Hands Form Holdings (HKSE:01920) Debt-to-Equity : 0.55 (As of Dec. 2023)

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What is Hands Form Holdings Debt-to-Equity?

Hands Form Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$9.62 Mil. Hands Form Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.00 Mil. Hands Form Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$17.54 Mil. Hands Form Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.55.

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

HKSE:01920' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.11 Max: 0.55
Current: 0.55

During the past 8 years, the highest Debt-to-Equity Ratio of Hands Form Holdings was 0.55. The lowest was 0.02. And the median was 0.11.

HKSE:01920's Debt-to-Equity is ranked worse than
56.32% of 1518 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:01920: 0.55

Hands Form Holdings Debt-to-Equity Historical Data

The historical data trend for Hands Form 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.

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Hands Form Holdings Debt-to-Equity Chart

Hands Form Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.08

0.11

0.09

0.55

Hands Form Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.11	0.08	0.09	0.12	0.55

Competitive Comparison of Hands Form Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, Hands Form 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.

Hands Form Holdings's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hands Form Holdings's Debt-to-Equity distribution charts can be found below:

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

Hands Form Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hands Form 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
	=	(9.622	+	0)	/	17.541
	=	0.55

Hands Form 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
	=	(9.622	+	0)	/	17.541
	=	0.55

Hands Form Holdings (HKSE:01920) 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.

Hands Form Holdings Debt-to-Equity Related Terms

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

Hands Form Holdings (HKSE:01920) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hands Form Holdings Ltd (HKSE:01920) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Shanghai Street, Room 9, 2nd Floor, Hang Bong Commercial Centre, Jordan, Kowloon, Hong Kong, HKG

Website

https://www.handsform.com

Hands Form Holdings Ltd is an established subcontractor in Hong Kong and principally engaged in the provision of wet trades work and other wet trades-related ancillary works. Wet trades works include plastering on floors, walls, and ceilings, tile laying on internal and external walls and floors, bricklaying, and marble works. The company's segment includes Construction services and Construction IT services. It generates maximum revenue from the Construction services segment.

Executives

Wonderful Renown Limited	2101 Beneficial owner
Cheung Lai Chun	2103 Interests held jointly with another person
Chan Shui King	2202 Interest of your spouse
Cheung Kwok Fai Adam	2201 Interest of corporation controlled by you

Hands Form Holdings (HKSE:01920) Headlines

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