Hao Tian International Construction Investment Group (HKSE:01341) Debt-to-Equity : 0.27 (As of Sep. 2023)

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What is Hao Tian International Construction Investment Group Debt-to-Equity?

Hao Tian International Construction Investment Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$377.0 Mil. Hao Tian International Construction Investment Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$41.0 Mil. Hao Tian International Construction Investment Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$1,570.0 Mil. Hao Tian International Construction Investment Group's debt to equity for the quarter that ended in Sep. 2023 was 0.27.

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 Hao Tian International Construction Investment Group's Debt-to-Equity or its related term are showing as below:

HKSE:01341' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.34 Max: 0.66
Current: 0.27

During the past 9 years, the highest Debt-to-Equity Ratio of Hao Tian International Construction Investment Group was 0.66. The lowest was 0.23. And the median was 0.34.

HKSE:01341's Debt-to-Equity is ranked better than
58.94% of 928 companies
in the Business Services industry
Industry Median: 0.37 vs HKSE:01341: 0.27

Hao Tian International Construction Investment Group Debt-to-Equity Historical Data

The historical data trend for Hao Tian International Construction Investment 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.

* Premium members only.

Hao Tian International Construction Investment Group Debt-to-Equity Chart

Hao Tian International Construction Investment Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.31

0.43

0.27

0.29

0.25

Hao Tian International Construction Investment Group Semi-Annual Data
	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													0.34	0.29	0.23	0.25	0.27

Competitive Comparison of Hao Tian International Construction Investment Group's Debt-to-Equity

For the Rental & Leasing Services subindustry, Hao Tian International Construction Investment 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.

Hao Tian International Construction Investment Group's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hao Tian International Construction Investment Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hao Tian International Construction Investment Group's Debt-to-Equity falls into.

Hao Tian International Construction Investment Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hao Tian International Construction Investment Group'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
	=	(368	+	55)	/	1695
	=	0.25

Hao Tian International Construction Investment Group'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
	=	(377	+	41)	/	1570
	=	0.27

Hao Tian International Construction Investment Group (HKSE:01341) 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.

Hao Tian International Construction Investment Group Debt-to-Equity Related Terms

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

Hao Tian International Construction Investment Group (HKSE:01341) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hao Tian International Construction Investment Group Ltd (HKSE:01341) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

HAOTF:USA

Address

6-8 Harbour Road, Rooms 2510-2518, 25th Floor, Shui On Centre, Wanchai, Hong Kong, HKG

Website

http://www.haotianint.com.hk

Hao Tian International Construction Investment Group Ltd is an investment holding company. The company's operating segment includes the Rental and sale of construction machinery and spare parts business which generates majority revenue to the business; Provision of repair and maintenance and transportation service business; Money lending business; Provision of asset management, securities brokerage, commodities, futures, and other financial services business and Property development business. The company operates in Hong Kong, The People's Republic of China, Macau, and Cambodia geographically.

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