Veeko International Holdings (HKSE:01173) Debt-to-Equity : 3.04 (As of Sep. 2023)

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What is Veeko International Holdings Debt-to-Equity?

Veeko International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$473.4 Mil. Veeko International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$72.4 Mil. Veeko International Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$179.7 Mil. Veeko International Holdings's debt to equity for the quarter that ended in Sep. 2023 was 3.04.

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

HKSE:01173' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.43 Max: 3.04
Current: 3.04

During the past 13 years, the highest Debt-to-Equity Ratio of Veeko International Holdings was 3.04. The lowest was 0.12. And the median was 0.43.

HKSE:01173's Debt-to-Equity is ranked worse than
96.36% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs HKSE:01173: 3.04

Veeko International Holdings Debt-to-Equity Historical Data

The historical data trend for Veeko International 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.

Veeko International Holdings Debt-to-Equity Chart

Veeko International Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.42

1.96

2.77

2.40

2.44

Veeko International Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	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															2.83	2.40	2.38	2.44	3.04

Competitive Comparison of Veeko International Holdings's Debt-to-Equity

For the Household & Personal Products subindustry, Veeko International 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.

Veeko International Holdings's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Veeko International Holdings's Debt-to-Equity distribution charts can be found below:

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

Veeko International Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Veeko International 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
	=	(445.201	+	43.476)	/	200.21
	=	2.44

Veeko International 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
	=	(473.374	+	72.427)	/	179.686
	=	3.04

Veeko International Holdings (HKSE:01173) 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.

Veeko International Holdings Debt-to-Equity Related Terms

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Veeko International Holdings (HKSE:01173) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Veeko International Holdings Ltd (HKSE:01173) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

192-200, Tai Lin Pai Road, 10th Floor, Wyler Centre Phase II, New Territories, Kwai Chung, Hong Kong, HKG

Website

https://www.veeko.com.hk

Veeko International Holdings Ltd is an investment holding company principally engaged in the cosmetics and personal care products business. It operates in two business segments. The Cosmetics segment is engaged in the sales of cosmetics under the brand of Colourmix and MORIMOR, including skin-care products, perfumery, make-up, personal care, hairdressing, body care, and cosmeceuticals, as well as health food. The Fashion segment is engaged in the manufacture and sales of ladies' fashion under the brand names of Veeko and Wanko. The cosmetics segment accounts for majority of the firm's revenue. The company generates the majority of the revenue from Hong Kong and Macau.

Executives

Lam Yuk Sum	2305 Beneficiary of a trust
Cheng Chung Man Johnny	2305 Beneficiary of a trust
Hsbc International Trustee Limited	2301 Trustee
Silver Crown Profits Limited	2101 Beneficial owner
Well Feel Group Limited	2201 Interest of corporation controlled by you

Veeko International Holdings (HKSE:01173) Headlines

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