Public Financial Holdings (HKSE:00626) Debt-to-Equity : 0.20 (As of Dec. 2023)

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What is Public Financial Holdings Debt-to-Equity?

Public Financial Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0 Mil. Public Financial Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,709 Mil. Public Financial Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$8,678 Mil. Public Financial Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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 Public Financial Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:00626' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.21 Max: 0.23
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Public Financial Holdings was 0.23. The lowest was 0.19. And the median was 0.21.

HKSE:00626's Debt-to-Equity is ranked better than
82.54% of 1392 companies
in the Banks industry
Industry Median: 0.67 vs HKSE:00626: 0.20

Public Financial Holdings Debt-to-Equity Historical Data

The historical data trend for Public Financial 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.

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Public Financial Holdings Debt-to-Equity Chart

Public Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.21

0.20

0.19

0.20

Public Financial Holdings 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															0.20	0.20	0.19	0.19	0.20

Competitive Comparison of Public Financial Holdings's Debt-to-Equity

For the Banks - Regional subindustry, Public Financial 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.

Public Financial Holdings's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Public Financial Holdings's Debt-to-Equity distribution charts can be found below:

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

Public Financial Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Public Financial Holdings'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	+	1709.1)	/	8678.424
	=	0.20

Public Financial Holdings'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	+	1709.1)	/	8678.424
	=	0.20

Public Financial Holdings (HKSE:00626) 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.

Public Financial Holdings Debt-to-Equity Related Terms

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

Public Financial Holdings (HKSE:00626) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Public Financial Holdings Ltd (HKSE:00626) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 Des Voeux Road Central, 2nd Floor, Public Bank Centre, Hong Kong, HKG

Website

https://www.publicfinancial.com.hk

Public Financial Holdings Ltd is a Hong Kong-based investment and property holding company. It provides financial services. The Company operates through three segments. Retail and Commercial Banking segment includes deposit account services, property mortgages, and consumer lending, hire purchase and leasing, financing services, foreign exchange businesses, centralized cash management for deposit-taking and lending, interest rate risk management, and the overall funding management of the company. Wealth Management Services, Stock Broking and Securities Management segment includes the management of investment in debt securities and equities, the dealing and brokerage of securities, as well as wealth management products and services. Other segment includes trading and leasing taxis.

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