WH Group (HKSE:00288) Debt-to-Equity : 0.38 (As of Dec. 2023)

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What is WH Group Debt-to-Equity?

WH Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$9,411 Mil. WH Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$19,626 Mil. WH Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$76,778 Mil. WH Group's debt to equity for the quarter that ended in Dec. 2023 was 0.38.

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 WH Group's Debt-to-Equity or its related term are showing as below:

HKSE:00288' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.42 Max: 0.92
Current: 0.38

During the past 11 years, the highest Debt-to-Equity Ratio of WH Group was 0.92. The lowest was 0.32. And the median was 0.42.

HKSE:00288's Debt-to-Equity is ranked better than
52.22% of 1641 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs HKSE:00288: 0.38

WH Group Debt-to-Equity Historical Data

The historical data trend for WH Group'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.

WH Group Debt-to-Equity Chart

WH Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.41

0.32

0.52

0.41

0.38

WH Group Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.41	0.41	N/A	0.38

Competitive Comparison of WH Group's Debt-to-Equity

For the Packaged Foods subindustry, WH Group'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.

WH Group's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, WH Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where WH Group's Debt-to-Equity falls into.

WH Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WH Group'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
	=	(9410.809	+	19626.027)	/	76778.144
	=	0.38

WH Group'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
	=	(9410.809	+	19626.027)	/	76778.144
	=	0.38

WH Group (HKSE:00288) 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.

WH Group Debt-to-Equity Related Terms

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

WH Group (HKSE:00288) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » WH Group Ltd (HKSE:00288) » Definitions » Debt-to-Equity

Traded in Other Exchanges

WHGRF:USA WHGLY:USA 0WH:Germany

Address

1 Austin Road West, Unit 7602B-7604A, Level 76, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

https://www.wh-group.com

WH Group, listed on the Hong Kong exchange, is a holding company and the world's largest vertically integrated producer of pork and related packaged meat products. Its revenue is mainly derived from activities undertaken by its China and U.S. operations, which are respectively via 70.3%-owned Henan Shuanghui Investment & Development Co., or Shuanghui, and wholly owned Smithfield Foods Inc. In the U.S., its key packaged meats brands, in which it has an 8% market share, include Nathan's hot dogs, Armour, John Morrell, and Curly's, while in China, products are mainly under the Shuanghui brand, where it also has a 32% market share. We expect the company's operating profit to be split almost equally between the U.S. and China going forward with a small contribution from Europe.

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