GME Group Holdings (HKSE:08188) Debt-to-Equity : 0.55 (As of Dec. 2023)

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What is GME Group Holdings Debt-to-Equity?

GME Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$69.0 Mil. GME Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3.2 Mil. GME Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$130.7 Mil. GME Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.55.

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

HKSE:08188' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.1 Max: 0.6
Current: 0.55

During the past 10 years, the highest Debt-to-Equity Ratio of GME Group Holdings was 0.60. The lowest was 0.00. And the median was 0.10.

HKSE:08188's Debt-to-Equity is ranked worse than
56.62% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:08188: 0.55

GME Group Holdings Debt-to-Equity Historical Data

The historical data trend for GME 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.

GME Group Holdings Debt-to-Equity Chart

GME Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.10

0.32

0.60

0.55

GME Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.60	N/A	1.12	N/A	0.55

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

For the Engineering & Construction subindustry, GME 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.

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

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

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

GME Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GME 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
	=	(68.957	+	3.167)	/	130.687
	=	0.55

GME 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
	=	(68.957	+	3.167)	/	130.687
	=	0.55

GME Group Holdings (HKSE:08188) 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.

GME Group Holdings Debt-to-Equity Related Terms

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

GME Group Holdings (HKSE:08188) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GME Group Holdings Ltd (HKSE:08188) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

148 Electric Road, Room 1001-2, 10th Floor, Hong Kong, HKG

Website

https://www.gmehk.com

GME Group Holdings Ltd along with its subsidiaries is engaged in providing underground construction services in Hong Kong. Tunnel construction services include excavation, shortening, shutter design and fabrication, tunnel lining services, shafts, advanced and structural works; and utility construction that includes mainly underground public utility works such as road and drainage works and others that include mainly structural works and construction of service buildings and support structure. It also provides program design, costing, and management for underground construction services. It derives all of its revenue from Hong Kong.

Executives

Ng Kwok Lun	2101 Beneficial owner
Chuang Chun Ngok Boris	2103 Interests held jointly with another person
Chuang Wei Chu	2103 Interests held jointly with another person
Chuang Yau Ka	2103 Interests held jointly with another person
To Yin Ping	2101 Beneficial owner

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