Hoe Leong (SGX:H20) Debt-to-Equity : 0.50 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Hoe Leong Debt-to-Equity?

Hoe Leong's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$8.50 Mil. Hoe Leong's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$4.19 Mil. Hoe Leong's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$25.45 Mil. Hoe Leong's debt to equity for the quarter that ended in Dec. 2023 was 0.50.

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 Hoe Leong's Debt-to-Equity or its related term are showing as below:

SGX:H20' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.6 Med: 1.46 Max: 4.24
Current: 0.5

During the past 13 years, the highest Debt-to-Equity Ratio of Hoe Leong was 4.24. The lowest was -2.60. And the median was 1.46.

SGX:H20's Debt-to-Equity is ranked better than
51.49% of 134 companies
in the Industrial Distribution industry
Industry Median: 0.5 vs SGX:H20: 0.50

Hoe Leong Debt-to-Equity Historical Data

The historical data trend for Hoe Leong'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.

Hoe Leong Debt-to-Equity Chart

Hoe Leong Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

3.85

1.76

1.62

0.51

0.50

Hoe Leong Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.62	0.70	0.51	0.48	0.50

Competitive Comparison of Hoe Leong's Debt-to-Equity

For the Industrial Distribution subindustry, Hoe Leong'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.

Hoe Leong's Debt-to-Equity Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hoe Leong's Debt-to-Equity distribution charts can be found below:

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

Hoe Leong Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hoe Leong'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
	=	(8.5	+	4.19)	/	25.448
	=	0.50

Hoe Leong'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
	=	(8.5	+	4.19)	/	25.448
	=	0.50

Hoe Leong (SGX:H20) 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.

Hoe Leong Debt-to-Equity Related Terms

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

Hoe Leong (SGX:H20) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Hoe Leong Corp Ltd (SGX:H20) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Clementi Loop, Singapore, SGP, 129814

Website

https://www.hoeleong.com

Hoe Leong Corp Ltd is engaged in the designing, manufacturing, sale, and distribution of machinery parts and vessel chartering business. The operating segment of the company is Design and manufacture and Trading and distribution. The Design and manufacture segment, which is the key revenue driver for the company, is involved in the design, manufacture, and sale of equipment parts for heavy equipment and industrial machinery. It's Trading and distribution segment comprises trading and distribution of equipment parts for both heavy equipment and industrial machinery sourced from third parties.

Hoe Leong (SGX:H20) Headlines

No Headlines