Umax Group (Umax Group) Debt-to-Equity : -1.31 (As of Apr. 2018)

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What is Umax Group Debt-to-Equity?

Umax Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2018 was $0.00 Mil. Umax Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2018 was $0.09 Mil. Umax Group's Total Stockholders Equity for the quarter that ended in Apr. 2018 was $-0.07 Mil. Umax Group's debt to equity for the quarter that ended in Apr. 2018 was -1.31.

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

UMAX's Debt-to-Equity is not ranked ^*
in the Media - Diversified industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Umax Group Debt-to-Equity Historical Data

The historical data trend for Umax 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.

* Premium members only.

Umax Group Debt-to-Equity Chart

Umax Group Annual Data

Trend

Apr12

Apr13

Apr17

Apr18

Debt-to-Equity

0.37

-1.31

Umax Group Semi-Annual Data
	Apr12	Apr13	Apr17	Apr18
Debt-to-Equity	-	-	0.37	-1.31

Competitive Comparison of Umax Group's Debt-to-Equity

For the Entertainment subindustry, Umax 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.

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

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

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

Umax Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Umax Group's Debt to Equity Ratio for the fiscal year that ended in Apr. 2018 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
	=	(0	+	0.093)	/	-0.071
	=	-1.31

Umax Group's Debt to Equity Ratio for the quarter that ended in Apr. 2018 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
	=	(0	+	0.093)	/	-0.071
	=	-1.31

Umax Group (OTCPK:UMAX) 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.

Umax Group Debt-to-Equity Related Terms

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Umax Group (Umax Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Umax Group Corp (OTCPK:UMAX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2020 Bay Street, Los Angeles, CA, USA, 90012

Website

https://www.umaxgrpcorp.com

Umax Group Corp is a media development company which is concentrated on producing its original content with the intent of selling that content to one of the many streaming companies such as Netflix, Hulu, Showtime, Disney plus etc. and having their own streaming platforms on website and YouTube channels.