REM Group (Holdings) (HKSE:01750) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is REM Group (Holdings) Debt-to-Equity?

REM Group (Holdings)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3.9 Mil. REM Group (Holdings)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1.7 Mil. REM Group (Holdings)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$167.9 Mil. REM Group (Holdings)'s debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 REM Group (Holdings)'s Debt-to-Equity or its related term are showing as below:

HKSE:01750' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.22
Current: 0.03

During the past 9 years, the highest Debt-to-Equity Ratio of REM Group (Holdings) was 0.22. The lowest was 0.00. And the median was 0.04.

HKSE:01750's Debt-to-Equity is ranked better than
89.88% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs HKSE:01750: 0.03

REM Group (Holdings) Debt-to-Equity Historical Data

The historical data trend for REM Group (Holdings)'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.

REM Group (Holdings) Debt-to-Equity Chart

REM Group (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.05

0.11

0.03

REM Group (Holdings) Semi-Annual Data
	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											0.05	0.12	0.11	0.06	0.03

Competitive Comparison of REM Group (Holdings)'s Debt-to-Equity

For the Electrical Equipment & Parts subindustry, REM Group (Holdings)'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.

REM Group (Holdings)'s Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, REM Group (Holdings)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where REM Group (Holdings)'s Debt-to-Equity falls into.

REM Group (Holdings) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

REM Group (Holdings)'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
	=	(3.886	+	1.69)	/	167.932
	=	0.03

REM Group (Holdings)'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
	=	(3.886	+	1.69)	/	167.932
	=	0.03

REM Group (Holdings) (HKSE:01750) 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.

REM Group (Holdings) Debt-to-Equity Related Terms

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

REM Group (Holdings) (HKSE:01750) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » REM Group (Holdings) Ltd (HKSE:01750) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 70 Wing Tai Road, Unit 5, 4th Floor, Chai Wan Industrial City Phase II, Hong Kong, HKG

Website

http://www.rem-group.com.hk

REM Group (Holdings) Ltd is a manufacturer and supplier of low-voltage electrical power distribution and control devices., including low-voltage switchboard, local motor control panel, motor control center, electrical distribution board, control box, and electrical parts and replacements and by location of delivery to customers in Hong Kong and PRC. Geographically, it derives the majority of revenue in PRC.

REM Group (Holdings) (HKSE:01750) Headlines

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