Noel Gifts International (SGX:543) Debt-to-Equity : 0.05 (As of Dec. 2023)

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What is Noel Gifts International Debt-to-Equity?

Noel Gifts International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.65 Mil. Noel Gifts International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.80 Mil. Noel Gifts International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$29.24 Mil. Noel Gifts International's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

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

SGX:543' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.06
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Noel Gifts International was 0.06. The lowest was 0.00. And the median was 0.02.

SGX:543's Debt-to-Equity is ranked better than
92.21% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs SGX:543: 0.05

Noel Gifts International Debt-to-Equity Historical Data

The historical data trend for Noel Gifts International'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.

Noel Gifts International Debt-to-Equity Chart

Noel Gifts International Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.06

0.05

0.03

0.02

Noel Gifts International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.04	0.03	0.02	0.02	0.05

Competitive Comparison of Noel Gifts International's Debt-to-Equity

For the Specialty Retail subindustry, Noel Gifts International'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.

Noel Gifts International's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Noel Gifts International's Debt-to-Equity distribution charts can be found below:

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

Noel Gifts International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Noel Gifts International's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.417	+	0.208)	/	31.04
	=	0.02

Noel Gifts International'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
	=	(0.645	+	0.804)	/	29.24
	=	0.05

Noel Gifts International (SGX:543) 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.

Noel Gifts International Debt-to-Equity Related Terms

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Noel Gifts International (SGX:543) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Noel Gifts International Ltd (SGX:543) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Ubi Road 1, No. 03-01, Singapore, SGP, 408724

Website

https://www.noelgifts.com

Noel Gifts International Ltd is a hampers, flowers and gifts company. The company engages in the online marketing and sale of bouquets, gifts, and hampers in Singapore and Southeast Asia. The group is principally engaged in two reportable segments, namely Gifts and Properties. The Gifts segment relates to the marketing of gifts and the operation of the franchise programme. The Properties segment relates to property investment and development. It generates maximum revenue from its Gifts segment.

Noel Gifts International (SGX:543) Headlines

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