8I Holdings (ASX:8IH) Debt-to-Equity : 0.07 (As of Sep. 2023)

View and export this data going back to 2014. Start your Free Trial

What is 8I Holdings Debt-to-Equity?

8I Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$0.19 Mil. 8I Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$0.88 Mil. 8I Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was A$15.42 Mil. 8I Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.07.

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 8I Holdings's Debt-to-Equity or its related term are showing as below:

ASX:8IH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.28
Current: 0.07

During the past 8 years, the highest Debt-to-Equity Ratio of 8I Holdings was 0.28. The lowest was 0.00. And the median was 0.04.

ASX:8IH's Debt-to-Equity is ranked better than
83.41% of 223 companies
in the Education industry
Industry Median: 0.34 vs ASX:8IH: 0.07

8I Holdings Debt-to-Equity Historical Data

The historical data trend for 8I 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.

8I Holdings Debt-to-Equity Chart

8I Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.04

0.03

0.17

0.28

8I Holdings Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial												0.05	0.17	0.20	0.28	0.07

Competitive Comparison of 8I Holdings's Debt-to-Equity

For the Education & Training Services subindustry, 8I 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.

8I Holdings's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, 8I Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where 8I Holdings's Debt-to-Equity falls into.

8I Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

8I Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(1.237	+	3.963)	/	18.372
	=	0.28

8I Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.189	+	0.883)	/	15.423
	=	0.07

8I Holdings (ASX:8IH) 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.

8I Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of 8I Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

8I Holdings (ASX:8IH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 8I Holdings Ltd (ASX:8IH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1557 Keppel Road, No. 01-01, Singapore, SGP, 089066

Website

https://www.8iholdings.com

8I Holdings Ltd is an investment holding company. The company's operating segments include Financial Education; Financial Investment and Others. The Financial Education segment is involved in providing financial education in the discipline of value investing and supporting a community of value investors from 29 cities globally under the VI brand. It generates maximum revenue from the Financial Education segment. Geographically, it derives a majority of its revenue from Singapore and also has a presence in Malaysia and Other countries.

8I Holdings (ASX:8IH) Headlines

No Headlines