L K Technology Holdings (HKSE:00558) Debt-to-Equity : 0.47 (As of Sep. 2023)

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What is L K Technology Holdings Debt-to-Equity?

L K Technology Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1,541 Mil. L K Technology Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$244 Mil. L K Technology Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$3,831 Mil. L K Technology Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.47.

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

HKSE:00558' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.78 Max: 0.91
Current: 0.47

During the past 13 years, the highest Debt-to-Equity Ratio of L K Technology Holdings was 0.91. The lowest was 0.26. And the median was 0.78.

HKSE:00558's Debt-to-Equity is ranked worse than
63.77% of 2622 companies
in the Industrial Products industry
Industry Median: 0.29 vs HKSE:00558: 0.47

L K Technology Holdings Debt-to-Equity Historical Data

The historical data trend for L K Technology 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.

L K Technology Holdings Debt-to-Equity Chart

L K Technology Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.82

0.91

0.49

0.30

0.43

L K Technology 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															0.26	0.30	0.42	0.43	0.47

Competitive Comparison of L K Technology Holdings's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, L K Technology 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.

L K Technology Holdings's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, L K Technology Holdings's Debt-to-Equity distribution charts can be found below:

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

L K Technology Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

L K Technology 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
	=	(1395.148	+	257.976)	/	3855.716
	=	0.43

L K Technology 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
	=	(1541.303	+	243.745)	/	3831.204
	=	0.47

L K Technology Holdings (HKSE:00558) 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.

L K Technology Holdings Debt-to-Equity Related Terms

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L K Technology Holdings (HKSE:00558) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » L K Technology Holdings Ltd (HKSE:00558) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

L5D:Germany

Address

1-7 Wah Sing Street, Unit A, 8th Floor, Mai Wah Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.lk.world

L K Technology Holdings Ltd is an investment holding company. It is principally engaged in the design, manufacture, and sales of the hot chamber and cold chamber die-casting machines, plastic injection moulding machines, computerized numerical controlled (CNC) machining centers and related accessories. The company's operating segment includes Die-casting machine; Plastic injection moulding machine and CNC machining centre. It generates maximum revenue from the Die-casting machine segment. Geographically, it derives a majority of revenue from Mainland China and also has a presence in Europe, North America, Central America and South America and Other countries.

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