Ernest Borel Holdings (HKSE:01856) Debt-to-Equity : 0.34 (As of Dec. 2023)

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What is Ernest Borel Holdings Debt-to-Equity?

Ernest Borel Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$38.6 Mil. Ernest Borel Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$17.8 Mil. Ernest Borel Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$167.8 Mil. Ernest Borel Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.34.

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 Ernest Borel Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:01856' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.26 Max: 0.76
Current: 0.34

During the past 11 years, the highest Debt-to-Equity Ratio of Ernest Borel Holdings was 0.76. The lowest was 0.05. And the median was 0.26.

HKSE:01856's Debt-to-Equity is ranked better than
66.1% of 1000 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs HKSE:01856: 0.34

Ernest Borel Holdings Debt-to-Equity Historical Data

The historical data trend for Ernest Borel 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.

Ernest Borel Holdings Debt-to-Equity Chart

Ernest Borel Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.07

0.24

0.26

0.38

0.34

Ernest Borel Holdings Semi-Annual Data
	Jun14	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															0.26	0.27	0.38	0.40	0.34

Competitive Comparison of Ernest Borel Holdings's Debt-to-Equity

For the Luxury Goods subindustry, Ernest Borel 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.

Ernest Borel Holdings's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ernest Borel Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ernest Borel Holdings's Debt-to-Equity falls into.

Ernest Borel Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ernest Borel 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
	=	(38.55	+	17.757)	/	167.792
	=	0.34

Ernest Borel 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
	=	(38.55	+	17.757)	/	167.792
	=	0.34

Ernest Borel Holdings (HKSE:01856) 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.

Ernest Borel Holdings Debt-to-Equity Related Terms

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Ernest Borel Holdings (HKSE:01856) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ernest Borel Holdings Ltd (HKSE:01856) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

193 Prince Edward Road West, Unit 1612-18, Level 16, Tower 1, Grand Century Place, Mongkok, Kowloon, Hong Kong, HKG

Website

https://www.ernestborel.ch

Ernest Borel Holdings Ltd is an investment holding company principally engaged in the design, manufacture, marketing, and sales of Swiss-made mechanical and quartz premium watches for men and women. Its collection of watches includes Royal, Braque, Jules, Borel, Retro, Cocktail, Galaxy, Cosmic, Heritage, Heartful, and other collections. Its geographical segments are China, Hong Kong, and Macau, and Others (mainly in Southeast Asia and Europe).

Ernest Borel Holdings (HKSE:01856) Headlines

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