Grand Vision Media Holdings (LSE:GVMH) Debt-to-Equity : -0.63 (As of Dec. 2023)

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What is Grand Vision Media Holdings Debt-to-Equity?

Grand Vision Media Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £2.22 Mil. Grand Vision Media Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.67 Mil. Grand Vision Media Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £-4.56 Mil. Grand Vision Media Holdings's debt to equity for the quarter that ended in Dec. 2023 was -0.63.

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

LSE:GVMH' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.57 Med: -0.67 Max: -0.62
Current: -0.63

During the past 8 years, the highest Debt-to-Equity Ratio of Grand Vision Media Holdings was -0.62. The lowest was -1.57. And the median was -0.67.

LSE:GVMH's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.29 vs LSE:GVMH: -0.63

Grand Vision Media Holdings Debt-to-Equity Historical Data

The historical data trend for Grand Vision Media 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.

Grand Vision Media Holdings Debt-to-Equity Chart

Grand Vision Media Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

-0.99

-0.62

-0.63

-0.67

-0.63

Grand Vision Media Holdings Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										-0.63	-0.63	-0.67	-0.65	-0.63

Competitive Comparison of Grand Vision Media Holdings's Debt-to-Equity

For the Advertising Agencies subindustry, Grand Vision Media 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.

Grand Vision Media Holdings's Debt-to-Equity Distribution in the Media - Diversified Industry

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

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

Grand Vision Media Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grand Vision Media 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
	=	(2.217	+	0.665)	/	-4.558
	=	-0.63

Grand Vision Media 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
	=	(2.217	+	0.665)	/	-4.558
	=	-0.63

Grand Vision Media Holdings (LSE:GVMH) 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.

Grand Vision Media Holdings Debt-to-Equity Related Terms

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

Grand Vision Media Holdings (LSE:GVMH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Grand Vision Media Holdings PLC (LSE:GVMH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-7 Cranwood Street, Finsgate, London, GBR, EC2M 7LD

Website

https://www.gvmh.co.uk

Grand Vision Media Holdings PLC is an integrated digital out-of-home media provider by deploying display and marketing technologies at strategic, and high-traffic locations. The company has a single segment being social media advertising and operates in the People's Republic of China.

Grand Vision Media Holdings (LSE:GVMH) Headlines

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