Keck Seng Investments (Hong Kong) (HKSE:00184) Debt-to-Equity : 0.48 (As of Dec. 2023)

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What is Keck Seng Investments (Hong Kong) Debt-to-Equity?

Keck Seng Investments (Hong Kong)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$324 Mil. Keck Seng Investments (Hong Kong)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,165 Mil. Keck Seng Investments (Hong Kong)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$3,118 Mil. Keck Seng Investments (Hong Kong)'s debt to equity for the quarter that ended in Dec. 2023 was 0.48.

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 Keck Seng Investments (Hong Kong)'s Debt-to-Equity or its related term are showing as below:

HKSE:00184' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 0.51 Max: 0.63
Current: 0.48

During the past 13 years, the highest Debt-to-Equity Ratio of Keck Seng Investments (Hong Kong) was 0.63. The lowest was 0.43. And the median was 0.51.

HKSE:00184's Debt-to-Equity is ranked worse than
51.01% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs HKSE:00184: 0.48

Keck Seng Investments (Hong Kong) Debt-to-Equity Historical Data

The historical data trend for Keck Seng Investments (Hong Kong)'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.

Keck Seng Investments (Hong Kong) Debt-to-Equity Chart

Keck Seng Investments (Hong Kong) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.51

0.52

0.55

0.53

0.48

Keck Seng Investments (Hong Kong) 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															0.55	0.54	0.53	0.52	0.48

Competitive Comparison of Keck Seng Investments (Hong Kong)'s Debt-to-Equity

For the Lodging subindustry, Keck Seng Investments (Hong Kong)'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.

Keck Seng Investments (Hong Kong)'s Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Keck Seng Investments (Hong Kong)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Keck Seng Investments (Hong Kong)'s Debt-to-Equity falls into.

Keck Seng Investments (Hong Kong) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Keck Seng Investments (Hong Kong)'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
	=	(324.01	+	1164.907)	/	3118.38
	=	0.48

Keck Seng Investments (Hong Kong)'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
	=	(324.01	+	1164.907)	/	3118.38
	=	0.48

Keck Seng Investments (Hong Kong) (HKSE:00184) 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.

Keck Seng Investments (Hong Kong) Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Keck Seng Investments (Hong Kong)'s Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Keck Seng Investments (Hong Kong) (HKSE:00184) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Keck Seng Investments (Hong Kong) Ltd (HKSE:00184) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KCKSF:USA KEC:Germany

Address

168-200 Connaught Road Central, Room 2902 West Tower, Shun Tak Centre, Central, Hong Kong, HKG

Website

https://www.keckseng.com.hk

Keck Seng Investments (Hong Kong) Ltd is an investment holding company engaged in hotel and club operations, property investment and development and the provision of management services. It has three operating segments: Hotel segment; Property segment and Investment and corporate segment. Majority of the revenue is derived from Hotel segment that is engaged in the businesses of hotel room accommodation, provision of food and beverage at hotel restaurant outlets and operation of slot machines at one of the Group's hotels.

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