Ten Pao Group Holdings (HKSE:01979) Debt-to-Equity : 0.43 (As of Dec. 2023)

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What is Ten Pao Group Holdings Debt-to-Equity?

Ten Pao Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$664 Mil. Ten Pao Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$49 Mil. Ten Pao Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,655 Mil. Ten Pao Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.43.

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 Ten Pao Group Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:01979' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.35 Max: 0.63
Current: 0.43

During the past 10 years, the highest Debt-to-Equity Ratio of Ten Pao Group Holdings was 0.63. The lowest was 0.24. And the median was 0.35.

HKSE:01979's Debt-to-Equity is ranked worse than
60.78% of 2626 companies
in the Industrial Products industry
Industry Median: 0.29 vs HKSE:01979: 0.43

Ten Pao Group Holdings Debt-to-Equity Historical Data

The historical data trend for Ten Pao 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.

Ten Pao Group Holdings Debt-to-Equity Chart

Ten Pao Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.24

0.32

0.47

0.34

0.43

Ten Pao Group Holdings Semi-Annual Data
	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														0.47	0.48	0.34	0.27	0.43

Competitive Comparison of Ten Pao Group Holdings's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Ten Pao 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.

Ten Pao Group Holdings's Debt-to-Equity Distribution in the Industrial Products Industry

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

* The bar in red indicates where Ten Pao Group Holdings's Debt-to-Equity falls into.

Ten Pao Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ten Pao 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
	=	(664.332	+	48.959)	/	1655.075
	=	0.43

Ten Pao 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
	=	(664.332	+	48.959)	/	1655.075
	=	0.43

Ten Pao Group Holdings (HKSE:01979) 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.

Ten Pao Group Holdings Debt-to-Equity Related Terms

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Ten Pao Group Holdings (HKSE:01979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ten Pao Group Holdings Ltd (HKSE:01979) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

151-153 Hoi Bun Road, Rooms 610-612, 6th Floor, Kwong Sang Hong Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.tenpao.com

Ten Pao Group Holdings Ltd is an investment holding company. It is engaged in the sales and manufacturing of switching power supply units for consumer products and smart chargers and controllers for industrial use. The operating segments of the company are telecommunication, media and entertainment, electrical home appliances, lighting, smart chargers and controllers, and others. Some of its products are USB chargers, wireless chargers, adapters, open frame power supply, led drivers, smart charger and controllers, and power saver. Geographically, the group has a business presence in the PRC, Europe, Asia, the U.S., Africa and Other regions, of which prime revenue is derived from the PRC.

Ten Pao Group Holdings (HKSE:01979) Headlines

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