Starlite Holdings (HKSE:00403) Debt-to-Equity : 0.13 (As of Sep. 2023)

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What is Starlite Holdings Debt-to-Equity?

Starlite Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$75.9 Mil. Starlite Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$3.6 Mil. Starlite Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$623.7 Mil. Starlite Holdings's debt to equity for the quarter that ended in Sep. 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 Starlite Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:00403' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.4 Max: 0.85
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Starlite Holdings was 0.85. The lowest was 0.13. And the median was 0.40.

HKSE:00403's Debt-to-Equity is ranked better than
76.72% of 348 companies
in the Packaging & Containers industry
Industry Median: 0.45 vs HKSE:00403: 0.13

Starlite Holdings Debt-to-Equity Historical Data

The historical data trend for Starlite 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.

Starlite Holdings Debt-to-Equity Chart

Starlite Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.46

0.29

0.47

0.22

0.15

Starlite Holdings 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															0.21	0.22	0.19	0.15	0.13

Competitive Comparison of Starlite Holdings's Debt-to-Equity

For the Packaging & Containers subindustry, Starlite 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.

Starlite Holdings's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Starlite Holdings's Debt-to-Equity distribution charts can be found below:

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

Starlite Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Starlite Holdings'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
	=	(88.004	+	5.111)	/	643.374
	=	0.14

Starlite Holdings'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
	=	(75.879	+	3.596)	/	623.738
	=	0.13

Starlite Holdings (HKSE:00403) 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.

Starlite Holdings Debt-to-Equity Related Terms

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Starlite Holdings (HKSE:00403) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Starlite Holdings Ltd (HKSE:00403) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Tai Yau Street, 3rd Floor, Perfect Industrial Building, Sanpokong, Kowloon, Hong Kong, HKG

Website

http://www.hkstarlite.com

Starlite Holdings Ltd is an investment holding company engaged in the printing and manufacturing of packaging materials, labels, and paper products, including environmental-friendly paper products. The group considers business segments from a geographical perspective being the location of factory plants including Southern China, Eastern China, and South East Asia, of which a majority of revenue is derived from Southern China.

Starlite Holdings (HKSE:00403) Headlines

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