Shun Tak Holdings (HKSE:00242) Debt-to-Equity : 0.50 (As of Dec. 2023)

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What is Shun Tak Holdings Debt-to-Equity?

Shun Tak Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4,061 Mil. Shun Tak Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$11,631 Mil. Shun Tak Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$31,715 Mil. Shun Tak Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.49.

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

HKSE:00242' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 0.5 Max: 0.6
Current: 0.5

During the past 13 years, the highest Debt-to-Equity Ratio of Shun Tak Holdings was 0.60. The lowest was 0.45. And the median was 0.50.

HKSE:00242's Debt-to-Equity is ranked better than
61.18% of 1587 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:00242: 0.50

Shun Tak Holdings Debt-to-Equity Historical Data

The historical data trend for Shun Tak 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.

Shun Tak Holdings Debt-to-Equity Chart

Shun Tak Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.55

0.52

0.51

0.48

0.50

Shun Tak 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	Get a 7-Day Free Trial															0.51	0.54	0.48	0.52	0.50

Competitive Comparison of Shun Tak Holdings's Debt-to-Equity

For the Real Estate - Diversified subindustry, Shun Tak 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.

Shun Tak Holdings's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shun Tak Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shun Tak Holdings's Debt-to-Equity falls into.

Shun Tak Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shun Tak Holdings'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
	=	(4061.032	+	11631.406)	/	31715.234
	=	0.49

Shun Tak Holdings'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
	=	(4061.032	+	11631.406)	/	31715.234
	=	0.49

Shun Tak Holdings (HKSE:00242) 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 Tak Holdings Debt-to-Equity Related Terms

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Shun Tak Holdings (HKSE:00242) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shun Tak Holdings Ltd (HKSE:00242) » Definitions » Debt-to-Equity

Traded in Other Exchanges

SHTGF:USA XUN:Germany

Address

200 Connaught Road Central, Penthouse 39th Floor, West Tower, Shun Tak Centre, Hong Kong, HKG

Website

https://www.shuntakgroup.com

Shun Tak Holdings Ltd is a provider of multiple lines of services predominantly in Macau. Its main business is that of property development, contributing the majority of its revenue. Shun Tak's property segment covers commercial, residential, and retail property spaces. It operates through the following business segments: Property, Transportation, Hospitality, and Investment. The Property segment includes property development and sales, leasing, and management services. The Transportation segment provides passenger transportation services. The Hospitality segment performs hotel operations, hotel management, and travel agency services. The Investment segment involves investment holding and others.

Shun Tak Holdings (HKSE:00242) Headlines

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