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Flydoo Technology Holding (HKSE:08069) Debt-to-Equity : 0.21 (As of Sep. 2023)


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What is Flydoo Technology Holding Debt-to-Equity?

Flydoo Technology Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$6.5 Mil. Flydoo Technology Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$6.7 Mil. Flydoo Technology Holding's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$63.8 Mil. Flydoo Technology Holding's debt to equity for the quarter that ended in Sep. 2023 was 0.21.

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 Flydoo Technology Holding's Debt-to-Equity or its related term are showing as below:

HKSE:08069' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.18   Max: 2.54
Current: 0.21

During the past 9 years, the highest Debt-to-Equity Ratio of Flydoo Technology Holding was 2.54. The lowest was 0.00. And the median was 0.18.

HKSE:08069's Debt-to-Equity is ranked better than
69.94% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs HKSE:08069: 0.21

Flydoo Technology Holding Debt-to-Equity Historical Data

The historical data trend for Flydoo Technology 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.

Flydoo Technology Holding Debt-to-Equity Chart

Flydoo Technology Holding Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only - 0.18 0.41 2.54 0.38

Flydoo Technology Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.41 N/A 0.38 N/A 0.21

Competitive Comparison of Flydoo Technology Holding's Debt-to-Equity

For the Travel Services subindustry, Flydoo Technology 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.


Flydoo Technology Holding's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Flydoo Technology Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Flydoo Technology Holding's Debt-to-Equity falls into.



Flydoo Technology Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Flydoo Technology Holding's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Flydoo Technology Holding's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Flydoo Technology Holding  (HKSE:08069) 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.


Flydoo Technology Holding Debt-to-Equity Related Terms

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Flydoo Technology Holding (HKSE:08069) Business Description

Traded in Other Exchanges
N/A
Address
28 Canton Road, Unit 706-8, 7th Floor, Lippo Sun Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Flydoo Technology Holding Ltd is a travel agency in Hong Kong. It designs, develops and sells package tour and adjacent products such as air tickets and hotel accommodations.
Executives
Chan Suk Mei 2201 Interest of corporation controlled by you
Yuen Sze Keung 2201 Interest of corporation controlled by you
Zong Heng You Tou Zi Kong Gu You Xian Gong Si 2101 Beneficial owner

Flydoo Technology Holding (HKSE:08069) Headlines

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