Baosheng Media Group Holdings (Baosheng Media Group Holdings) Debt-to-Equity : 0.03 (As of Jun. 2023)

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What is Baosheng Media Group Holdings Debt-to-Equity?

Baosheng Media Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $1.38 Mil. Baosheng Media Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Baosheng Media Group Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $43.29 Mil. Baosheng Media Group Holdings's debt to equity for the quarter that ended in Jun. 2023 was 0.03.

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 Baosheng Media Group Holdings's Debt-to-Equity or its related term are showing as below:

BAOS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.15
Current: 0.03

During the past 5 years, the highest Debt-to-Equity Ratio of Baosheng Media Group Holdings was 0.15. The lowest was 0.01. And the median was 0.03.

BAOS's Debt-to-Equity is ranked better than
87.72% of 847 companies
in the Media - Diversified industry
Industry Median: 0.28 vs BAOS: 0.03

Baosheng Media Group Holdings Debt-to-Equity Historical Data

The historical data trend for Baosheng Media 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.

Baosheng Media Group Holdings Debt-to-Equity Chart

Baosheng Media Group Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.15

0.05

0.01

0.03

Baosheng Media Group Holdings Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial					0.02	0.01	0.01	0.03	0.03

Competitive Comparison of Baosheng Media Group Holdings's Debt-to-Equity

For the Advertising Agencies subindustry, Baosheng Media 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.

Baosheng Media Group Holdings's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Baosheng Media Group Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Baosheng Media Group Holdings's Debt-to-Equity falls into.

Baosheng Media Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Baosheng Media Group Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(1.45	+	0)	/	45.437
	=	0.03

Baosheng Media Group Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(1.379	+	0)	/	43.285
	=	0.03

Baosheng Media Group Holdings (NAS:BAOS) 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.

Baosheng Media Group Holdings Debt-to-Equity Related Terms

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Baosheng Media Group Holdings (Baosheng Media Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Baosheng Media Group Holdings Ltd (NAS:BAOS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building No. 8, Xishanhui, East Floor 5, Shijingshan District, Beijing, CHN, 100041

Website

http://www.bsacme.com

Baosheng Media Group Holdings Ltd operates as a V-log streaming marketing service provider. The firm offers comprehensive marketing solutions. Its services are Internet effect marketing, V-log or short video streaming marketing including content production and operation, e-commerce marketing, original big data platform system service, and AI technology. It provides one-stop and full-link deep customized marketing solutions for partners. Baosheng Group is also a core agency of domestic Internet companies such as Tencent, Alibaba, Bytedance, and Kuaishou, with performing channel marketing services, technologies, and applications.