Chicken Soup for the Soul Entertainment (Chicken Soup for the Soul Entertainment) Debt-to-Equity : -1.03 (As of Mar. 2024)

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What is Chicken Soup for the Soul Entertainment Debt-to-Equity?

Chicken Soup for the Soul Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Chicken Soup for the Soul Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $574.43 Mil. Chicken Soup for the Soul Entertainment's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-555.77 Mil. Chicken Soup for the Soul Entertainment's debt to equity for the quarter that ended in Mar. 2024 was -1.03.

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 Chicken Soup for the Soul Entertainment's Debt-to-Equity or its related term are showing as below:

CSSEP.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.34 Med: 0.47 Max: 28.24
Current: -1.03

During the past 8 years, the highest Debt-to-Equity Ratio of Chicken Soup for the Soul Entertainment was 28.24. The lowest was -1.34. And the median was 0.47.

CSSEP.PFD's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.29 vs CSSEP.PFD: -1.03

Chicken Soup for the Soul Entertainment Debt-to-Equity Historical Data

The historical data trend for Chicken Soup for the Soul Entertainment'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.

Chicken Soup for the Soul Entertainment Debt-to-Equity Chart

Chicken Soup for the Soul Entertainment Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.37

1.48

0.60

6.28

-1.11

Chicken Soup for the Soul Entertainment 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															13.19	28.24	-1.34	-1.11	-1.03

Competitive Comparison of Chicken Soup for the Soul Entertainment's Debt-to-Equity

For the Entertainment subindustry, Chicken Soup for the Soul Entertainment'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.

Chicken Soup for the Soul Entertainment's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Chicken Soup for the Soul Entertainment's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Chicken Soup for the Soul Entertainment's Debt-to-Equity falls into.

Chicken Soup for the Soul Entertainment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chicken Soup for the Soul Entertainment'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
	=	(34.588	+	525.188)	/	-503.406
	=	-1.11

Chicken Soup for the Soul Entertainment's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	574.429)	/	-555.766
	=	-1.03

Chicken Soup for the Soul Entertainment (NAS:CSSEP.PFD) 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.

Chicken Soup for the Soul Entertainment Debt-to-Equity Related Terms

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Chicken Soup for the Soul Entertainment (Chicken Soup for the Soul Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Chicken Soup for the Soul Entertainment Inc (NAS:CSSEP.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CSSE:USA

Address

132 East Putman Avenue, Floor 2W, Cos Cob, CT, USA, 06807

Website

https://www.cssentertainment.com

Chicken Soup for the Soul Entertainment Inc operates streaming video-on-demand networks. The company owns Crackle Plus, which owns and operates a variety of ad-supported and subscription-based VOD networks including Crackle, Chicken Soup for the Soul, Popcornflix, Popcornflix Kids, Truli, Pivotshare, Espanolflix, and FrightPix. The company also acquires and distributes video content through its Screen Media subsidiary and produces original video content through the Chicken Soup for the Soul Television Group.