Kingland Group Holdings (HKSE:01751) Debt-to-Equity : 0.88 (As of Dec. 2023)

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What is Kingland Group Holdings Debt-to-Equity?

Kingland Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$16.6 Mil. Kingland Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3.8 Mil. Kingland Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$23.4 Mil. Kingland Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.88.

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

HKSE:01751' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.53 Max: 2.87
Current: 0.88

During the past 10 years, the highest Debt-to-Equity Ratio of Kingland Group Holdings was 2.87. The lowest was 0.05. And the median was 0.53.

HKSE:01751's Debt-to-Equity is ranked worse than
72.81% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:01751: 0.88

Kingland Group Holdings Debt-to-Equity Historical Data

The historical data trend for Kingland Group 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.

Kingland Group Holdings Debt-to-Equity Chart

Kingland Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.15

0.61

1.15

2.87

0.88

Kingland Group Holdings Semi-Annual Data
	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														1.15	1.94	2.87	0.80	0.88

Competitive Comparison of Kingland Group Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, Kingland Group 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.

Kingland Group Holdings's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kingland Group Holdings's Debt-to-Equity distribution charts can be found below:

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

Kingland Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kingland Group 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
	=	(16.633	+	3.845)	/	23.385
	=	0.88

Kingland Group 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
	=	(16.633	+	3.845)	/	23.385
	=	0.88

Kingland Group Holdings (HKSE:01751) 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.

Kingland Group Holdings Debt-to-Equity Related Terms

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

Kingland Group Holdings (HKSE:01751) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kingland Group Holdings Ltd (HKSE:01751) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

209 and 211 Wai Yip Street, Flat B, Ground Floor, Fu Hop Factory Building, Kwun Tong, Hong Kong, HKG

Website

https://www.kinglandgroup.com.hk

Kingland Group Holdings Ltd is the provision of concrete demolition service in Hong Kong and Macau mainly as a subcontractor. Its services are mainly required in the removal of pieces or sections of concrete from concrete structures and the demolition of the entire concrete structures or buildings by applying a variety of methods, such as core drilling, sawing and crushing. Its services are required in many different situations including, among others, addition and alteration works and redevelopment projects in buildings, roads, tunnels and underground facilities. Its customers are main contractors in various types of construction and civil engineering projects in Hong Kong and construction projects in Macau.

Executives

Kwok Shun Tim
Applewood Developments Limited	2101 Beneficial owner
Sino Continent Holdings Limited	2101 Beneficial owner
Supreme Voyage Limited	2101 Beneficial owner
Yip Nga Wan	2202 Interest of your spouse
Chan Yuk Sing	2201 Interest of corporation controlled by you
Cheung Shek On	2201 Interest of corporation controlled by you
Cho Bik Nung	2202 Interest of your spouse
Luk Pui Kei Peggy	2202 Interest of your spouse
China New Economy Fund Limited	2101 Beneficial owner

Kingland Group Holdings (HKSE:01751) Headlines

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