Marvion (Marvion) Debt-to-Equity : -0.02 (As of Dec. 2023)

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What is Marvion Debt-to-Equity?

Marvion's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.17 Mil. Marvion's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Marvion's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-10.19 Mil. Marvion's debt to equity for the quarter that ended in Dec. 2023 was -0.02.

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 Marvion's Debt-to-Equity or its related term are showing as below:

MVNCD' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.02 Med: -0.02 Max: -0.02
Current: -0.02

During the past 10 years, the highest Debt-to-Equity Ratio of Marvion was -0.02. The lowest was -0.02. And the median was -0.02.

MVNCD's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.285 vs MVNCD: -0.02

Marvion Debt-to-Equity Historical Data

The historical data trend for Marvion'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.

Marvion Debt-to-Equity Chart

Marvion Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-0.48

-0.02

Marvion Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	-0.02	-0.02	-0.02	-0.02

Competitive Comparison of Marvion's Debt-to-Equity

For the Entertainment subindustry, Marvion'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.

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

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

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

Marvion Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Marvion'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
	=	(0.17	+	0)	/	-10.193
	=	-0.02

Marvion'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
	=	(0.17	+	0)	/	-10.193
	=	-0.02

Marvion (OTCPK:MVNCD) 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.

Marvion Debt-to-Equity Related Terms

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

Marvion (Marvion) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Marvion Inc (OTCPK:MVNCD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Temasek Avenue, 21st Floor, Centennial Tower, Singapore, SGP, 039190

Website

https://www.marvion.media

Marvion Inc engaged in the media distribution business. It provides authentication, valuation and certification service, sale and purchase, hire purchase, financing, custody, security and exhibition services to buyers of movie and music media through traditional channels as well as through leveraging blockchain technology through the creation of Digital Ownership Tokens (DOT). The company operates in two business segments; a DOT solution service business through its subsidiary in Singapore which generates the majority of the revenue, and strategic business and management advisory services through its subsidiary in Hong Kong.