Planetree International Development (HKSE:00613) Debt-to-Equity : 0.15 (As of Dec. 2023)

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What is Planetree International Development Debt-to-Equity?

Planetree International Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.00 Mil. Planetree International Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$243.00 Mil. Planetree International Development's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,615.66 Mil. Planetree International Development's debt to equity for the quarter that ended in Dec. 2023 was 0.15.

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 Planetree International Development's Debt-to-Equity or its related term are showing as below:

HKSE:00613' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.11 Max: 0.16
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Planetree International Development was 0.16. The lowest was 0.00. And the median was 0.11.

HKSE:00613's Debt-to-Equity is ranked better than
63.79% of 602 companies
in the Capital Markets industry
Industry Median: 0.355 vs HKSE:00613: 0.15

Planetree International Development Debt-to-Equity Historical Data

The historical data trend for Planetree International Development'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.

Planetree International Development Debt-to-Equity Chart

Planetree International Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.11

0.16

0.15

Planetree International Development 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															0.16	0.15	0.15	0.15	0.15

Competitive Comparison of Planetree International Development's Debt-to-Equity

For the Capital Markets subindustry, Planetree International Development'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.

Planetree International Development's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Planetree International Development's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Planetree International Development's Debt-to-Equity falls into.

Planetree International Development Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Planetree International Development'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
	=	(0	+	242.995)	/	1615.664
	=	0.15

Planetree International Development'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
	=	(0	+	242.995)	/	1615.664
	=	0.15

Planetree International Development (HKSE:00613) 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.

Planetree International Development Debt-to-Equity Related Terms

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

Planetree International Development (HKSE:00613) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Planetree International Development Ltd (HKSE:00613) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Marble Road, North Point, 8th Floor, China United Centre, Hong Kong, HKG

Website

https://www.planetreeintl.com

Planetree International Development Ltd is a Hong Kong-based investment holding company engaged in diversified businesses. Its segments are Financial services; Credit and lending services; Other financial services segment; Property investment and leasing segment; and Tactical and strategic investment segment. It derives the majority of its revenue from the Financial Services segment which engages in the provision of dealing in securities, margin financing services, dealing in futures contracts, advising on corporate finance, and asset management services with Type 1, Type 2, Type 6, Type 8 and Type 9 licenses granted under the SFO.

Executives

Future Capital Group Limited	2101 Beneficial owner
Lo Ki Yan Karen	2201 Interest of corporation controlled by you

Planetree International Development (HKSE:00613) Headlines

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