ZO Future Group (HKSE:02309) Debt-to-Equity : 0.84 (As of Dec. 2023)

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What is ZO Future Group Debt-to-Equity?

ZO Future Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$57.1 Mil. ZO Future Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$352.3 Mil. ZO Future Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$486.7 Mil. ZO Future Group's debt to equity for the quarter that ended in Dec. 2023 was 0.84.

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

HKSE:02309' s Debt-to-Equity Range Over the Past 10 Years
Min: -9.06 Med: 0.7 Max: 16.1
Current: 0.84

During the past 13 years, the highest Debt-to-Equity Ratio of ZO Future Group was 16.10. The lowest was -9.06. And the median was 0.70.

HKSE:02309's Debt-to-Equity is ranked worse than
74.11% of 846 companies
in the Media - Diversified industry
Industry Median: 0.29 vs HKSE:02309: 0.84

ZO Future Group Debt-to-Equity Historical Data

The historical data trend for ZO Future 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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ZO Future Group Debt-to-Equity Chart

ZO Future Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.36

1.58

0.74

0.89

0.66

ZO Future 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															0.66	0.89	0.47	0.66	0.84

Competitive Comparison of ZO Future Group's Debt-to-Equity

For the Entertainment subindustry, ZO Future 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.

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

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

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

ZO Future Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ZO Future Group's Debt to Equity Ratio for the fiscal year 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
	=	(242.208	+	98.573)	/	520.051
	=	0.66

ZO Future 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
	=	(57.061	+	352.347)	/	486.715
	=	0.84

ZO Future Group (HKSE:02309) 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.

ZO Future Group Debt-to-Equity Related Terms

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

ZO Future Group (HKSE:02309) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » ZO Future Group (HKSE:02309) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 28 Heung Yip Road, 31st Floor, Vertical Square, Wong Chuk Hang, Hong Kong, HKG

Website

https://www.bshl.com.hk

ZO Future Group is an investment holding company principally engaged in the operation of the football club in the United Kingdom. The activity of the company includes offering season and match day tickets, television broadcasting, and local media businesses. Its segments are the operation of a professional football club; Investment in properties; and healthcare business. The company's activity primarily functions in the United Kingdom and it generates revenue through corporate hospitality income, merchandising income, sponsorship income, and conference income. The company generates the majority of its revenue from the operation of a professional football club in the UK.

Executives

Trillion Trophy Asia Limited	2101 Beneficial owner
Wealthy Associates International Limited	2201 Interest of corporation controlled by you
Graticity Real Estate Development Co., Ltd	2201 Interest of corporation controlled by you
Vong Pech	2201 Interest of corporation controlled by you
Lei Sutong	2201 Interest of corporation controlled by you
Suen Cho Hung, Paul	2201 Interest of corporation controlled by you
Yong Ju You Xian Gong Si	2101 Beneficial owner
Hong Long You Xian Gong Si	2101 Beneficial owner

ZO Future Group (HKSE:02309) Headlines

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