Huanxi Media Group (HKSE:01003) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Huanxi Media Group Debt-to-Equity?

Huanxi Media Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$14 Mil. Huanxi Media Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4 Mil. Huanxi Media Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,454 Mil. Huanxi Media Group's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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

HKSE:01003' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 0.45
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Huanxi Media Group was 0.45. The lowest was 0.01. And the median was 0.08.

HKSE:01003's Debt-to-Equity is ranked better than
99.88% of 845 companies
in the Media - Diversified industry
Industry Median: 0.29 vs HKSE:01003: 0.01

Huanxi Media Group Debt-to-Equity Historical Data

The historical data trend for Huanxi Media Group'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.

Huanxi Media Group Debt-to-Equity Chart

Huanxi Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.08

0.05

0.07

0.10

0.01

Huanxi Media Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	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															0.07	0.02	0.10	0.05	0.01

Competitive Comparison of Huanxi Media Group's Debt-to-Equity

For the Entertainment subindustry, Huanxi Media Group'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.

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

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

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

Huanxi Media Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Huanxi Media Group'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
	=	(14.319	+	3.549)	/	1453.568
	=	0.01

Huanxi Media Group'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
	=	(14.319	+	3.549)	/	1453.568
	=	0.01

Huanxi Media Group (HKSE:01003) 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.

Huanxi Media Group Debt-to-Equity Related Terms

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

Huanxi Media Group (HKSE:01003) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Huanxi Media Group Ltd (HKSE:01003) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Harcourt Road, 11th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG

Website

https://www.huanximedia.com

Huanxi Media Group Ltd is a media company in China focused on the investment and production of films, drama series, and the operation of a subscription-based online video platform. The company is an investment holding and film investment company. Its subsidiaries are principally engaged in media and entertainment related businesses. Its one reportable segment is the investment in film and TV programmes rights. The current operations of the company are located in the PRC and Hong Kong.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
Newwood Investments Limited	2401 A concert party to an agreement to buy shares
Pacific Wits Limited	2401 A concert party to an agreement to buy shares
Tairong Holdings Limited	2401 A concert party to an agreement to buy shares
Dong Ping	2101 Beneficial owner
Ning Hao	2401 A concert party to an agreement to buy shares
Xu Zheng	2401 A concert party to an agreement to buy shares
Maoyan Entertainment	2101 Beneficial owner
Bilibili Inc.	2101 Beneficial owner

Huanxi Media Group (HKSE:01003) Headlines

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