Heng Sheng Holding Group Co (XKRX:900270) Debt-to-Equity : 0.13 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Heng Sheng Holding Group Co Debt-to-Equity?

Heng Sheng Holding Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩39,041 Mil. Heng Sheng Holding Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩543 Mil. Heng Sheng Holding Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩317,507 Mil. Heng Sheng Holding Group Co's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

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 Heng Sheng Holding Group Co's Debt-to-Equity or its related term are showing as below:

XKRX:900270' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.14 Max: 0.41
Current: 0.13

During the past 9 years, the highest Debt-to-Equity Ratio of Heng Sheng Holding Group Co was 0.41. The lowest was 0.13. And the median was 0.14.

XKRX:900270's Debt-to-Equity is ranked better than
78.61% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs XKRX:900270: 0.13

Heng Sheng Holding Group Co Debt-to-Equity Historical Data

The historical data trend for Heng Sheng Holding 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.

* Premium members only.

Heng Sheng Holding Group Co Debt-to-Equity Chart

Heng Sheng Holding Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.13

0.14

0.13

Heng Sheng Holding Group Co 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															0.14	0.14	0.14	0.14	0.13

Competitive Comparison of Heng Sheng Holding Group Co's Debt-to-Equity

For the Leisure subindustry, Heng Sheng Holding 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.

Heng Sheng Holding Group Co's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Heng Sheng Holding Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Heng Sheng Holding Group Co's Debt-to-Equity falls into.

Heng Sheng Holding Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Heng Sheng Holding 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
	=	(39040.763	+	542.52)	/	317507.321
	=	0.12

Heng Sheng Holding 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
	=	(39040.763	+	542.52)	/	317507.321
	=	0.12

Heng Sheng Holding Group Co (XKRX:900270) 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.

Heng Sheng Holding Group Co Debt-to-Equity Related Terms

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

Heng Sheng Holding Group Co (XKRX:900270) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Heng Sheng Holding Group Co Ltd (XKRX:900270) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

72-80 Hoi Yuen Road, Room 6, 3/F., Lladro Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.hsfamilyent.com

Heng Sheng Holding Group Co Ltd is a toys manufacturing company. The company is engaged in the production of smart toys, children's wear, animation, IP contents in Hong Kong. Its products are exported to Europe, Korea, Japan and other countries and regions.

Heng Sheng Holding Group Co (XKRX:900270) Headlines

No Headlines