Spackman Entertainment Group (SGX:40E) Debt-to-Equity : 0.19 (As of Dec. 2023)

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What is Spackman Entertainment Group Debt-to-Equity?

Spackman Entertainment Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$3.98 Mil. Spackman Entertainment Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.56 Mil. Spackman Entertainment Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$24.19 Mil. Spackman Entertainment Group's debt to equity for the quarter that ended in Dec. 2023 was 0.19.

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

SGX:40E' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.18 Max: 1.02
Current: 0.19

During the past 11 years, the highest Debt-to-Equity Ratio of Spackman Entertainment Group was 1.02. The lowest was 0.10. And the median was 0.18.

SGX:40E's Debt-to-Equity is ranked better than
58.93% of 845 companies
in the Media - Diversified industry
Industry Median: 0.29 vs SGX:40E: 0.19

Spackman Entertainment Group Debt-to-Equity Historical Data

The historical data trend for Spackman Entertainment 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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Spackman Entertainment Group Debt-to-Equity Chart

Spackman Entertainment Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.18

0.28

0.10

0.11

0.19

Spackman Entertainment Group Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.10	0.09	0.11	0.15	0.19

Competitive Comparison of Spackman Entertainment Group's Debt-to-Equity

For the Entertainment subindustry, Spackman Entertainment 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.

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

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

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

Spackman Entertainment Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Spackman Entertainment 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
	=	(3.984	+	0.558)	/	24.188
	=	0.19

Spackman Entertainment 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
	=	(3.984	+	0.558)	/	24.188
	=	0.19

Spackman Entertainment Group (SGX:40E) 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.

Spackman Entertainment Group Debt-to-Equity Related Terms

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

Spackman Entertainment Group (SGX:40E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Spackman Entertainment Group Ltd (SGX:40E) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

390 Orchard Road, No. 04-01 Palais Renaissance, Singapore, SGP, 238871

Website

https://spackmanentertainmentgroup.com

Spackman Entertainment Group Ltd is engaged in the independent development, production, presentation, and financing of theatrical motion pictures in Korea. In addition to the film business, it also makes investments in entertainment companies and film funds. The business of the company operates in various segments that include the Distribution of Films, Production of Films, Leasing of Equipment, and Others. Distribution of Film segment generates maximum revenue for the company. The company caters only to the Korean market.

Spackman Entertainment Group (SGX:40E) Headlines

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