E Lighting Group Holdings (HKSE:08222) Debt-to-Equity : 1.05 (As of Sep. 2023)

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What is E Lighting Group Holdings Debt-to-Equity?

E Lighting Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$14.86 Mil. E Lighting Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$5.70 Mil. E Lighting Group Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$19.60 Mil. E Lighting Group Holdings's debt to equity for the quarter that ended in Sep. 2023 was 1.05.

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

HKSE:08222' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.71 Max: 1.07
Current: 1.05

During the past 10 years, the highest Debt-to-Equity Ratio of E Lighting Group Holdings was 1.07. The lowest was 0.00. And the median was 0.71.

HKSE:08222's Debt-to-Equity is ranked worse than
86.39% of 382 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.335 vs HKSE:08222: 1.05

E Lighting Group Holdings Debt-to-Equity Historical Data

The historical data trend for E Lighting 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.

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E Lighting Group Holdings Debt-to-Equity Chart

E Lighting Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.70

0.84

0.75

1.07

E Lighting Group 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															0.57	N/A	1.07	N/A	1.05

Competitive Comparison of E Lighting Group Holdings's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, E Lighting 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.

E Lighting Group Holdings's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, E Lighting Group Holdings's Debt-to-Equity distribution charts can be found below:

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

E Lighting Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

E Lighting Group 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
	=	(14.073	+	7.528)	/	20.2
	=	1.07

E Lighting Group 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
	=	(14.862	+	5.698)	/	19.603
	=	1.05

E Lighting Group Holdings (HKSE:08222) 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.

E Lighting Group Holdings Debt-to-Equity Related Terms

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

E Lighting Group Holdings (HKSE:08222) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » E Lighting Group Holdings Ltd (HKSE:08222) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

199 Wanchai Road, 10th Floor, Tiffan Tower, Wanchai, Hong Kong, HKG

Website

http://www.elighting.asia

E Lighting Group Holdings Ltd is an investment holding company. The group is engaged in retail chain business in lighting, designer label furniture and household products, and wholesale of tableware and giftware. It is organized into two main reportable segments, the Lighting and furniture business and Tableware, giftware and other business. It operates in the following principal geographical areas - Hong Kong, and North America. The group generates most of its revenue from Hong Kong. It derives the majority of its revenue from the Lighting and furniture business segment.

Executives

Hue Kwok Chiu

2101 Beneficial owner

E Lighting Group Holdings (HKSE:08222) Headlines

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