VSTECS Holdings (HKSE:00856) Debt-to-Equity : 1.03 (As of Dec. 2023)

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What is VSTECS Holdings Debt-to-Equity?

VSTECS Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$8,233 Mil. VSTECS Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$209 Mil. VSTECS Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$8,223 Mil. VSTECS Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.03.

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

HKSE:00856' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.83 Med: 1.11 Max: 1.54
Current: 1.03

During the past 13 years, the highest Debt-to-Equity Ratio of VSTECS Holdings was 1.54. The lowest was 0.83. And the median was 1.11.

HKSE:00856's Debt-to-Equity is ranked worse than
87% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs HKSE:00856: 1.03

VSTECS Holdings Debt-to-Equity Historical Data

The historical data trend for VSTECS 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.

VSTECS Holdings Debt-to-Equity Chart

VSTECS Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.46

1.03

0.83

1.13

1.03

VSTECS 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															0.83	1.14	1.13	1.10	1.03

Competitive Comparison of VSTECS Holdings's Debt-to-Equity

For the Electronics & Computer Distribution subindustry, VSTECS 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.

VSTECS Holdings's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, VSTECS Holdings's Debt-to-Equity distribution charts can be found below:

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

VSTECS Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VSTECS 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
	=	(8233.351	+	209.014)	/	8222.836
	=	1.03

VSTECS 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
	=	(8233.351	+	209.014)	/	8222.836
	=	1.03

VSTECS Holdings (HKSE:00856) 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.

VSTECS Holdings Debt-to-Equity Related Terms

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

VSTECS Holdings (HKSE:00856) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » VSTECS Holdings Ltd (HKSE:00856) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Connaught Road Central, Unit 3312, 33th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

http://www.vstecs.com

VSTECS Holdings Ltd is an investment holding company engaged in the development of information technology (IT) product channels and the provision of technical solution integration services. Its business segment consists of Consumer electronics, which provides finished IT products; Enterprise systems, which provides enterprise system tools (middleware, operating systems, Unix/NT servers, databases, and storage) for IT infrastructure and IT infrastructure design and implementation, training, maintenance, and support services; and Cloud computing. Majority of revenue is generated from enterprise system segment. Its geographical segments are North Asia and South East Asia.

Executives

Li Jialin
Liu Li
Fmr Llc	2201 Interest of corporation controlled by you
Fidelity Puritan Trust	2101 Beneficial owner
Zhong Guo Jin Chu Kou Yin Hang Shen Zhen Fen Hang	2106 Person having a security interest in shares
Shen Zhen Shi Tou Zi Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui	2201 Interest of corporation controlled by you

VSTECS Holdings (HKSE:00856) Headlines

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