Tuan Sing Holdings (SGX:T24) Debt-to-Equity : 1.00 (As of Dec. 2023)

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What is Tuan Sing Holdings Debt-to-Equity?

Tuan Sing Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$402.1 Mil. Tuan Sing Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$827.6 Mil. Tuan Sing Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$1,225.9 Mil. Tuan Sing Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.00.

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

SGX:T24' s Debt-to-Equity Range Over the Past 10 Years
Min: 1 Med: 1.26 Max: 1.68
Current: 1

During the past 13 years, the highest Debt-to-Equity Ratio of Tuan Sing Holdings was 1.68. The lowest was 1.00. And the median was 1.26.

SGX:T24's Debt-to-Equity is ranked worse than
60.19% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs SGX:T24: 1.00

Tuan Sing Holdings Debt-to-Equity Historical Data

The historical data trend for Tuan Sing 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.

Tuan Sing Holdings Debt-to-Equity Chart

Tuan Sing Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.55

1.26

1.08

1.05

1.00

Tuan Sing Holdings 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															1.08	1.07	1.05	0.99	1.00

Competitive Comparison of Tuan Sing Holdings's Debt-to-Equity

For the Real Estate - Diversified subindustry, Tuan Sing 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.

Tuan Sing Holdings's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tuan Sing Holdings's Debt-to-Equity distribution charts can be found below:

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

Tuan Sing Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tuan Sing 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
	=	(402.087	+	827.551)	/	1225.942
	=	1.00

Tuan Sing 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
	=	(402.087	+	827.551)	/	1225.942
	=	1.00

Tuan Sing Holdings (SGX:T24) 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.

Tuan Sing Holdings Debt-to-Equity Related Terms

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

Tuan Sing Holdings (SGX:T24) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tuan Sing Holdings Ltd (SGX:T24) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Oxley Rise, No.03-02 The Oxley, Singapore, SGP, 238697

Website

https://www.tuansing.com

Tuan Sing Holdings Ltd is a regional investment holding company with interests mainly in real estate investment, real estate development, and hospitality. The operating segments of the group are Real Estate Investment; Real Estate Development; Hospitality; Industrial Services and Other Investments. It derives key revenue from the Real estate development segment which involves the property development and provision of construction management services in Singapore and Indonesia. The group has a business presence in Singapore, Australia, China, Malaysia, and Indonesia.

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