WMHW Holdings (HKSE:08217) Debt-to-Equity : 0.39 (As of Sep. 2023)

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What is WMHW Holdings Debt-to-Equity?

WMHW Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$12.00 Mil. WMHW Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.00 Mil. WMHW Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$30.92 Mil. WMHW Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.39.

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

HKSE:08217' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.46 Med: 0.17 Max: 2.66
Current: 0.39

During the past 10 years, the highest Debt-to-Equity Ratio of WMHW Holdings was 2.66. The lowest was -1.46. And the median was 0.17.

HKSE:08217's Debt-to-Equity is ranked better than
53.34% of 1513 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:08217: 0.39

WMHW Holdings Debt-to-Equity Historical Data

The historical data trend for WMHW 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.

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WMHW Holdings Debt-to-Equity Chart

WMHW Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.01

0.02

0.50

0.20

0.24

WMHW Holdings 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															0.20	N/A	0.24	N/A	0.39

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

For the Engineering & Construction subindustry, WMHW 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.

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

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

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

WMHW Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WMHW Holdings'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
	=	(12	+	0)	/	50.55
	=	0.24

WMHW Holdings'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
	=	(12	+	0)	/	30.917
	=	0.39

WMHW Holdings (HKSE:08217) 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.

WMHW Holdings Debt-to-Equity Related Terms

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

WMHW Holdings (HKSE:08217) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WMHW Holdings Ltd (HKSE:08217) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

489 Hennessy Road, Unit 2202, 22nd Floor, Causeway Bay Plaza I, Causeway Bay, Hong Kong, HKG

Website

https://www.luenwong.hk

WMHW Holdings Ltd Formerly Luen Wong Group Holdings Ltd is an investment holding company operating through its subsidiaries. It engages in the civil engineering construction industry in Hong Kong and undertakes contracts for various civil engineering construction projects some of which include the West Rail Line Viaduct, Route 9 Ngong Shuen Chau Viaduct, and Central Reclamation Phase III project, Tuen Mun Road, and Fanling Highway.

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