Bison Finance Group (HKSE:00888) Debt-to-Equity : 1.76 (As of Dec. 2023)

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What is Bison Finance Group Debt-to-Equity?

Bison Finance Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$99.32 Mil. Bison Finance Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3.88 Mil. Bison Finance Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$58.64 Mil. Bison Finance Group's debt to equity for the quarter that ended in Dec. 2023 was 1.76.

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 Bison Finance Group's Debt-to-Equity or its related term are showing as below:

HKSE:00888' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.43 Max: 1.76
Current: 1.76

During the past 13 years, the highest Debt-to-Equity Ratio of Bison Finance Group was 1.76. The lowest was 0.00. And the median was 0.43.

HKSE:00888's Debt-to-Equity is ranked worse than
91.29% of 287 companies
in the Diversified Financial Services industry
Industry Median: 0.13 vs HKSE:00888: 1.76

Bison Finance Group Debt-to-Equity Historical Data

The historical data trend for Bison Finance Group'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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Bison Finance Group Debt-to-Equity Chart

Bison Finance Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.37

0.43

0.48

1.39

1.76

Bison Finance Group 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															0.48	0.66	1.39	1.75	1.76

Competitive Comparison of Bison Finance Group's Debt-to-Equity

For the Financial Conglomerates subindustry, Bison Finance Group'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.

Bison Finance Group's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bison Finance Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bison Finance Group's Debt-to-Equity falls into.

Bison Finance Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bison Finance Group'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
	=	(99.32	+	3.88)	/	58.641
	=	1.76

Bison Finance Group'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
	=	(99.32	+	3.88)	/	58.641
	=	1.76

Bison Finance Group (HKSE:00888) 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.

Bison Finance Group Debt-to-Equity Related Terms

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

Bison Finance Group (HKSE:00888) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bison Finance Group Ltd (HKSE:00888) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

18 King Wah Road, 6th Floor, North Point, Hong Kong, HKG

Website

https://www.bison.com.hk

Bison Finance Group Ltd is an investment holding company. The company's operating segment includes Financial services which comprise loan financing services and licensed businesses including the provision of investment advisory services, advisory services on corporate finance, securities brokerage services, external asset management services and fund management services.

Executives

Wan Hiu Yeung	2201 Interest of corporation controlled by you
Jong Yat Kit (in The Capacity As The Receiver)	2201 Interest of corporation controlled by you
Dong Xing Zheng Quan Xiang Gang Jin Rong Kong Gu You Xian Gong Si	2106 Person having a security interest in shares
Dong Xing Zheng Quan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Su Li Hong	2201 Interest of corporation controlled by you
Xin Ze Mao Yi You Xian Gong Si	2101 Beneficial owner
Tan Bin
Jiang Feng Yun
Deng Xianzi
Cruiser Determined Limited
China Orient Asset Management Co., Ltd.	2106 Person having a security interest in shares
Bliss Chance Global Limited
Bison Capital Financial Holdings Limited
Xu Peixin
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

Bison Finance Group (HKSE:00888) Headlines

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