Forward Fashion (International) Holdings Co (HKSE:02528) Debt-to-Equity : 1.16 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Forward Fashion (International) Holdings Co Debt-to-Equity?

Forward Fashion (International) Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$146 Mil. Forward Fashion (International) Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$119 Mil. Forward Fashion (International) Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$229 Mil. Forward Fashion (International) Holdings Co's debt to equity for the quarter that ended in Dec. 2023 was 1.16.

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 Forward Fashion (International) Holdings Co's Debt-to-Equity or its related term are showing as below:

HKSE:02528' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.01 Med: 2.55 Max: 7.4
Current: 1.16

During the past 8 years, the highest Debt-to-Equity Ratio of Forward Fashion (International) Holdings Co was 7.40. The lowest was 1.01. And the median was 2.55.

HKSE:02528's Debt-to-Equity is ranked worse than
72.95% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs HKSE:02528: 1.16

Forward Fashion (International) Holdings Co Debt-to-Equity Historical Data

The historical data trend for Forward Fashion (International) Holdings Co'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.

Forward Fashion (International) Holdings Co Debt-to-Equity Chart

Forward Fashion (International) Holdings Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

2.75

2.35

1.30

1.01

1.16

Forward Fashion (International) Holdings Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								1.30	1.22	1.01	1.09	1.16

Competitive Comparison of Forward Fashion (International) Holdings Co's Debt-to-Equity

For the Apparel Retail subindustry, Forward Fashion (International) Holdings Co'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.

Forward Fashion (International) Holdings Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Forward Fashion (International) Holdings Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Forward Fashion (International) Holdings Co's Debt-to-Equity falls into.

Forward Fashion (International) Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Forward Fashion (International) Holdings Co'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
	=	(146.388	+	119.256)	/	228.813
	=	1.16

Forward Fashion (International) Holdings Co'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
	=	(146.388	+	119.256)	/	228.813
	=	1.16

Forward Fashion (International) Holdings Co (HKSE:02528) 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.

Forward Fashion (International) Holdings Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Forward Fashion (International) Holdings Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Forward Fashion (International) Holdings Co (HKSE:02528) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Forward Fashion (International) Holdings Co Ltd (HKSE:02528) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Gateway, Harbour City, Suite 1204, 12th Floor, Tower 6, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.forward-fashion.com

Forward Fashion (International) Holdings Co Ltd is engaged in the retail of fashion apparel of international brands ranging from designer label brands, and popular brands to up-and-coming brands in Greater China. Its brands include UM, UM IXOX, and IXOX. It has opened mono-brand stores in Greater China for the brands BLACK BARRETT, CK CALVIN KLEIN, Calvin Klein Jeans, Calvin Klein Performance, Calvin Klein Underwear, EA7, Ed Hardy, Hogan, Moschino, Neil Barrett, Philipp Plein, Tommy Hilfiger and Under Armour. It has a business presence in Mainland China, Macau, Hong Kong, and Other regions.

Forward Fashion (International) Holdings Co (HKSE:02528) Headlines

No Headlines