SunCorp Technologies (HKSE:01063) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is SunCorp Technologies Debt-to-Equity?

SunCorp Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2.15 Mil. SunCorp Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.00 Mil. SunCorp Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$243.73 Mil. SunCorp Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 SunCorp Technologies's Debt-to-Equity or its related term are showing as below:

HKSE:01063' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 1.74
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of SunCorp Technologies was 1.74. The lowest was 0.00. And the median was 0.01.

HKSE:01063's Debt-to-Equity is ranked better than
99.79% of 479 companies
in the Conglomerates industry
Industry Median: 0.56 vs HKSE:01063: 0.01

SunCorp Technologies Debt-to-Equity Historical Data

The historical data trend for SunCorp Technologies'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.

SunCorp Technologies Debt-to-Equity Chart

SunCorp Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.01

0.02

0.01

SunCorp Technologies 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															0.02	0.03	0.02	0.02	0.01

Competitive Comparison of SunCorp Technologies's Debt-to-Equity

For the Conglomerates subindustry, SunCorp Technologies'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.

SunCorp Technologies's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, SunCorp Technologies's Debt-to-Equity distribution charts can be found below:

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

SunCorp Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SunCorp Technologies'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
	=	(2.153	+	0)	/	243.729
	=	0.01

SunCorp Technologies'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
	=	(2.153	+	0)	/	243.729
	=	0.01

SunCorp Technologies (HKSE:01063) 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.

SunCorp Technologies Debt-to-Equity Related Terms

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

SunCorp Technologies (HKSE:01063) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » SunCorp Technologies Ltd (HKSE:01063) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SUNTF:USA

Address

99 Queen’s Road Central, Unit 2305, 23rd Floor, The Center, Hong Kong, HKG

Website

http://www.suncorptech.com.hk

SunCorp Technologies Ltd is engaged in sales and marketing of residential telephone and related products, computer-related components, securities brokerage, placing and underwriting, money lending, and B2B cross-border e-commerce. Its operating segments are; Sales of telephones and related components; Processing and trading of used computer-related components; Money lending services; Provision of securities brokerage, placing and underwriting services, and Sales of clothes and beauty products. Geographically it operates in PRC (including Hong Kong); India; Indonesia; USA; and Others, with the majority of the revenue deriving from the PRC (including Hong Kong).

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