Ho Bee Land (SGX:H13) Debt-to-Equity : 0.85 (As of Dec. 2023)

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What is Ho Bee Land Debt-to-Equity?

Ho Bee Land's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$479.7 Mil. Ho Bee Land's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$2,585.0 Mil. Ho Bee Land's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$3,596.0 Mil. Ho Bee Land's debt to equity for the quarter that ended in Dec. 2023 was 0.85.

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 Ho Bee Land's Debt-to-Equity or its related term are showing as below:

SGX:H13' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.66 Max: 0.88
Current: 0.85

During the past 13 years, the highest Debt-to-Equity Ratio of Ho Bee Land was 0.88. The lowest was 0.35. And the median was 0.66.

SGX:H13's Debt-to-Equity is ranked worse than
53.59% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs SGX:H13: 0.85

Ho Bee Land Debt-to-Equity Historical Data

The historical data trend for Ho Bee Land'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.

Ho Bee Land Debt-to-Equity Chart

Ho Bee Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.68

0.67

0.65

0.88

0.85

Ho Bee Land 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															0.65	0.91	0.88	0.90	0.85

Competitive Comparison of Ho Bee Land's Debt-to-Equity

For the Real Estate - Diversified subindustry, Ho Bee Land'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.

Ho Bee Land's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ho Bee Land's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ho Bee Land's Debt-to-Equity falls into.

Ho Bee Land Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ho Bee Land'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
	=	(479.671	+	2585.013)	/	3595.967
	=	0.85

Ho Bee Land'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
	=	(479.671	+	2585.013)	/	3595.967
	=	0.85

Ho Bee Land (SGX:H13) 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.

Ho Bee Land Debt-to-Equity Related Terms

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Ho Bee Land (SGX:H13) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ho Bee Land Ltd (SGX:H13) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 North Buona Vista Drive, No.11-01 The Metropolis Tower 1, Singapore, SGP, 138588

Website

https://www.hobee.com

Ho Bee Land Ltd is a Singapore-based company that is principally engaged in the property sector. The company's core businesses include property investment and property development, which contains development and trading in properties. The company's property investments consist of commercial property, residential property and industrial property, with commercial property accounting for over half of its property investments. The company is present in Singapore, the United Kingdom, China, Europe and Australia, with over half of its property investments in Singapore. The company currently generates revenue solely from rental income.

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