MaxWin International Holdings (HKSE:08513) Debt-to-Equity : 1.47 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is MaxWin International Holdings Debt-to-Equity?

MaxWin International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$15.73 Mil. MaxWin International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$9.13 Mil. MaxWin International Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$16.91 Mil. MaxWin International Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.47.

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

HKSE:08513' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.68 Max: 2.86
Current: 1.47

During the past 9 years, the highest Debt-to-Equity Ratio of MaxWin International Holdings was 2.86. The lowest was 0.22. And the median was 0.68.

HKSE:08513's Debt-to-Equity is ranked worse than
92.62% of 705 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs HKSE:08513: 1.47

MaxWin International Holdings Debt-to-Equity Historical Data

The historical data trend for MaxWin International 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.

MaxWin International Holdings Debt-to-Equity Chart

MaxWin International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.68

0.30

0.35

0.30

1.47

MaxWin International Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.30	N/A	0.68	N/A	1.47

Competitive Comparison of MaxWin International Holdings's Debt-to-Equity

For the Medical Instruments & Supplies subindustry, MaxWin International 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.

MaxWin International Holdings's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, MaxWin International Holdings's Debt-to-Equity distribution charts can be found below:

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

MaxWin International Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MaxWin International Holdings'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
	=	(15.73	+	9.128)	/	16.908
	=	1.47

MaxWin International Holdings'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
	=	(15.73	+	9.128)	/	16.908
	=	1.47

MaxWin International Holdings (HKSE:08513) 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.

MaxWin International Holdings Debt-to-Equity Related Terms

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

MaxWin International Holdings (HKSE:08513) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » MaxWin International Holdings Ltd (HKSE:08513) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Kallang Place, No 02-10, Kallang Basin Indusrial Estate, Singapore, SGP, 339156

Website

https://www.inzign.com

IAG Holdings Ltd is a contract manufacturer. It engages in the manufacturing and sale of injection-molded plastic parts for disposable medical devices and the provision of tooling services. Its segments include Component parts and Sub-assembly parts, amusement machines, and equipment. IAG derives its revenue from Component parts segment. and Geographic revenue from Singapore.

MaxWin International Holdings (HKSE:08513) Headlines

No Headlines