Max Sight Group Holdings (HKSE:08483) Debt-to-Equity : 0.71 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Max Sight Group Holdings Debt-to-Equity?

Max Sight Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$10.30 Mil. Max Sight Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$10.03 Mil. Max Sight Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$28.69 Mil. Max Sight Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.71.

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

HKSE:08483' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.27 Max: 0.77
Current: 0.71

During the past 9 years, the highest Debt-to-Equity Ratio of Max Sight Group Holdings was 0.77. The lowest was 0.02. And the median was 0.27.

HKSE:08483's Debt-to-Equity is ranked better than
52.27% of 88 companies
in the Personal Services industry
Industry Median: 0.735 vs HKSE:08483: 0.71

Max Sight Group Holdings Debt-to-Equity Historical Data

The historical data trend for Max Sight 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.

Max Sight Group Holdings Debt-to-Equity Chart

Max Sight Group Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.27

0.26

0.62

0.77

0.71

Max Sight Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.77	N/A	0.76	N/A	0.71

Competitive Comparison of Max Sight Group Holdings's Debt-to-Equity

For the Personal Services subindustry, Max Sight 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.

Max Sight Group Holdings's Debt-to-Equity Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Max Sight Group Holdings's Debt-to-Equity distribution charts can be found below:

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

Max Sight Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Max Sight 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
	=	(10.298	+	10.032)	/	28.686
	=	0.71

Max Sight 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
	=	(10.298	+	10.032)	/	28.686
	=	0.71

Max Sight Group Holdings (HKSE:08483) 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.

Max Sight Group Holdings Debt-to-Equity Related Terms

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

Max Sight Group Holdings (HKSE:08483) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Max Sight Group Holdings Ltd (HKSE:08483) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

48 Yee Wo Street, 14th Floor, McDonald’s Building, Causeway Bay, Hong Kong, HKG

Website

http://www.maxsightgroup.com

Max Sight Group Holdings Ltd is principally engaged in the provision of photography services by supplying automatic identity photo booths in Hong Kong and Guangdong provinces. In addition, it is also engaged in the provision of medical services by operating medical centers in Hong Kong. It operates through three segments namely, Photography services in Hong Kong, Photography services in Mainland China, and Medical services in Hong Kong. The Hong Kong region generates maximum revenue for the company.

Executives

Cheung Kam Ting
Causeway Treasure Holding Limited
Photo-me International Plc.
Au-yeung Ying Ho
Chan Tien Kay Timmy
Chan Wing Chai Jamson

Max Sight Group Holdings (HKSE:08483) Headlines

No Headlines