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Chengdu B-ray Media Co (SHSE:600880) Debt-to-Equity : 0.04 (As of Mar. 2024)


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What is Chengdu B-ray Media Co Debt-to-Equity?

Chengdu B-ray Media Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥82.0 Mil. Chengdu B-ray Media Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥42.4 Mil. Chengdu B-ray Media Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,042.2 Mil. Chengdu B-ray Media Co's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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 Chengdu B-ray Media Co's Debt-to-Equity or its related term are showing as below:

SHSE:600880' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.04
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Chengdu B-ray Media Co was 0.04. The lowest was 0.00. And the median was 0.02.

SHSE:600880's Debt-to-Equity is ranked better than
84.04% of 846 companies
in the Media - Diversified industry
Industry Median: 0.29 vs SHSE:600880: 0.04

Chengdu B-ray Media Co Debt-to-Equity Historical Data

The historical data trend for Chengdu B-ray Media Co'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.

Chengdu B-ray Media Co Debt-to-Equity Chart

Chengdu B-ray Media Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.02 0.04 0.03

Chengdu B-ray Media Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.02 0.02 0.03 0.04

Competitive Comparison of Chengdu B-ray Media Co's Debt-to-Equity

For the Publishing subindustry, Chengdu B-ray Media Co'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.


Chengdu B-ray Media Co's Debt-to-Equity Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Chengdu B-ray Media Co's Debt-to-Equity falls into.



Chengdu B-ray Media Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chengdu B-ray Media Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Chengdu B-ray Media Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Chengdu B-ray Media Co  (SHSE:600880) 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.


Chengdu B-ray Media Co Debt-to-Equity Related Terms

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Chengdu B-ray Media Co (SHSE:600880) Business Description

Traded in Other Exchanges
N/A
Address
Jinjiang Industrial Park, Sichuan Province, Chengdu, CHN, 610063
Chengdu B-ray Media Co Ltd is a China-based media company which operates newspaper and commercial printing services, outdoor and agent advertising, as well as newspaper and magazine printing and delivery, and the operation of online games.
Executives
Lv Gong Yi Director
Xu Xiao Dong senior management
Jiang Xue Mei Director
Zhang Yue Ming Supervisors
Meng Fang Lan Supervisors
Gou Jun senior management
Cao Jian Chun Director
Li Xiang Yu senior management
Wei Xiao senior management
Yuan Ji Guo Director
Luo Chong Yang senior management
Zhang Fu Mao Director
Li Zhi Gang Supervisors
Qi Yong senior management
Sun Xu Jun Director

Chengdu B-ray Media Co (SHSE:600880) Headlines

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