Wang On Properties (HKSE:01243) Debt-to-Equity : 0.86 (As of Sep. 2023)

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What is Wang On Properties Debt-to-Equity?

Wang On Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$2,594 Mil. Wang On Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$2,061 Mil. Wang On Properties's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$5,397 Mil. Wang On Properties's debt to equity for the quarter that ended in Sep. 2023 was 0.86.

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 Wang On Properties's Debt-to-Equity or its related term are showing as below:

HKSE:01243' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.72 Med: 0.91 Max: 13.84
Current: 0.86

During the past 11 years, the highest Debt-to-Equity Ratio of Wang On Properties was 13.84. The lowest was 0.72. And the median was 0.91.

HKSE:01243's Debt-to-Equity is ranked worse than
54.06% of 1578 companies
in the Real Estate industry
Industry Median: 0.755 vs HKSE:01243: 0.86

Wang On Properties Debt-to-Equity Historical Data

The historical data trend for Wang On Properties'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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Wang On Properties Debt-to-Equity Chart

Wang On Properties Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.91

0.77

0.98

0.89

0.80

Wang On Properties Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															1.01	0.89	0.87	0.80	0.86

Competitive Comparison of Wang On Properties's Debt-to-Equity

For the Real Estate - Development subindustry, Wang On Properties'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.

Wang On Properties's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wang On Properties's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Wang On Properties's Debt-to-Equity falls into.

Wang On Properties Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wang On Properties's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(2167.915	+	2037.447)	/	5271.788
	=	0.80

Wang On Properties's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(2593.974	+	2060.99)	/	5397.418
	=	0.86

Wang On Properties (HKSE:01243) 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.

Wang On Properties Debt-to-Equity Related Terms

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

Wang On Properties (HKSE:01243) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wang On Properties Ltd (HKSE:01243) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

39 Wang Kwong Road, Suite 3201, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.woproperties.com

Wang On Properties Ltd is engaged in property development and property investment in Hong Kong. The company's business segments are Property development, Asset management segment, and Property investment. The Property development segment, which is the key revenue-driving segment, engages in the development of properties whereas the Property Investment segment engages in the investment in commercial and industrial premises for rental or for sale. The Asset Management segment earns fee income for managing assets on behalf of the group's capital partners via investment vehicles. The company operates its business in Hong Kong.

Executives

Tang Ching Ho	2201 Interest of corporation controlled by you
Yau Yuk Yin	2202 Interest of your spouse

Wang On Properties (HKSE:01243) Headlines

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