Star Group Co (HKSE:01560) Debt-to-Equity : 1.59 (As of Dec. 2023)

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What is Star Group Co Debt-to-Equity?

Star Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2,142 Mil. Star Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$129 Mil. Star Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,430 Mil. Star Group Co's debt to equity for the quarter that ended in Dec. 2023 was 1.59.

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

HKSE:01560' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.59 Med: 2.24 Max: 3.46
Current: 1.59

During the past 11 years, the highest Debt-to-Equity Ratio of Star Group Co was 3.46. The lowest was 1.59. And the median was 2.24.

HKSE:01560's Debt-to-Equity is ranked worse than
76.11% of 1578 companies
in the Real Estate industry
Industry Median: 0.755 vs HKSE:01560: 1.59

Star Group Co Debt-to-Equity Historical Data

The historical data trend for Star Group Co'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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Star Group Co Debt-to-Equity Chart

Star Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.33

1.72

2.43

1.67

1.59

Star Group Co Semi-Annual Data
	Dec13	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															2.43	2.29	1.67	1.76	1.59

Competitive Comparison of Star Group Co's Debt-to-Equity

For the Real Estate - Development subindustry, Star Group Co'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.

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

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

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

Star Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Star Group Co'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
	=	(2141.792	+	129.422)	/	1430.083
	=	1.59

Star Group Co'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
	=	(2141.792	+	129.422)	/	1430.083
	=	1.59

Star Group Co (HKSE:01560) 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.

Star Group Co Debt-to-Equity Related Terms

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

Star Group Co (HKSE:01560) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Star Group Co Ltd (HKSE:01560) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

18 Harcourt Road, Tower 1, Unit 603, 6 Floor, Admiralty Centre, Admiralty, Hong Kong, HKG

Website

https://www.starproperties.com.hk

Star Group Co Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the real estate business. Its business segments include property development; property investment for sale, rental, or capital appreciation; provision of property management and security services; construction and fitting out works; provision of finance; fund investment and fund management; wine business which includes the operation of the wine cellar and trading of fine wine; and provision of media production services It derives the majority of the revenue from the Property Development segment that engages in sales of properties and the Property Investment segment that has rental income from the leasing of properties. It operates in Hong Kong and Korea.

Executives

Lam Kin Kok
Chan Man Fai Joe	2101 Beneficial owner
Metropolitan Lifestyle (bvi) Limited	2101 Beneficial owner
Eagle Trend (bvi) Limited	2101 Beneficial owner

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