Orient Overseas (International) (HKSE:00316) Debt-to-Equity : 0.13 (As of Dec. 2023)

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What is Orient Overseas (International) Debt-to-Equity?

Orient Overseas (International)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4,052 Mil. Orient Overseas (International)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$7,180 Mil. Orient Overseas (International)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$87,525 Mil. Orient Overseas (International)'s debt to equity for the quarter that ended in Dec. 2023 was 0.13.

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 Orient Overseas (International)'s Debt-to-Equity or its related term are showing as below:

HKSE:00316' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.83 Max: 0.97
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Orient Overseas (International) was 0.97. The lowest was 0.13. And the median was 0.83.

HKSE:00316's Debt-to-Equity is ranked better than
84.89% of 880 companies
in the Transportation industry
Industry Median: 0.55 vs HKSE:00316: 0.13

Orient Overseas (International) Debt-to-Equity Historical Data

The historical data trend for Orient Overseas (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.

Orient Overseas (International) Debt-to-Equity Chart

Orient Overseas (International) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.81

0.54

0.28

0.16

0.13

Orient Overseas (International) 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															0.28	0.20	0.16	0.14	0.13

Competitive Comparison of Orient Overseas (International)'s Debt-to-Equity

For the Marine Shipping subindustry, Orient Overseas (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.

Orient Overseas (International)'s Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Orient Overseas (International)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Orient Overseas (International)'s Debt-to-Equity falls into.

Orient Overseas (International) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Orient Overseas (International)'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
	=	(4052.255	+	7180.096)	/	87525.178
	=	0.13

Orient Overseas (International)'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
	=	(4052.255	+	7180.096)	/	87525.178
	=	0.13

Orient Overseas (International) (HKSE:00316) 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.

Orient Overseas (International) Debt-to-Equity Related Terms

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Orient Overseas (International) (HKSE:00316) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Orient Overseas (International) Ltd (HKSE:00316) » Definitions » Debt-to-Equity

Traded in Other Exchanges

OROVY:USA OROVF:USA ORI1:Germany

Address

25 Harbour Road, 31st Floor, Harbour Centre, Wanchai, Hong Kong, HKG

Website

https://www.ooilgroup.com

Orient Overseas (International) Ltd is engaged in container transport and logistics. Container transport and logistics include containerized shipping services in majorly trade lanes, covering Trans-Pacific, Trans-Atlantic, Asia/Europe, Asia/Australia, and Intra-Asia trades, and integrated services over the management and control of effective storage and flow of goods. Revenue comprises gross freight income, charter hire, service, and other income from the operation of the container transport and logistics and rental income from the investment property.

Orient Overseas (International) (HKSE:00316) Headlines

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