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Guangxi Radio and Television Information Network (SHSE:600936) Debt-to-Equity : 3.13 (As of Mar. 2024)


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What is Guangxi Radio and Television Information Network Debt-to-Equity?

Guangxi Radio and Television Information Network's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,223 Mil. Guangxi Radio and Television Information Network's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,038 Mil. Guangxi Radio and Television Information Network's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,361 Mil. Guangxi Radio and Television Information Network's debt to equity for the quarter that ended in Mar. 2024 was 3.13.

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 Guangxi Radio and Television Information Network's Debt-to-Equity or its related term are showing as below:

SHSE:600936' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18   Med: 0.66   Max: 3.13
Current: 3.13

During the past 13 years, the highest Debt-to-Equity Ratio of Guangxi Radio and Television Information Network was 3.13. The lowest was 0.18. And the median was 0.66.

SHSE:600936's Debt-to-Equity is ranked worse than
93.5% of 846 companies
in the Media - Diversified industry
Industry Median: 0.285 vs SHSE:600936: 3.13

Guangxi Radio and Television Information Network Debt-to-Equity Historical Data

The historical data trend for Guangxi Radio and Television Information Network'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.

Guangxi Radio and Television Information Network Debt-to-Equity Chart

Guangxi Radio and Television Information Network 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 0.64 1.11 1.47 2.06 2.68

Guangxi Radio and Television Information Network 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 2.03 2.13 2.33 2.68 3.13

Competitive Comparison of Guangxi Radio and Television Information Network's Debt-to-Equity

For the Entertainment subindustry, Guangxi Radio and Television Information Network'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.


Guangxi Radio and Television Information Network's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Guangxi Radio and Television Information Network's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Guangxi Radio and Television Information Network's Debt-to-Equity falls into.



Guangxi Radio and Television Information Network Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Guangxi Radio and Television Information Network's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Guangxi Radio and Television Information Network'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.


Guangxi Radio and Television Information Network  (SHSE:600936) 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.


Guangxi Radio and Television Information Network Debt-to-Equity Related Terms

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Guangxi Radio and Television Information Network (SHSE:600936) Business Description

Traded in Other Exchanges
N/A
Address
No.8 Jinghui Lane, Yunjing Road, Hao Guangxi Broadcasting Network Complex, Nanning, CHN, 530007
Guangxi Radio and Television Information Network Corp Ltd is a China-based company principally engaged in the construction and operation of radio and television network, radio and television program transmission, data network business, as well as the development and operation of Digital Television (TV) value-added services. The firm's main business includes basic TV business, the installation of cable TV business, digital TV value-added services, program transmission, data network business, as well as the wholesale of broadcast television equipment.

Guangxi Radio and Television Information Network (SHSE:600936) Headlines

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