Red Star Macalline Group (HKSE:01528) Debt-to-Equity : 0.48 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Red Star Macalline Group Debt-to-Equity?

Red Star Macalline Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$2,135 Mil. Red Star Macalline Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$23,595 Mil. Red Star Macalline Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was HK$53,433 Mil. Red Star Macalline Group's debt to equity for the quarter that ended in Mar. 2024 was 0.48.

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 Red Star Macalline Group's Debt-to-Equity or its related term are showing as below:

HKSE:01528' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 0.7 Max: 1.09
Current: 0.48

During the past 10 years, the highest Debt-to-Equity Ratio of Red Star Macalline Group was 1.09. The lowest was 0.43. And the median was 0.70.

HKSE:01528's Debt-to-Equity is ranked better than
62.44% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:01528: 0.48

Red Star Macalline Group Debt-to-Equity Historical Data

The historical data trend for Red Star Macalline 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.

Red Star Macalline Group Debt-to-Equity Chart

Red Star Macalline Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.97

1.03

0.80

0.70

0.74

Red Star Macalline Group Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.69	0.52	0.74	0.48

Competitive Comparison of Red Star Macalline Group's Debt-to-Equity

For the Real Estate Services subindustry, Red Star Macalline 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.

Red Star Macalline Group's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Red Star Macalline Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Red Star Macalline Group's Debt-to-Equity falls into.

Red Star Macalline Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Red Star Macalline 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
	=	(15237.51	+	26572.86)	/	56693.178
	=	0.74

Red Star Macalline Group's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(2134.889	+	23595.009)	/	53432.718
	=	0.48

Red Star Macalline Group (HKSE:01528) 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.

Red Star Macalline Group Debt-to-Equity Related Terms

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

Red Star Macalline Group (HKSE:01528) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Red Star Macalline Group Corp Ltd (HKSE:01528) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

601828:China

Address

No. 2/5, Lane 1466, Shenchang Road, Minhang District, Shanghai, CHN

Website

https://www.chinaredstar.com

Red Star Macalline Group Corp Ltd operates home improvement and furnishings shopping malls in China. It has various segments.Owned/Leased Portfolio Shopping Malls segment, which is the key revenue driver, leases floor areas to the tenants and provides management support to them. Managed Shopping Malls segment provides initiation, consultation, and management services to its partners and construction contractors to develop and manage the shopping malls under its own brand. The Construction and design segment provides building installation and decorating services in shopping malls. Sales of merchandise and related services segment include retail sales of home furnishing merchandise and providing related decorating services. All of its revenues are derived from the PRC.

Red Star Macalline Group (HKSE:01528) Headlines

No Headlines