laberie Holdings Limited	2101 Beneficial owner
Seec Media Group Limited	2201 Interest of corporation controlled by you
Zhong Ou Sheng Shi Zi Chan Guan Li Shang Hai You Xian Gong Si	2301 Trustee

Asia-Pac Financial Investment Co (HKSE:08193) Headlines

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