China Ruyi Holdings (HKSE:00136) Debt-to-Equity : 0.16 (As of Dec. 2023)

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What is China Ruyi Holdings Debt-to-Equity?

China Ruyi Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$144 Mil. China Ruyi Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,840 Mil. China Ruyi Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$12,073 Mil. China Ruyi Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.16.

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 China Ruyi Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:00136' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.86 Med: 0.06 Max: 0.28
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of China Ruyi Holdings was 0.28. The lowest was -1.86. And the median was 0.06.

HKSE:00136's Debt-to-Equity is ranked better than
62.29% of 846 companies
in the Media - Diversified industry
Industry Median: 0.29 vs HKSE:00136: 0.16

China Ruyi Holdings Debt-to-Equity Historical Data

The historical data trend for China Ruyi 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.

China Ruyi Holdings Debt-to-Equity Chart

China Ruyi Holdings Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.07

0.01

0.28

0.23

0.16

China Ruyi Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.28	0.27	0.23	0.25	0.16

Competitive Comparison of China Ruyi Holdings's Debt-to-Equity

For the Entertainment subindustry, China Ruyi 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.

China Ruyi Holdings's Debt-to-Equity Distribution in the Media - Diversified Industry

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

* The bar in red indicates where China Ruyi Holdings's Debt-to-Equity falls into.

China Ruyi Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Ruyi Holdings'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
	=	(143.674	+	1840.478)	/	12072.628
	=	0.16

China Ruyi Holdings'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
	=	(143.674	+	1840.478)	/	12072.628
	=	0.16

China Ruyi Holdings (HKSE:00136) 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.

China Ruyi Holdings Debt-to-Equity Related Terms

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

China Ruyi Holdings (HKSE:00136) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » China Ruyi Holdings Ltd (HKSE:00136) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

4Z81:Germany

Address

38 Gloucester Road, 15th Floor, China Evergrande Centre, Wanchai, Hong Kong, HKG

Website

https://www.ryholdings.com

China Ruyi Holdings Ltd is a streaming media company engaged in deploying internet streaming media business. The group is organised into three business segments: content production and online streaming business, internet community and related businesses; and manufacture and sales of accessories. The content production and online streaming business generate majority of its revenue.

Executives

Ke Liming	2201 Interest of corporation controlled by you
Virtual Cinema Holding Limited	2201 Interest of corporation controlled by you
Tencent Holdings Limited
Eagle Smart Capital Investment Group Limited	2101 Beneficial owner
Li Shao Yu	2201 Interest of corporation controlled by you

China Ruyi Holdings (HKSE:00136) Headlines

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