Poly Property Group Co (HKSE:00119) Debt-to-Equity : 2.17 (As of Dec. 2023)

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What is Poly Property Group Co Debt-to-Equity?

Poly Property Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$22,745 Mil. Poly Property Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$58,319 Mil. Poly Property Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$37,298 Mil. Poly Property Group Co's debt to equity for the quarter that ended in Dec. 2023 was 2.17.

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 Poly Property Group Co's Debt-to-Equity or its related term are showing as below:

HKSE:00119' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.66 Med: 1.99 Max: 2.45
Current: 2.17

During the past 13 years, the highest Debt-to-Equity Ratio of Poly Property Group Co was 2.45. The lowest was 1.66. And the median was 1.99.

HKSE:00119's Debt-to-Equity is ranked worse than
85.06% of 1586 companies
in the Real Estate industry
Industry Median: 0.755 vs HKSE:00119: 2.17

Poly Property Group Co Debt-to-Equity Historical Data

The historical data trend for Poly Property Group Co'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.

Poly Property Group Co Debt-to-Equity Chart

Poly Property Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.98

2.45

2.21

2.44

2.17

Poly Property Group Co 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	Get a 7-Day Free Trial															2.21	2.48	2.44	2.30	2.17

Competitive Comparison of Poly Property Group Co's Debt-to-Equity

For the Real Estate - Development subindustry, Poly Property Group Co'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.

Poly Property Group Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Poly Property Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Poly Property Group Co's Debt-to-Equity falls into.

Poly Property Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Poly Property Group Co'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
	=	(22744.788	+	58319.206)	/	37298.155
	=	2.17

Poly Property Group Co'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
	=	(22744.788	+	58319.206)	/	37298.155
	=	2.17

Poly Property Group Co (HKSE:00119) 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.

Poly Property Group Co Debt-to-Equity Related Terms

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Poly Property Group Co (HKSE:00119) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Poly Property Group Co Ltd (HKSE:00119) » Definitions » Debt-to-Equity

Traded in Other Exchanges

PHKIF:USA

Address

18 Harcourt Road, Room 2503, Admiralty Centre, Tower 1, Hong Kong, HKG

Website

https://www.polyhongkong.com

Poly Property Group Co Ltd is a real estate company. The company is organized into four segments; Property Development, Property Investment, Hotel Operations, and Others. The Property Development segment is its major focus area and accounts for most of the company's revenues. The property Investment and Management segment is engaged in property investment and management. The Hotel Operations segment deals with hotel and restaurant businesses and the Other Operations segment is engaged in the manufacture and sales of digital discs and others.

Executives

Poly (hong Kong) Holdings Limited	2501 Other
Source Holdings Limited	2501 Other
Zhong Guo Bao Li Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Bao Li Fa Zhan Kong Gu Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

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