Tern Properties Co (HKSE:00277) Debt-to-Equity : 0.02 (As of Sep. 2023)

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What is Tern Properties Co Debt-to-Equity?

Tern Properties Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$2.80 Mil. Tern Properties Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$43.21 Mil. Tern Properties Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$2,593.33 Mil. Tern Properties Co's debt to equity for the quarter that ended in Sep. 2023 was 0.02.

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 Tern Properties Co's Debt-to-Equity or its related term are showing as below:

HKSE:00277' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.1
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Tern Properties Co was 0.10. The lowest was 0.02. And the median was 0.06.

HKSE:00277's Debt-to-Equity is not ranked
in the Real Estate industry.
Industry Median: 0.76 vs HKSE:00277: 0.02

Tern Properties Co Debt-to-Equity Historical Data

The historical data trend for Tern Properties 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.

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Tern Properties Co Debt-to-Equity Chart

Tern Properties Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.07

0.10

0.09

0.02

Tern Properties Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.06	0.02	0.02	0.02	0.02

Competitive Comparison of Tern Properties Co's Debt-to-Equity

For the Real Estate Services subindustry, Tern Properties 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.

Tern Properties Co's Debt-to-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where Tern Properties Co's Debt-to-Equity falls into.

Tern Properties Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tern Properties Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(3.094	+	44.584)	/	2644.295
	=	0.02

Tern Properties Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(2.804	+	43.211)	/	2593.334
	=	0.02

Tern Properties Co (HKSE:00277) 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.

Tern Properties Co Debt-to-Equity Related Terms

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

Tern Properties Co (HKSE:00277) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tern Properties Co Ltd (HKSE:00277) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

237 Queen's Road Central, 26th Floor, Tern Centre, Tower I, Hong Kong, HKG

Website

https://www.tern.hk

Tern Properties Co Ltd is a Hong Kong-based company involved in the Property investment business where the company buys, sells, and leases properties as well as in the Treasury investment business where the company is engaged in investing in debt and equity securities. Geographically, the group principally operates in Hong Kong. The company derives key income from the Property investment business.

Executives

Beyers Investments Limited	2201 Interest of corporation controlled by you
Noranger Company Limited	2101 Beneficial owner
Chan Hoi Sow	2305 Beneficiary of a trust
Chan Loo Kuo Pin	2202 Interest of your spouse
Chan Yan Tin Andrew	2305 Beneficiary of a trust
Chan Yan Lam Alan	2305 Beneficiary of a trust
Chan Yan Wai Emily	2305 Beneficiary of a trust
Chan Yan Mei Mary-ellen
Credit Suisse Trust Limited	2301 Trustee
Global Heritage Group Limited	2201 Interest of corporation controlled by you
Smartprint Development Limited
Evergrade Investments Limited
Builtwin Ltd.	2101 Beneficial owner
Hon Nicholas	2201 Interest of corporation controlled by you

Tern Properties Co (HKSE:00277) Headlines

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