Raffles Interior (HKSE:01376) Debt-to-Equity : 0.16 (As of Dec. 2023)

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What is Raffles Interior Debt-to-Equity?

Raffles Interior's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$7.1 Mil. Raffles Interior's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4.6 Mil. Raffles Interior's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$72.5 Mil. Raffles Interior's debt to equity for the quarter that ended in Dec. 2023 was 0.16.

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 Raffles Interior's Debt-to-Equity or its related term are showing as below:

HKSE:01376' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.68 Max: 1.11
Current: 0.16

During the past 7 years, the highest Debt-to-Equity Ratio of Raffles Interior was 1.11. The lowest was 0.16. And the median was 0.68.

HKSE:01376's Debt-to-Equity is ranked better than
69.34% of 923 companies
in the Business Services industry
Industry Median: 0.37 vs HKSE:01376: 0.16

Raffles Interior Debt-to-Equity Historical Data

The historical data trend for Raffles Interior'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.

Raffles Interior Debt-to-Equity Chart

Raffles Interior Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.49

1.11

1.02

0.68

0.16

Raffles Interior Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							1.02	0.82	0.68	0.20	0.16

Competitive Comparison of Raffles Interior's Debt-to-Equity

For the Consulting Services subindustry, Raffles Interior'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.

Raffles Interior's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Raffles Interior's Debt-to-Equity distribution charts can be found below:

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

Raffles Interior Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Raffles Interior'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
	=	(7.094	+	4.614)	/	72.47
	=	0.16

Raffles Interior'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
	=	(7.094	+	4.614)	/	72.47
	=	0.16

Raffles Interior (HKSE:01376) 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.

Raffles Interior Debt-to-Equity Related Terms

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

Raffles Interior (HKSE:01376) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Raffles Interior Ltd (HKSE:01376) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

59 Sungei Kadut Loop, Singapore, SGP, 729490

Website

http://www.rafflesinterior.com

Raffles Interior Ltd is a Singapore-based investment holding company. The company is principally engaged in the provision of interior fitting-out services. The company's fitting-out services include project management and construction management of the interior fitting-out project, construction and installation of interior fitting-out works, customizing, manufacturing and supply of carpentry/joinery and integral fixtures, and maintenance of the projects that it undertakes on an ad-hoc basis. The company derives its revenue from projects involving fitting-out works for office space in Singapore.

Executives

Low Lek Huat	2201 Interest of corporation controlled by you
Zhong Ji Huan Qiu Qi Ye You Xian Gong Si	2101 Beneficial owner
Union Expert Investment Holding Limited	2101 Beneficial owner
Cao Chengpeng	2201 Interest of corporation controlled by you
Sng Siew Luan Emily	2202 Interest of your spouse
Pan Lulu	2202 Interest of your spouse
Ong Poh Eng	2202 Interest of your spouse
Ng Foo Wah	2201 Interest of corporation controlled by you
Neo Bee Ling Pauline	2202 Interest of your spouse
Chua Boon Par	2201 Interest of corporation controlled by you
Low Lek Hee	2201 Interest of corporation controlled by you
Loke Yoke Mei	2202 Interest of your spouse
Lo Lek Chew	2201 Interest of corporation controlled by you
Lim Bee Peng	2202 Interest of your spouse
Leong Wai Kit	2201 Interest of corporation controlled by you

Raffles Interior (HKSE:01376) Headlines

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