Trio Industrial Electronics Group (HKSE:01710) Debt-to-Equity : 0.30 (As of Dec. 2023)

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What is Trio Industrial Electronics Group Debt-to-Equity?

Trio Industrial Electronics Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$28 Mil. Trio Industrial Electronics Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$96 Mil. Trio Industrial Electronics Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$411 Mil. Trio Industrial Electronics Group's debt to equity for the quarter that ended in Dec. 2023 was 0.30.

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 Trio Industrial Electronics Group's Debt-to-Equity or its related term are showing as below:

HKSE:01710' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.12 Max: 0.33
Current: 0.3

During the past 10 years, the highest Debt-to-Equity Ratio of Trio Industrial Electronics Group was 0.33. The lowest was 0.06. And the median was 0.12.

HKSE:01710's Debt-to-Equity is ranked worse than
51.11% of 2616 companies
in the Industrial Products industry
Industry Median: 0.29 vs HKSE:01710: 0.30

Trio Industrial Electronics Group Debt-to-Equity Historical Data

The historical data trend for Trio Industrial Electronics 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.

Trio Industrial Electronics Group Debt-to-Equity Chart

Trio Industrial Electronics Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.10

0.09

0.08

0.33

0.30

Trio Industrial Electronics Group Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial												0.08	0.45	0.33	0.31	0.30

Competitive Comparison of Trio Industrial Electronics Group's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Trio Industrial Electronics 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.

Trio Industrial Electronics Group's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Trio Industrial Electronics Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Trio Industrial Electronics Group's Debt-to-Equity falls into.

Trio Industrial Electronics Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trio Industrial Electronics 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
	=	(27.773	+	95.633)	/	410.735
	=	0.30

Trio Industrial Electronics Group'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
	=	(27.773	+	95.633)	/	410.735
	=	0.30

Trio Industrial Electronics Group (HKSE:01710) 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.

Trio Industrial Electronics Group Debt-to-Equity Related Terms

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

Trio Industrial Electronics Group (HKSE:01710) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Trio Industrial Electronics Group Ltd (HKSE:01710) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

51 Man Yue Street, Block J, 5th Floor, Kaiser Estate, Phase 2, Hunghom, Kowloon, Hong Kong, HKG

Website

https://www.trio-ieg.com

Trio Industrial Electronics Group Ltd is an electronics manufacturing services (EMS) provider. It specializes in the manufacturing and sales of customized industrial electronic components and products, with offices in Hong Kong, the Republic of Ireland (Ireland), and Thailand, and production facilities in the People's Republic of China (the PRC), Ireland, and Thailand. Geographically, the group has a business presence in Europe, North America, the PRC, Southeast Asia, and others.

Executives

Esseiva Alain
Alpadis Group Holding Ag
Alpadis Trust (hk) Limited
Teo Wei Lee	2202 Interest of your spouse
Jmc Investment Holdings Limited	2201 Interest of corporation controlled by you
Heer Krinya	2202 Interest of your spouse
Heer Dominik Philipp	2201 Interest of corporation controlled by you
Mac Carthy Joseph	2307 Founder of a discretionary trust who can infl
Esseiva Alain	2201 Interest of corporation controlled by you
Lo Ka Kei Jun	2201 Interest of corporation controlled by you
Eastville Enterprises Limited	2201 Interest of corporation controlled by you
Kwan Chan Kwong	2202 Interest of your spouse
Wong So Nui Amy	2201 Interest of corporation controlled by you
Tai Leung Lam	2201 Interest of corporation controlled by you
Kwan Tak Sum Stanley	2201 Interest of corporation controlled by you

Trio Industrial Electronics Group (HKSE:01710) Headlines

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