The Debt/Equity of Keyne Ltd is -4.75
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Keyne Ltd, an investment holding company, primarily engages in the property and hotel development business in Hong Kong and Mainland China. The company is involved in the property rental and centralized heat supply businesses. It also provides management services. The company was formerly known as Nine Express Limited and changed its name to Keyne Ltd in March 2020. Keyne Ltd was incorporated in 2001 and is headquartered in Causeway Bay, Hong Kong.