World Houseware holdings (HKSE:00713) Debt-to-Equity : 0.04 (As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

What is World Houseware holdings Debt-to-Equity?

World Houseware holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$19.4 Mil. World Houseware holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$42.0 Mil. World Houseware holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,451.4 Mil. World Houseware holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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 World Houseware holdings's Debt-to-Equity or its related term are showing as below:

HKSE:00713' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.13 Max: 0.46
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of World Houseware holdings was 0.46. The lowest was 0.04. And the median was 0.13.

HKSE:00713's Debt-to-Equity is ranked better than
90.76% of 1515 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:00713: 0.04

World Houseware holdings Debt-to-Equity Historical Data

The historical data trend for World Houseware 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.

World Houseware holdings Debt-to-Equity Chart

World Houseware holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.13

0.11

0.07

0.04

World Houseware 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															0.11	0.12	0.07	0.07	0.04

Competitive Comparison of World Houseware holdings's Debt-to-Equity

For the Building Products & Equipment subindustry, World Houseware 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.

World Houseware holdings's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, World Houseware holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where World Houseware holdings's Debt-to-Equity falls into.

World Houseware holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

World Houseware 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
	=	(19.408	+	41.978)	/	1451.396
	=	0.04

World Houseware 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
	=	(19.408	+	41.978)	/	1451.396
	=	0.04

World Houseware holdings (HKSE:00713) 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.

World Houseware holdings Debt-to-Equity Related Terms

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

World Houseware holdings (HKSE:00713) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » World Houseware holdings (HKSE:00713) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

16-18 Wah Sing Street, Flat C, 18th Floor, Bold Win Industrial Building, New Territories, Kwai Chung, Hong Kong, HKG

Website

http://www.worldhse.com

World Houseware holdings is an investment holding company. The company, along with its subsidiaries, operates in three segments. Its Household products segment is engaged in the manufacturing and distribution of household products, the PVC pipes and fittings segment manufactures and distributes PVC pipes and fittings, and the Property investment segment includes investment in properties. The firm generates a majority of its revenue from the PVC pipes and fittings segment.

World Houseware holdings (HKSE:00713) Headlines

No Headlines