Giordano International (HKSE:00709) Debt-to-Equity : 0.32 (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

What is Giordano International Debt-to-Equity?

Giordano International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$359 Mil. Giordano International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$337 Mil. Giordano International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$2,189 Mil. Giordano International's debt to equity for the quarter that ended in Dec. 2023 was 0.32.

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

HKSE:00709' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.29 Max: 0.52
Current: 0.32

During the past 13 years, the highest Debt-to-Equity Ratio of Giordano International was 0.52. The lowest was 0.10. And the median was 0.29.

HKSE:00709's Debt-to-Equity is ranked better than
67.93% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs HKSE:00709: 0.32

Giordano International Debt-to-Equity Historical Data

The historical data trend for Giordano International'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.

Giordano International Debt-to-Equity Chart

Giordano International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.52

0.37

0.34

0.27

0.32

Giordano International 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															0.34	0.30	0.27	0.27	0.32

Competitive Comparison of Giordano International's Debt-to-Equity

For the Apparel Retail subindustry, Giordano International'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.

Giordano International's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Giordano International's Debt-to-Equity distribution charts can be found below:

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

Giordano International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Giordano International'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
	=	(359	+	337)	/	2189
	=	0.32

Giordano International'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
	=	(359	+	337)	/	2189
	=	0.32

Giordano International (HKSE:00709) 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.

Giordano International Debt-to-Equity Related Terms

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

Giordano International (HKSE:00709) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Giordano International Ltd (HKSE:00709) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GRDZF:USA GIO:Germany

Address

777-779 Cheung Sha Wan Road, 5th Floor, Tin On Industrial Building, Kowloon, Hong Kong, HKG

Website

http://www.giordano.com.hk

Giordano International Ltd is an apparel manufacturer and retailer with thousands of stores in the Asia-Pacific region. Giordano's has both self-operated and franchised stores. Giordano's sales are similarly dispersed through the following regions: Mainland China, Hong Kong and Taiwan, and Rest of Asia-Pacific. The company also generates significant sales in the Middle East. The Giordano brand, encompassing Giordano Men, Giordano Women, and Giordano Junior, generates the vast majority of the company's sales, mostly through Giordano Men. Other brands include Giordano Ladies, BSX, Beau Monde, and Eula.

Giordano International (HKSE:00709) Headlines

No Headlines