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Dah Sing Financial Holdings (HKSE:00440) Debt-to-Equity

: 0.14 (As of Jun. 2023)
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Dah Sing Financial Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0 Mil. Dah Sing Financial Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$4,305 Mil. Dah Sing Financial Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$30,499 Mil. Dah Sing Financial Holdings's debt to equity for the quarter that ended in Jun. 2023 was 0.14.

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

HKSE:00440' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14   Med: 0.22   Max: 0.33
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Dah Sing Financial Holdings was 0.33. The lowest was 0.14. And the median was 0.22.

HKSE:00440's Debt-to-Equity is ranked better than
82.47% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs HKSE:00440: 0.20

Dah Sing Financial Holdings Debt-to-Equity Historical Data

The historical data trend for Dah Sing Financial 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.

Dah Sing Financial Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.16 0.16 0.15 0.20

Dah Sing Financial Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.15 0.15 0.14 0.20

Competitive Comparison

For the Banks - Regional subindustry, Dah Sing Financial 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.


Dah Sing Financial Holdings Debt-to-Equity Distribution

For the Banks industry and Financial Services sector, Dah Sing Financial Holdings's Debt-to-Equity distribution charts can be found below:

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



Dah Sing Financial Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dah Sing Financial Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dah Sing Financial Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

* 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.


Dah Sing Financial Holdings  (HKSE:00440) 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.


Dah Sing Financial Holdings Debt-to-Equity Related Terms

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


Dah Sing Financial Holdings (HKSE:00440) Business Description

Traded in Other Exchanges
Address
248 Queen’s Road East, 26th Floor, Dah Sing Financial Centre, Hong Kong, HKG
Dah Sing Financial Holdings Ltd is an investment holding company. It operates in six segments: Personal banking, Commercial banking, Treasury activities, Overseas banking, Insurance business, and Others. The Personal Banking segment deals in deposits from individual customers, the extension of residential mortgage lending, personal loans, insurance, and investment services. The commercial banking segment provides similar services to institutional customers and organizations. The Treasury segment provides foreign exchange services and centralized cash management for deposit-taking & lending, interest rate risk management, management of investment in securities, and the overall funding. Overseas banking businesses include personal banking, commercial banking business activities.

Dah Sing Financial Holdings (HKSE:00440) Headlines

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