Kerry Properties (HKSE:00683) Debt-to-Equity : 0.52 (As of Dec. 2023)

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What is Kerry Properties Debt-to-Equity?

Kerry Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$6,680 Mil. Kerry Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$48,535 Mil. Kerry Properties's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$107,257 Mil. Kerry Properties's debt to equity for the quarter that ended in Dec. 2023 was 0.51.

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 Kerry Properties's Debt-to-Equity or its related term are showing as below:

HKSE:00683' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.42 Max: 0.55
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Kerry Properties was 0.55. The lowest was 0.32. And the median was 0.42.

HKSE:00683's Debt-to-Equity is ranked better than
60.84% of 1578 companies
in the Real Estate industry
Industry Median: 0.755 vs HKSE:00683: 0.52

Kerry Properties Debt-to-Equity Historical Data

The historical data trend for Kerry Properties'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.

Kerry Properties Debt-to-Equity Chart

Kerry Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.39

0.41

0.32

0.49

0.52

Kerry Properties 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															0.32	0.51	0.49	0.53	0.52

Competitive Comparison of Kerry Properties's Debt-to-Equity

For the Real Estate - Development subindustry, Kerry Properties'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.

Kerry Properties's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kerry Properties's Debt-to-Equity distribution charts can be found below:

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

Kerry Properties Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kerry Properties'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
	=	(6679.86	+	48535.393)	/	107256.58
	=	0.51

Kerry Properties'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
	=	(6679.86	+	48535.393)	/	107256.58
	=	0.51

Kerry Properties (HKSE:00683) 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.

Kerry Properties Debt-to-Equity Related Terms

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

Kerry Properties (HKSE:00683) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kerry Properties Ltd (HKSE:00683) » Definitions » Debt-to-Equity

Traded in Other Exchanges

KRYPY:USA KRYPF:USA KR3:Germany

Address

683 King’s Road, 25th Floor, Kerry Centre, Quarry Bay, Hong Kong, HKG

Website

https://www.kerryprops.com

Kerry Properties Ltd is Hong Kong-based property developer. The company is engaged in investment holding activity. Through its subsidiaries it engages in property development, investment, and management in Hong Kong, the Mainland, and the Asia Pacific region; hotel ownership in Hong Kong, and hotel ownership and operations in the Mainland; and integrated logistics and international freight forwarding. Substantial revenue is derived from the sale of properties.

Executives

Schroders Plc	2102 Investment manager
Kerry Group Limited	2201 Interest of corporation controlled by you

Kerry Properties (HKSE:00683) Headlines

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