Sing Tao News (Sing Tao News) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Sing Tao News Debt-to-Equity?

Sing Tao News's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.3 Mil. Sing Tao News's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.7 Mil. Sing Tao News's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $217.8 Mil. Sing Tao News's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 Sing Tao News's Debt-to-Equity or its related term are showing as below:

STAOF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.02
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Sing Tao News was 0.02. The lowest was 0.00. And the median was 0.01.

STAOF's Debt-to-Equity is ranked better than
99.88% of 846 companies
in the Media - Diversified industry
Industry Median: 0.29 vs STAOF: 0.01

Sing Tao News Debt-to-Equity Historical Data

The historical data trend for Sing Tao News'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.

Sing Tao News Debt-to-Equity Chart

Sing Tao News Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.02

0.01

0.02

0.01

Sing Tao News Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.01	0.02	0.02	0.01

Competitive Comparison of Sing Tao News's Debt-to-Equity

For the Publishing subindustry, Sing Tao News'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.

Sing Tao News's Debt-to-Equity Distribution in the Media - Diversified Industry

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

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

Sing Tao News Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sing Tao News'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
	=	(1.331	+	1.676)	/	217.786
	=	0.01

Sing Tao News'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
	=	(1.331	+	1.676)	/	217.786
	=	0.01

Sing Tao News (OTCPK:STAOF) 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.

Sing Tao News Debt-to-Equity Related Terms

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

Sing Tao News (Sing Tao News) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sing Tao News Corp Ltd (OTCPK:STAOF) » Definitions » Debt-to-Equity

Traded in Other Exchanges

01105:Hong Kong

Address

7 Chun Cheong Street, Sing Tao News Corporation Building, Tseung Kwan O Industrial Estate, Tseung Kwan O, New Territories, Hong Kong, HKG

Website

https://www.singtaonewscorp.com

Sing Tao News Corp Ltd is an investment holding company. It is principally engaged in the business of publishing and distribution of newspapers, magazines and books to readers in Hong Kong, Canada, the United States of America and Europe, and sales of respective content of such publications in the People's Republic of China including Hong Kong.

Sing Tao News (Sing Tao News) Headlines

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