Alibaba Pictures Group (HKSE:01060) Debt-to-Equity : 0.01 (As of Sep. 2023)

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What is Alibaba Pictures Group Debt-to-Equity?

Alibaba Pictures Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$14 Mil. Alibaba Pictures Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$77 Mil. Alibaba Pictures Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$15,729 Mil. Alibaba Pictures Group's debt to equity for the quarter that ended in Sep. 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 Alibaba Pictures Group's Debt-to-Equity or its related term are showing as below:

HKSE:01060' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.13
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Alibaba Pictures Group was 0.13. The lowest was 0.00. And the median was 0.04.

HKSE:01060's Debt-to-Equity is ranked better than
99.88% of 844 companies
in the Media - Diversified industry
Industry Median: 0.285 vs HKSE:01060: 0.01

Alibaba Pictures Group Debt-to-Equity Historical Data

The historical data trend for Alibaba Pictures 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.

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Alibaba Pictures Group Debt-to-Equity Chart

Alibaba Pictures Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.05

0.02

0.01

Alibaba Pictures Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.02	0.01	0.01	0.01	0.01

Competitive Comparison of Alibaba Pictures Group's Debt-to-Equity

For the Entertainment subindustry, Alibaba Pictures 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.

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

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

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

Alibaba Pictures Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alibaba Pictures Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(30.982	+	135.046)	/	16025.47
	=	0.01

Alibaba Pictures Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(14.475	+	77.005)	/	15729.237
	=	0.01

Alibaba Pictures Group (HKSE:01060) 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.

Alibaba Pictures Group Debt-to-Equity Related Terms

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Alibaba Pictures Group (HKSE:01060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Alibaba Pictures Group Ltd (HKSE:01060) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CBW:Germany

Address

1 Matheson Street, 26th Floor, Tower One, Times Square, Causeway Bay, Hong Kong, HKG

Website

http://www.alibabapictures.com

Alibaba Pictures Group Ltd a subsidiary of the Alibaba Group, is a diversified media company headquartered in China that operates in the entertainment industry. The company has three business segments: Technology, Content production, and IP merchandising and commercialization. The Technology segment provides Internet-based ticketing services to consumers and offers Internet-based promotion and distribution services to cinemas. The integrated development unit develops, licenses, and merchandises intellectual property. The content production business engages in planning, developing, and producing films and TV drama series. The Content segment generates most of the company's revenue.

Alibaba Pictures Group (HKSE:01060) Headlines

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