Hiap Tong (SGX:5PO) Debt-to-Equity : 0.65 (As of Sep. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Hiap Tong Debt-to-Equity?

Hiap Tong's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$23.59 Mil. Hiap Tong's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$37.98 Mil. Hiap Tong's Total Stockholders Equity for the quarter that ended in Sep. 2023 was S$95.19 Mil. Hiap Tong's debt to equity for the quarter that ended in Sep. 2023 was 0.65.

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 Hiap Tong's Debt-to-Equity or its related term are showing as below:

SGX:5PO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 0.71 Max: 1.06
Current: 0.65

During the past 13 years, the highest Debt-to-Equity Ratio of Hiap Tong was 1.06. The lowest was 0.45. And the median was 0.71.

SGX:5PO's Debt-to-Equity is ranked worse than
62.84% of 915 companies
in the Business Services industry
Industry Median: 0.38 vs SGX:5PO: 0.65

Hiap Tong Debt-to-Equity Historical Data

The historical data trend for Hiap Tong'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.

Hiap Tong Debt-to-Equity Chart

Hiap Tong Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.58

0.71

0.76

0.58

0.73

Hiap Tong Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.72	0.58	0.79	0.73	0.65

Competitive Comparison of Hiap Tong's Debt-to-Equity

For the Rental & Leasing Services subindustry, Hiap Tong'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.

Hiap Tong's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hiap Tong's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hiap Tong's Debt-to-Equity falls into.

Hiap Tong Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hiap Tong'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
	=	(24.569	+	43.42)	/	93.605
	=	0.73

Hiap Tong'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
	=	(23.589	+	37.981)	/	95.192
	=	0.65

Hiap Tong (SGX:5PO) 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.

Hiap Tong Debt-to-Equity Related Terms

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

Hiap Tong (SGX:5PO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hiap Tong Corp Ltd (SGX:5PO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Soon lee Road, Singapore, SGP, 628082

Website

https://www.hiaptong.com

Hiap Tong Corp Ltd is mainly involved in the renting of cranes, prime movers, heavy machinery, and equipment and trading of cranes and heavy equipment. The company's products are used by the marine, petrochemical, and construction industries. It operates in two segments namely lifting and haulage services, and port services. The company also focuses on providing load test and drop test services for marine offshore and engineering industries. Its geographical segments include Singapore and Malaysia, of which the majority of the revenue comes from Singapore.

Hiap Tong (SGX:5PO) Headlines

No Headlines