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Sun Hung Kai Properties (Sun Hung Kai Properties) Debt-to-Equity : 0.23 (As of Dec. 2023)


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What is Sun Hung Kai Properties Debt-to-Equity?

Sun Hung Kai Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,786 Mil. Sun Hung Kai Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $14,780 Mil. Sun Hung Kai Properties's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $77,125 Mil. Sun Hung Kai Properties's debt to equity for the quarter that ended in Dec. 2023 was 0.23.

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 Sun Hung Kai Properties's Debt-to-Equity or its related term are showing as below:

SUHJY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.19   Max: 0.23
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Sun Hung Kai Properties was 0.23. The lowest was 0.13. And the median was 0.19.

SUHJY's Debt-to-Equity is ranked better than
76.7% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs SUHJY: 0.23

Sun Hung Kai Properties Debt-to-Equity Historical Data

The historical data trend for Sun Hung Kai Properties'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.

Sun Hung Kai Properties Debt-to-Equity Chart

Sun Hung Kai Properties Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.20 0.20 0.21 0.21

Sun Hung Kai Properties 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.21 0.22 0.21 0.23

Competitive Comparison of Sun Hung Kai Properties's Debt-to-Equity

For the Real Estate - Development subindustry, Sun Hung Kai Properties'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.


Sun Hung Kai Properties's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sun Hung Kai Properties's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sun Hung Kai Properties's Debt-to-Equity falls into.



Sun Hung Kai Properties Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sun Hung Kai Properties's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Sun Hung Kai Properties's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Sun Hung Kai Properties  (OTCPK:SUHJY) 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.


Sun Hung Kai Properties Debt-to-Equity Related Terms

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


Sun Hung Kai Properties (Sun Hung Kai Properties) Business Description

Traded in Other Exchanges
Address
30 Harbour Road, 45th Floor, Sun Hung Kai Centre, Hong Kong, HKG
Sun Hung Kai Properties is a diversified real estate developer in Hong Kong with a core focus on the residential, retail and office real estate segment. Most of its business is based in Hong Kong where it is a leading private housing developer and holds a portfolio of high-quality retail and office assets for rental income. The company also invests in other listed entities, including telecommunication company, SmarTone and data center provider, SUNeVision. The Kwok family is the controlling shareholder, with a stake of more than 40%.

Sun Hung Kai Properties (Sun Hung Kai Properties) Headlines

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