Chi Ho Development Holdings (HKSE:08423) Debt-to-Equity : 0.61 (As of Sep. 2023)

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What is Chi Ho Development Holdings Debt-to-Equity?

Chi Ho Development Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$90.6 Mil. Chi Ho Development Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$2.1 Mil. Chi Ho Development Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$153.4 Mil. Chi Ho Development Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.60.

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

HKSE:08423' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.5 Max: 1.83
Current: 0.61

During the past 9 years, the highest Debt-to-Equity Ratio of Chi Ho Development Holdings was 1.83. The lowest was 0.21. And the median was 0.50.

HKSE:08423's Debt-to-Equity is ranked worse than
59.67% of 1515 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:08423: 0.61

Chi Ho Development Holdings Debt-to-Equity Historical Data

The historical data trend for Chi Ho Development 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.

Chi Ho Development Holdings Debt-to-Equity Chart

Chi Ho Development Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.49

0.50

0.32

0.69

0.63

Chi Ho Development 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															0.53	N/A	0.63	N/A	0.61

Competitive Comparison of Chi Ho Development Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, Chi Ho Development 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.

Chi Ho Development Holdings's Debt-to-Equity Distribution in the Construction Industry

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

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

Chi Ho Development Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chi Ho Development 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
	=	(91.034	+	2.26)	/	147.311
	=	0.63

Chi Ho Development 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
	=	(90.59	+	2.143)	/	153.404
	=	0.60

Chi Ho Development Holdings (HKSE:08423) 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.

Chi Ho Development Holdings Debt-to-Equity Related Terms

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Chi Ho Development Holdings (HKSE:08423) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chi Ho Development Holdings Ltd (HKSE:08423) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

77–81 Container Port Road, Units 901, 902 and 908, 9/F, Magnet Place Tower 1, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.chdev.com.hk

Chi Ho Development Holdings Ltd is an investment holding company. Its operating segments include Building renovation and construction which includes renovation and maintenance works, alteration and addition works and fitting-out works, and site formation and geotechnical works in Hong Kong. and Property which includes property investment in Hong Kong. The group's revenue is generated from Hong Kong.

Chi Ho Development Holdings (HKSE:08423) Headlines

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