Life Concepts Holdings (HKSE:08056) Debt-to-Equity : -0.43 (As of Sep. 2023)

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What is Life Concepts Holdings Debt-to-Equity?

Life Concepts Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$38.95 Mil. Life Concepts Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$5.80 Mil. Life Concepts Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$-104.42 Mil. Life Concepts Holdings's debt to equity for the quarter that ended in Sep. 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 Life Concepts Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:08056' s Debt-to-Equity Range Over the Past 10 Years
Min: -9.33 Med: -0.19 Max: 1.69
Current: -0.43

During the past 10 years, the highest Debt-to-Equity Ratio of Life Concepts Holdings was 1.69. The lowest was -9.33. And the median was -0.19.

HKSE:08056's Debt-to-Equity is not ranked
in the Restaurants industry.
Industry Median: 0.94 vs HKSE:08056: -0.43

Life Concepts Holdings Debt-to-Equity Historical Data

The historical data trend for Life Concepts 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.

Life Concepts Holdings Debt-to-Equity Chart

Life Concepts Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.13

-9.33

-0.81

-0.19

-0.17

Life Concepts Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-0.21	N/A	-0.17	N/A	-0.43

Competitive Comparison of Life Concepts Holdings's Debt-to-Equity

For the Restaurants subindustry, Life Concepts 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.

Life Concepts Holdings's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Life Concepts Holdings's Debt-to-Equity distribution charts can be found below:

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

Life Concepts Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Life Concepts Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(11.923	+	5.805)	/	-104.966
	=	-0.17

Life Concepts Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(38.952	+	5.803)	/	-104.415
	=	-0.43

Life Concepts Holdings (HKSE:08056) 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.

Life Concepts Holdings Debt-to-Equity Related Terms

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Life Concepts Holdings (HKSE:08056) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Life Concepts Holdings Ltd (HKSE:08056) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, 3, 5, 7, 9, 11 and 13 Hollywood Road, Suites 1701-3, 17th Floor, Chinachem Hollywood Centre, Central, Hong Kong, HKG

Website

https://www.lifeconcepts.com

Life Concepts Holdings Ltd is an investment holding company. The company's operating segment includes Italian style; Western style; Asian style; Chinese Style; Catering management and design services and others; Provision of interior design and fitting-out services; Provision of organic vegetables consulting services and Provision of financial intermediation services. It generates maximum revenue from Western style segment. Geographically, it derives a majority of revenue from Hong Kong.

Executives

Excel Precise International Limited	2106 Person having a security interest in shares
True Promise Investments Limited	2201 Interest of corporation controlled by you
Law Fei Shing	2201 Interest of corporation controlled by you
Li Qing Ni	2201 Interest of corporation controlled by you
Lu James Fu Bin	2202 Interest of your spouse
Strong Day Holdings Limited	2101 Beneficial owner
Tso Wai Kin Timothy	2101 Beneficial owner
Chan Kwok Chung	2101 Beneficial owner
Lam Ka Ho	2101 Beneficial owner
Wong Man Hin Max	2101 Beneficial owner

Life Concepts Holdings (HKSE:08056) Headlines

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