Shun Ho Property Investments (HKSE:00219) Debt-to-Equity : 0.14 (As of Dec. 2023)

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What is Shun Ho Property Investments Debt-to-Equity?

Shun Ho Property Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$131.4 Mil. Shun Ho Property Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$892.0 Mil. Shun Ho Property Investments's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$7,336.8 Mil. Shun Ho Property Investments's debt to equity for the quarter that ended in Dec. 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 Shun Ho Property Investments's Debt-to-Equity or its related term are showing as below:

HKSE:00219' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.14 Max: 0.26
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of Shun Ho Property Investments was 0.26. The lowest was 0.10. And the median was 0.14.

HKSE:00219's Debt-to-Equity is ranked better than
77.89% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs HKSE:00219: 0.14

Shun Ho Property Investments Debt-to-Equity Historical Data

The historical data trend for Shun Ho Property Investments'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.

Shun Ho Property Investments Debt-to-Equity Chart

Shun Ho Property Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.13

0.12

0.11

0.14

Shun Ho Property Investments 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															0.11	0.11	0.14	0.14	0.14

Competitive Comparison of Shun Ho Property Investments's Debt-to-Equity

For the Lodging subindustry, Shun Ho Property Investments'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.

Shun Ho Property Investments's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shun Ho Property Investments's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shun Ho Property Investments's Debt-to-Equity falls into.

Shun Ho Property Investments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shun Ho Property Investments'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
	=	(131.448	+	891.971)	/	7336.798
	=	0.14

Shun Ho Property Investments'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
	=	(131.448	+	891.971)	/	7336.798
	=	0.14

Shun Ho Property Investments (HKSE:00219) 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.

Shun Ho Property Investments Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Shun Ho Property Investments's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Shun Ho Property Investments (HKSE:00219) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shun Ho Property Investments Ltd (HKSE:00219) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

24-30 Ice House Street, 3rd Floor, Shun Ho Tower, Central, Hong Kong, HKG

Website

http://www.shunho.com.hk/shpi/index.html

Shun Ho Property Investments Ltd is a Hong Kong-based company principally engaged in hotel businesses. It operates through three segments Hospitality Services, Property Investment and Securities Investment. The company looks into the operation of Best Western Plus Hotel Kowloon, Best Western Plus Hotel Hong Kong, Magnificent International Hotel, Shanghai, Best Western Hotel Causeway Bay, Ramada Hong Kong Harbour View, Ramada Hong Kong Grand, Grand City Hotel, Ramada Hong Kong Grand View, 633 King's Road, Shun Ho Tower, and Shops, hotel and residential properties. The group derives revenue from Hong Kong and the PRC, of which prime revenue is derived from Hong Kong.

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