Digital Domain Holdings (HKSE:00547) Debt-to-Equity : 0.67 (As of Dec. 2023)

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What is Digital Domain Holdings Debt-to-Equity?

Digital Domain Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$143.5 Mil. Digital Domain Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$304.2 Mil. Digital Domain Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$671.5 Mil. Digital Domain Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.67.

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 Digital Domain Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:00547' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.65 Max: 1.53
Current: 0.67

During the past 13 years, the highest Debt-to-Equity Ratio of Digital Domain Holdings was 1.53. The lowest was 0.22. And the median was 0.65.

HKSE:00547's Debt-to-Equity is ranked worse than
68.95% of 847 companies
in the Media - Diversified industry
Industry Median: 0.28 vs HKSE:00547: 0.67

Digital Domain Holdings Debt-to-Equity Historical Data

The historical data trend for Digital Domain Holdings'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.

Digital Domain Holdings Debt-to-Equity Chart

Digital Domain Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.31

0.49

0.63

1.18

0.67

Digital Domain Holdings 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															0.63	0.88	1.18	0.71	0.67

Competitive Comparison of Digital Domain Holdings's Debt-to-Equity

For the Entertainment subindustry, Digital Domain Holdings'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.

Digital Domain Holdings's Debt-to-Equity Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Digital Domain Holdings's Debt-to-Equity falls into.

Digital Domain Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Digital Domain Holdings'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
	=	(143.516	+	304.178)	/	671.473
	=	0.67

Digital Domain Holdings'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
	=	(143.516	+	304.178)	/	671.473
	=	0.67

Digital Domain Holdings (HKSE:00547) 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.

Digital Domain Holdings Debt-to-Equity Related Terms

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Digital Domain Holdings (HKSE:00547) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Digital Domain Holdings Ltd (HKSE:00547) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Suite 2005, 20th Floor, West Tower, Shun Tak Centre, Hong Kong, HKG

Website

https://www.digitaldomain.com

Digital Domain Holdings is an investment holdings company primarily operating in the diversified media industry. The company operates through its media and entertainment segment. The segment offers visual effects services, virtual reality creation services, 360-degree camera technology, and related hardware and services. The company primarily operates in China, the United States, Canada, and the United Kingdom. The majority of the company's revenue is earned from United States.

Digital Domain Holdings (HKSE:00547) Headlines

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