Space Group Holdings (HKSE:02448) Debt-to-Equity : 0.60 (As of Dec. 2023)

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What is Space Group Holdings Debt-to-Equity?

Space Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$331.4 Mil. Space Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5.1 Mil. Space Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$561.3 Mil. Space Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.60.

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

HKSE:02448' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 0.93 Max: 5.64
Current: 0.6

During the past 10 years, the highest Debt-to-Equity Ratio of Space Group Holdings was 5.64. The lowest was 0.45. And the median was 0.93.

HKSE:02448's Debt-to-Equity is ranked worse than
59.32% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:02448: 0.60

Space Group Holdings Debt-to-Equity Historical Data

The historical data trend for Space 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.

Space Group Holdings Debt-to-Equity Chart

Space Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.56

0.99

0.86

0.73

0.60

Space Group Holdings Semi-Annual Data
	Dec14	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													0.86	0.79	0.73	0.61	0.60

Competitive Comparison of Space Group Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, Space 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.

Space Group Holdings's Debt-to-Equity Distribution in the Construction Industry

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

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

Space Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Space 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
	=	(331.383	+	5.09)	/	561.251
	=	0.60

Space 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
	=	(331.383	+	5.09)	/	561.251
	=	0.60

Space Group Holdings (HKSE:02448) 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.

Space Group Holdings Debt-to-Equity Related Terms

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

Space Group Holdings (HKSE:02448) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Space Group Holdings Ltd (HKSE:02448) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8C, Avenida de Marciano Baptista 18, Edificio Centro Comercial Chong Fok, Macau, MAC

Website

https://www.spacegroup.com.mo

Space Group Holdings Limited is an investment holding company principally engaged in the provision of fitting-out works in Macau. The Company operates two business segments. The Fitting-out Works segment is involved in the execution of fitting-out works, procurement of materials, site supervision, management of subcontractors, overall project management, and interior decorative and modification works for existing buildings. The Building Construction Works segment is involved in structural building works, procurement of materials, site supervision, management of subcontractors, and overall project management.

Executives

Che Chan U	2201 Interest of corporation controlled by you
Ng Lai Kuan	2202 Interest of your spouse
Lei Soi Kun	2201 Interest of corporation controlled by you
Space Investment (bvi) Ltd	2101 Beneficial owner
Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Cheng Chi Heng	2101 Beneficial owner

Space Group Holdings (HKSE:02448) Headlines

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