True Partner Capital Holding (HKSE:08657) Debt-to-Equity : 0.02 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is True Partner Capital Holding Debt-to-Equity?

True Partner Capital Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1.37 Mil. True Partner Capital Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.35 Mil. True Partner Capital Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$95.26 Mil. True Partner Capital Holding's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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 True Partner Capital Holding's Debt-to-Equity or its related term are showing as below:

HKSE:08657' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.05
Current: 0.02

During the past 6 years, the highest Debt-to-Equity Ratio of True Partner Capital Holding was 0.05. The lowest was 0.00. And the median was 0.02.

HKSE:08657's Debt-to-Equity is ranked better than
93.69% of 1014 companies
in the Asset Management industry
Industry Median: 0.19 vs HKSE:08657: 0.02

True Partner Capital Holding Debt-to-Equity Historical Data

The historical data trend for True Partner Capital Holding'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.

True Partner Capital Holding Debt-to-Equity Chart

True Partner Capital Holding Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.05

0.01

0.02

True Partner Capital Holding 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															0.02	N/A	0.02	N/A	0.02

Competitive Comparison of True Partner Capital Holding's Debt-to-Equity

For the Asset Management subindustry, True Partner Capital Holding'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.

True Partner Capital Holding's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, True Partner Capital Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where True Partner Capital Holding's Debt-to-Equity falls into.

True Partner Capital Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

True Partner Capital Holding'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
	=	(1.367	+	0.353)	/	95.26
	=	0.02

True Partner Capital Holding'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
	=	(1.367	+	0.353)	/	95.26
	=	0.02

True Partner Capital Holding (HKSE:08657) 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.

True Partner Capital Holding Debt-to-Equity Related Terms

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

True Partner Capital Holding (HKSE:08657) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » True Partner Capital Holding Ltd (HKSE:08657) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Canton Road, The Gateway, Suites 2902-3, 29th Floor, The Gateway Tower 2, Harbour City,Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.truepartnercapital.com

True Partner Capital Holding Ltd is an investment holding company principally engaged in fund management business and consultancy services. The Company manages funds and managed accounts on a discretionary basis using a global volatility relative value trading strategy supported by its own in-house proprietary trading platform. The Company also provides consultancy services to complement the fund management business.

Executives

Chan Kong Yoke Keow	2202 Interest of your spouse
Chan Heng Fai Ambrose	2201 Interest of corporation controlled by you
Hekster Tobias Benjamin	2101 Beneficial owner
Kurpershoek-hekster Franca	2202 Interest of your spouse
Van Bakel Roy	2101 Beneficial owner
Heijboer Godefriedus Jelte	2101 Beneficial owner
Wong Rosa Maria	2202 Interest of your spouse
Dss, Inc.	2201 Interest of corporation controlled by you
True Partner International Limited	2101 Beneficial owner
Dss Securities, Inc.	2201 Interest of corporation controlled by you
Dss Financial Management, Inc.	2201 Interest of corporation controlled by you
Hfe Holdings Limited	2201 Interest of corporation controlled by you
Alset Ehome International Inc.	2201 Interest of corporation controlled by you
Van Put Ralph Paul Johan	2201 Interest of corporation controlled by you
True Partner Participation Limited	2101 Beneficial owner

True Partner Capital Holding (HKSE:08657) Headlines

No Headlines