Radiance Holdings (Group) Co (HKSE:09993) Debt-to-Equity : 1.23 (As of Dec. 2023)

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What is Radiance Holdings (Group) Co Debt-to-Equity?

Radiance Holdings (Group) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$15,252 Mil. Radiance Holdings (Group) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$16,943 Mil. Radiance Holdings (Group) Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$26,199 Mil. Radiance Holdings (Group) Co's debt to equity for the quarter that ended in Dec. 2023 was 1.23.

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 Radiance Holdings (Group) Co's Debt-to-Equity or its related term are showing as below:

HKSE:09993' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.23 Med: 2.5 Max: 3.02
Current: 1.23

During the past 7 years, the highest Debt-to-Equity Ratio of Radiance Holdings (Group) Co was 3.02. The lowest was 1.23. And the median was 2.50.

HKSE:09993's Debt-to-Equity is ranked worse than
67.26% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:09993: 1.23

Radiance Holdings (Group) Co Debt-to-Equity Historical Data

The historical data trend for Radiance Holdings (Group) 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.

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Radiance Holdings (Group) Co Debt-to-Equity Chart

Radiance Holdings (Group) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.92

2.50

2.23

1.54

1.23

Radiance Holdings (Group) Co Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						2.23	1.80	1.54	1.33	1.23

Competitive Comparison of Radiance Holdings (Group) Co's Debt-to-Equity

For the Real Estate - Development subindustry, Radiance Holdings (Group) 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.

Radiance Holdings (Group) Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Radiance Holdings (Group) Co's Debt-to-Equity distribution charts can be found below:

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

Radiance Holdings (Group) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Radiance Holdings (Group) 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
	=	(15251.555	+	16943.047)	/	26199.197
	=	1.23

Radiance Holdings (Group) 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
	=	(15251.555	+	16943.047)	/	26199.197
	=	1.23

Radiance Holdings (Group) Co (HKSE:09993) 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.

Radiance Holdings (Group) Co Debt-to-Equity Related Terms

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Radiance Holdings (Group) Co (HKSE:09993) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Radiance Holdings (Group) Co Ltd (HKSE:09993) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Qiyang Road, 42nd Floor, Radiance Plaza, Wangjing, Chaoyang District, Beijing, CHN, 100029

Website

http://www.radiance.com.cn

Radiance Holdings (Group) Co Ltd is an investment holding company engaged in the development and sale of properties, property leasing, and the provision of management consulting services. The company derives a majority of its revenue from Mainland China.

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