Regina Miracle International (Holdings) (HKSE:02199) Debt-to-Equity : 1.30 (As of Sep. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Regina Miracle International (Holdings) Debt-to-Equity?

Regina Miracle International (Holdings)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$408 Mil. Regina Miracle International (Holdings)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$3,786 Mil. Regina Miracle International (Holdings)'s Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$3,225 Mil. Regina Miracle International (Holdings)'s debt to equity for the quarter that ended in Sep. 2023 was 1.30.

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 Regina Miracle International (Holdings)'s Debt-to-Equity or its related term are showing as below:

HKSE:02199' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42 Med: 1.16 Max: 1.5
Current: 1.3

During the past 9 years, the highest Debt-to-Equity Ratio of Regina Miracle International (Holdings) was 1.50. The lowest was 0.42. And the median was 1.16.

HKSE:02199's Debt-to-Equity is ranked worse than
82.49% of 931 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs HKSE:02199: 1.30

Regina Miracle International (Holdings) Debt-to-Equity Historical Data

The historical data trend for Regina Miracle 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.

Regina Miracle International (Holdings) Debt-to-Equity Chart

Regina Miracle International (Holdings) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

1.03

1.29

1.47

1.21

1.16

Regina Miracle International (Holdings) Semi-Annual Data
	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														1.33	1.21	1.21	1.16	1.30

Competitive Comparison of Regina Miracle International (Holdings)'s Debt-to-Equity

For the Apparel Manufacturing subindustry, Regina Miracle 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.

Regina Miracle International (Holdings)'s Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Regina Miracle International (Holdings)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Regina Miracle International (Holdings)'s Debt-to-Equity falls into.

Regina Miracle International (Holdings) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Regina Miracle 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
	=	(381.182	+	3737.801)	/	3547.262
	=	1.16

Regina Miracle 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
	=	(407.77	+	3785.871)	/	3224.938
	=	1.30

Regina Miracle International (Holdings) (HKSE:02199) 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.

Regina Miracle International (Holdings) Debt-to-Equity Related Terms

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

Regina Miracle International (Holdings) (HKSE:02199) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Regina Miracle International (Holdings) Ltd (HKSE:02199) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RMT:Germany

Address

63 Wo Yi Hop Road, 10th Floor, Tower A, Regent Centre, Kwai Chung, Hong Kong, HKG

Website

https://www.reginamiracleholdings.com

Regina Miracle International (Holdings) Ltd is an investment holding company. The company's operating segment includes Intimate wear; Sports products; Consumer electronics components; Bra pads and molded products; Footwear and Fabric masks. The company generates maximum revenue from the Intimate wear segment which is engaged in the manufacturing and trading of bras, bra tops, panties, shapewear, and swimwear. Geographically, the company derives a majority of its revenue from the United States.

Executives

Regent Marvel Investment Holdings Limited	2101 Beneficial owner
Choy King Ngor	2202 Interest of your spouse
Hung Yau Lit	2201 Interest of corporation controlled by you
King Terrace Limited	2101 Beneficial owner
Hui Ching Lau	2201 Interest of corporation controlled by you
Yiheng Capital, Llc

Regina Miracle International (Holdings) (HKSE:02199) Headlines

No Headlines