Smart-Core Holdings (HKSE:02166) Debt-to-Equity : 0.54 (As of Dec. 2023)

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What is Smart-Core Holdings Debt-to-Equity?

Smart-Core Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$479 Mil. Smart-Core Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5 Mil. Smart-Core Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$905 Mil. Smart-Core Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.54.

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

HKSE:02166' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.88 Max: 2.07
Current: 0.54

During the past 11 years, the highest Debt-to-Equity Ratio of Smart-Core Holdings was 2.07. The lowest was 0.00. And the median was 0.88.

HKSE:02166's Debt-to-Equity is ranked worse than
69.54% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs HKSE:02166: 0.54

Smart-Core Holdings Debt-to-Equity Historical Data

The historical data trend for Smart-Core 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.

Smart-Core Holdings Debt-to-Equity Chart

Smart-Core Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.79

1.20

2.07

1.21

0.54

Smart-Core Holdings Semi-Annual Data
	Dec13	Dec14	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														2.07	1.76	1.21	1.21	0.54

Competitive Comparison of Smart-Core Holdings's Debt-to-Equity

For the Electronics & Computer Distribution subindustry, Smart-Core 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.

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

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

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

Smart-Core Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Smart-Core 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
	=	(478.997	+	5.467)	/	904.738
	=	0.54

Smart-Core 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
	=	(478.997	+	5.467)	/	904.738
	=	0.54

Smart-Core Holdings (HKSE:02166) 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.

Smart-Core Holdings Debt-to-Equity Related Terms

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

Smart-Core Holdings (HKSE:02166) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Smart-Core Holdings Ltd (HKSE:02166) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

70 Ta Chuen Ping Street, 15th Floor, Tower B, Regent Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.smart-core.com.hk

Smart-Core Holdings Ltd is a distributor of integrated circuit and other electronic components and technology value-added service provider covering multiple market segments such as televisions (TV), optoelectronic displays, smart terminals, memory, security monitoring, communication products, Internet of Things (IoT), optical communications. Its service networks cover majority regions in Mainland China and Southeast Asia, providing diversified supply chain services of semiconductor chips and various electronic components for customers in the electronics industry, as well as corresponding technical solutions, technical support and software services. Its segments include Authorised distribution and Independent distribution.

Executives

Insight Limited	2101 Beneficial owner
Liu Hongbing	2101 Beneficial owner
Wong Tsz Leung	2201 Interest of corporation controlled by you
Smart Ic Limited
Tian Weidong

Smart-Core Holdings (HKSE:02166) Headlines

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