Tai United Holdings (HKSE:00718) Debt-to-Equity : -3.85 (As of Jun. 2023)

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What is Tai United Holdings Debt-to-Equity?

Tai United Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$1,668.4 Mil. Tai United Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0.6 Mil. Tai United Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$-433.2 Mil. Tai United Holdings's debt to equity for the quarter that ended in Jun. 2023 was -3.85.

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

HKSE:00718' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.85 Med: 0.4 Max: 7.91
Current: -3.85

During the past 13 years, the highest Debt-to-Equity Ratio of Tai United Holdings was 7.91. The lowest was -3.85. And the median was 0.40.

HKSE:00718's Debt-to-Equity is not ranked
in the Medical Distribution industry.
Industry Median: 0.29 vs HKSE:00718: -3.85

Tai United Holdings Debt-to-Equity Historical Data

The historical data trend for Tai United 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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Tai United Holdings Debt-to-Equity Chart

Tai United Holdings Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.16

0.20

0.12

1.12

7.91

Tai United Holdings Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.91	1.12	1.35	7.91	-3.85

Competitive Comparison of Tai United Holdings's Debt-to-Equity

For the Medical Distribution subindustry, Tai United 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.

Tai United Holdings's Debt-to-Equity Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Tai United Holdings's Debt-to-Equity distribution charts can be found below:

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

Tai United Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tai United Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(1745.864	+	2.007)	/	221.027
	=	7.91

Tai United Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(1668.366	+	0.574)	/	-433.192
	=	-3.85

Tai United Holdings (HKSE:00718) 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.

Tai United Holdings Debt-to-Equity Related Terms

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Tai United Holdings (HKSE:00718) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Tai United Holdings Ltd (HKSE:00718) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Room 4202–03A, 42th Floor, China Resource Building, Wanchai, Hong Kong, HKG

Website

http://www.irasia.com/listco/hk/taiunited/index.ht

Tai United Holdings Ltd is an investment holding company. Its segments include Property investment segment engaged in property investment and leasing of properties; Medical equipment trading segment; Flooring materials trading segment; Mining and exploitation of natural resources segment engaged in mining and production of tungsten resources activities in the Republic of Mongolia; and Financial services and asset management segment that includes trading equity securities and derivatives and managing of assets arising from acquisition of distressed debts assets. It derives majority of the revenue from the Flooring materials trading segment.

Tai United Holdings (HKSE:00718) Headlines

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