Pinestone Capital (HKSE:00804) Debt-to-Equity : 0.00 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Pinestone Capital Debt-to-Equity?

Pinestone Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.00 Mil. Pinestone Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.62 Mil. Pinestone Capital's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$170.04 Mil. Pinestone Capital's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Pinestone Capital's Debt-to-Equity or its related term are showing as below:

During the past 10 years, the highest Debt-to-Equity Ratio of Pinestone Capital was 0.16. The lowest was 0.00. And the median was 0.01.

HKSE:00804's Debt-to-Equity is not ranked ^*
in the Capital Markets industry.
Industry Median: 0.36
* Ranked among companies with meaningful Debt-to-Equity only.

Pinestone Capital Debt-to-Equity Historical Data

The historical data trend for Pinestone Capital'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.

Pinestone Capital Debt-to-Equity Chart

Pinestone Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.02

0.01

Pinestone Capital 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															0.01	0.01	0.01	0.01	-

Competitive Comparison of Pinestone Capital's Debt-to-Equity

For the Capital Markets subindustry, Pinestone Capital'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.

Pinestone Capital's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Pinestone Capital's Debt-to-Equity distribution charts can be found below:

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

Pinestone Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pinestone Capital'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	+	0.622)	/	170.038
	=	0.00

Pinestone Capital'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	+	0.622)	/	170.038
	=	0.00

Pinestone Capital (HKSE:00804) 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.

Pinestone Capital Debt-to-Equity Related Terms

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

Pinestone Capital (HKSE:00804) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Pinestone Capital Ltd (HKSE:00804) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Room 1807, 18th Floor, China Resources Building, Wan Chai, Hong Kong, HKG

Website

http://www.pinestone.com.hk

Pinestone Capital Ltd is an investment holding company registered in the Cayman Islands. It is principally engaged in providing bespoke services including security brokerage, securities-backed lending for individual and corporate purpose and placing and underwriting businesses. The company offers money lending services through its subsidiary Pinestone Capital Group Limited. It operates is business activities in Hong Kong and all of the revenue of the company is generated from Hong Kong itself. The company's revenue comprises of interest income from securities backed lending services, income from placing and underwriting services and commission income from securities brokerage services.

Executives

Ultimate Vantage Group Limited	2101 Beneficial owner
Hong Zhaohong	2201 Interest of corporation controlled by you
Hcc & Co Limited	2101 Beneficial owner
Woso Finance Limited	2106 Person having a security interest in shares
Wu Huimei	2201 Interest of corporation controlled by you
Cheung Yan Leung Henry	2201 Interest of corporation controlled by you
Liu Xuebin	2201 Interest of corporation controlled by you
Snail Capital Limited	2101 Beneficial owner
Cheung Jonathan	2201 Interest of corporation controlled by you
Fu Ying Guo Ji Fa Zhan You Xian Gong Si	2101 Beneficial owner
Fu Ying Guo Ji Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Fu Ying Guo Ji Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you

Pinestone Capital (HKSE:00804) Headlines

No Headlines