Neo-Neon Holdings (HKSE:01868) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Neo-Neon Holdings Debt-to-Equity?

Neo-Neon Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$11.4 Mil. Neo-Neon Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$35.6 Mil. Neo-Neon Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,698.6 Mil. Neo-Neon 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 Neo-Neon Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:01868' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.09 Max: 0.34
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Neo-Neon Holdings was 0.34. The lowest was 0.03. And the median was 0.09.

HKSE:01868's Debt-to-Equity is ranked better than
89.88% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs HKSE:01868: 0.03

Neo-Neon Holdings Debt-to-Equity Historical Data

The historical data trend for Neo-Neon 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.

Neo-Neon Holdings Debt-to-Equity Chart

Neo-Neon Holdings Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.29

0.22

0.06

0.03

Neo-Neon Holdings Semi-Annual Data
	Mar14	Sep14	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															0.06	0.08	0.03	0.03	0.03

Competitive Comparison of Neo-Neon Holdings's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Neo-Neon 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.

Neo-Neon Holdings's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Neo-Neon Holdings's Debt-to-Equity distribution charts can be found below:

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

Neo-Neon Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Neo-Neon 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
	=	(11.43	+	35.633)	/	1698.609
	=	0.03

Neo-Neon 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
	=	(11.43	+	35.633)	/	1698.609
	=	0.03

Neo-Neon Holdings (HKSE:01868) 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.

Neo-Neon Holdings Debt-to-Equity Related Terms

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Neo-Neon Holdings (HKSE:01868) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Neo-Neon Holdings Ltd (HKSE:01868) » Definitions » Debt-to-Equity

Traded in Other Exchanges

911868:Taiwan

Address

188 Des Voeux Road Central, Unit 2101, 21st Floor, Golden Centre, Hong Kong, HKG

Website

http://www.neo-neon.com

Neo-Neon Holdings Ltd is a manufacturer and distributor of LED decorative lighting products. The company's product portfolio is divided into LED decorative lighting, Commercial lighting, Professional lighting, Professional architectural lighting, Industrial lighting, Landscape lighting, and other products. Its segments include the PRC lighting segment, which consists of research and development, manufacture of lighting products in China, and distribution of lighting products in China and overseas; and the USA lighting segment consists of the provision of lighting solutions and trading of lighting products in the USA. Its geographical segments include North America, which generates the vast majority of the company's revenue; Europe; The PRC; Asia (excluding the PRC); and Other countries.

Neo-Neon Holdings (HKSE:01868) Headlines

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