Lai Sun Garment (International) (HKSE:00191) Debt-to-Equity : 1.67 (As of Jan. 2024)

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What is Lai Sun Garment (International) Debt-to-Equity?

Lai Sun Garment (International)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was HK$2,658 Mil. Lai Sun Garment (International)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was HK$25,949 Mil. Lai Sun Garment (International)'s Total Stockholders Equity for the quarter that ended in Jan. 2024 was HK$17,103 Mil. Lai Sun Garment (International)'s debt to equity for the quarter that ended in Jan. 2024 was 1.67.

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 Lai Sun Garment (International)'s Debt-to-Equity or its related term are showing as below:

HKSE:00191' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54 Med: 0.9 Max: 1.67
Current: 1.67

During the past 13 years, the highest Debt-to-Equity Ratio of Lai Sun Garment (International) was 1.67. The lowest was 0.54. And the median was 0.90.

HKSE:00191's Debt-to-Equity is ranked worse than
77.07% of 1583 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:00191: 1.67

Lai Sun Garment (International) Debt-to-Equity Historical Data

The historical data trend for Lai Sun Garment (International)'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.

Lai Sun Garment (International) Debt-to-Equity Chart

Lai Sun Garment (International) Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

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0.90

1.11

1.34

1.58

1.53

Lai Sun Garment (International) Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															1.44	1.58	1.50	1.53	1.67

Competitive Comparison of Lai Sun Garment (International)'s Debt-to-Equity

For the Real Estate - Diversified subindustry, Lai Sun Garment (International)'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.

Lai Sun Garment (International)'s Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lai Sun Garment (International)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lai Sun Garment (International)'s Debt-to-Equity falls into.

Lai Sun Garment (International) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lai Sun Garment (International)'s Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(6292.945	+	21699.327)	/	18290.718
	=	1.53

Lai Sun Garment (International)'s Debt to Equity Ratio for the quarter that ended in Jan. 2024 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
	=	(2657.579	+	25948.854)	/	17102.573
	=	1.67

Lai Sun Garment (International) (HKSE:00191) 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.

Lai Sun Garment (International) Debt-to-Equity Related Terms

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Lai Sun Garment (International) (HKSE:00191) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lai Sun Garment (International) Ltd (HKSE:00191) » Definitions » Debt-to-Equity

Traded in Other Exchanges

LSIHF:USA LAI3:Germany

Address

680 Cheung Sha Wan Road, 11th Floor, Lai Sun Commercial Centre, Kowloon, Hong Kong, HKG

Website

https://www.laisun.com

Lai Sun Garment (International) Ltd is a real estate company. The company's principal activities include property development and investment in Hong Kong, Mainland China, and overseas as well as investment in and operation of hotels and restaurants and investment holding. The company operates through nine segments namely, Property development and sales; Property investment; Hotel operation; Restaurant operation; Media and entertainment; Film and TV program segment; Cinema operation; Theme park operation, and Others. It generates the majority of its revenue from the Property development and sales segment.

Executives

Yu Cheuk Yi	2103 Interests held jointly with another person
Yu Siu Yuk	2103 Interests held jointly with another person
Haitong International Holdings Limited	2201 Interest of corporation controlled by you
Haitong International Securities Group Limited	2201 Interest of corporation controlled by you
Haitong Securities Co., Ltd.	2201 Interest of corporation controlled by you
Wisdoman Limited
Lam Kin Ngok Peter	2101 Beneficial owner
Haitong International Securities Company Limited	2105 Underwriter

Lai Sun Garment (International) (HKSE:00191) Headlines

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