KE Holdings (KE Holdings) Debt-to-Equity : 0.23 (As of Sep. 2023)

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What is KE Holdings Debt-to-Equity?

KE Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1,180 Mil. KE Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1,109 Mil. KE Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $9,847 Mil. KE Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.23.

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

BEKE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.18 Max: 0.46
Current: 0.23

During the past 6 years, the highest Debt-to-Equity Ratio of KE Holdings was 0.46. The lowest was 0.11. And the median was 0.18.

BEKE's Debt-to-Equity is ranked better than
76.7% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs BEKE: 0.23

KE Holdings Debt-to-Equity Historical Data

The historical data trend for KE 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.

KE Holdings Debt-to-Equity Chart

KE Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.40

0.42

0.12

0.11

0.18

KE Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.16	0.18	0.18	0.20	0.23

Competitive Comparison of KE Holdings's Debt-to-Equity

For the Real Estate Services subindustry, KE 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.

KE Holdings's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, KE Holdings's Debt-to-Equity distribution charts can be found below:

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

KE Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

KE Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(802.006	+	946.674)	/	9885.732
	=	0.18

KE 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
	=	(1180.324	+	1108.796)	/	9846.536
	=	0.23

KE Holdings (NYSE:BEKE) 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.

KE Holdings Debt-to-Equity Related Terms

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KE Holdings (KE Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » KE Holdings Inc (NYSE:BEKE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

02423:Hong Kong KE8:Germany

Address

No. 2 Chuangye Road, Oriental Electronic Technology Building, Haidian District, Beijing, CHN, 100086

Website

https://investors.ke.com

KE Holdings, or Beike, is a large residential real estate sales and rental brokerage company in China. Founded in 2001, the company operates through self-owned Lianjia stores in Beijing and Shanghai and connected third-party agencies including franchise brand Deyou in other cities, with commissions charged on existing home and new home transactions. Leveraging an online-offline hybrid model, Beike also attract clients through its namesake online marketplace. The company tapped into home renovation services by acquiring Shengdu Home Decoration in 2022. As at the end of 2022, Beike's cofounders collectively control the company, while Tencent and its affiliates share 8% of voting power.