GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Zhejiang Talent Television & Film Co Ltd (SZSE:300426) » Definitions » Debt-to-Equity

Zhejiang Talent Television & Film Co (SZSE:300426) Debt-to-Equity : 2.85 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Zhejiang Talent Television & Film Co Debt-to-Equity?

Zhejiang Talent Television & Film Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥425.0 Mil. Zhejiang Talent Television & Film Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥13.8 Mil. Zhejiang Talent Television & Film Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥154.1 Mil. Zhejiang Talent Television & Film Co's debt to equity for the quarter that ended in Mar. 2024 was 2.85.

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 Zhejiang Talent Television & Film Co's Debt-to-Equity or its related term are showing as below:

SZSE:300426' s Debt-to-Equity Range Over the Past 10 Years
Min: -16   Med: 2.85   Max: 19.69
Current: 2.85

During the past 13 years, the highest Debt-to-Equity Ratio of Zhejiang Talent Television & Film Co was 19.69. The lowest was -16.00. And the median was 2.85.

SZSE:300426's Debt-to-Equity is ranked worse than
93.03% of 846 companies
in the Media - Diversified industry
Industry Median: 0.29 vs SZSE:300426: 2.85

Zhejiang Talent Television & Film Co Debt-to-Equity Historical Data

The historical data trend for Zhejiang Talent Television & Film 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.

Zhejiang Talent Television & Film Co Debt-to-Equity Chart

Zhejiang Talent Television & Film 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 4.49 6.89 2.91 3.23 3.20

Zhejiang Talent Television & Film 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 3.30 5.99 3.54 3.20 2.85

Competitive Comparison of Zhejiang Talent Television & Film Co's Debt-to-Equity

For the Entertainment subindustry, Zhejiang Talent Television & Film 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.


Zhejiang Talent Television & Film Co's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Zhejiang Talent Television & Film Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zhejiang Talent Television & Film Co's Debt-to-Equity falls into.



Zhejiang Talent Television & Film Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhejiang Talent Television & Film Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Zhejiang Talent Television & Film 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.


Zhejiang Talent Television & Film Co  (SZSE:300426) 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.


Zhejiang Talent Television & Film Co Debt-to-Equity Related Terms

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


Zhejiang Talent Television & Film Co (SZSE:300426) Business Description

Traded in Other Exchanges
N/A
Address
No. 16 Huayuan Road, Haidian District, Beijing, CHN, 100088
Zhejiang Talent Television & Film Co Ltd is engaged in investment, production, promotion, and distribution of both domestic and imported films.
Executives
Li Min Executives
Wang Zhi Qiang Executives
Yu Hui Supervisors
Li Huan Executives
Zheng Min Peng Directors, executives
Fu Bo Lan Supervisors
Zhao Jian Director
Gu Yuan Feng Directors, Directors, and Executives
Wu Hong Liang Directors, executives

Zhejiang Talent Television & Film Co (SZSE:300426) Headlines

No Headlines