Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Debt-to-Equity : -22.87 (As of Dec. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Neo-Concept International Group Holdings Debt-to-Equity?

Neo-Concept International Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.03 Mil. Neo-Concept International Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.97 Mil. Neo-Concept International Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.31 Mil. Neo-Concept International Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was -22.87.

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 Neo-Concept International Group Holdings's Debt-to-Equity or its related term are showing as below:

NCI' s Debt-to-Equity Range Over the Past 10 Years
Min: -22.87 Med: -1.11 Max: -0.37
Current: -22.87

During the past 4 years, the highest Debt-to-Equity Ratio of Neo-Concept International Group Holdings was -0.37. The lowest was -22.87. And the median was -1.11.

NCI's Debt-to-Equity is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.44 vs NCI: -22.87

Neo-Concept International Group Holdings Debt-to-Equity Historical Data

The historical data trend for Neo-Concept International 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.

Neo-Concept International Group Holdings Debt-to-Equity Chart

Neo-Concept International Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-0.82

-0.37

-1.40

-22.87

Neo-Concept International Group Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			-0.37	-0.44	-1.40	-5.12	-22.87

Competitive Comparison of Neo-Concept International Group Holdings's Debt-to-Equity

For the Apparel Manufacturing subindustry, Neo-Concept International 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.

Neo-Concept International Group Holdings's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Neo-Concept International Group Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Neo-Concept International Group Holdings's Debt-to-Equity falls into.

Neo-Concept International Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Neo-Concept International 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
	=	(4.029	+	2.968)	/	-0.306
	=	-22.87

Neo-Concept International 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
	=	(4.029	+	2.968)	/	-0.306
	=	-22.87

Neo-Concept International Group Holdings (NAS:NCI) 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.

Neo-Concept International Group Holdings Debt-to-Equity Related Terms

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

Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Neo-Concept International Group Holdings Ltd (NAS:NCI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10th floor, Seaview Centre, No.139-141 Hoi Bun Road, Kwun Tong, Kowloon, HKG

Website

https://www.neo-ig.com

Neo-Concept International Group Holdings Ltd is a company whose a one-stop apparel solution services provider. They offer a full suite of services in the apparel supply chain, including market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management serving customers located in the European, and North American markets through Neo-Concept HK.

Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Headlines

From GuruFocus

Neo-Concept International Group Holdings Limited Announces Pricing of Initial Public Offering and Listing on Nasdaq

By Marketwired • 04-23-2024