A Metaverse Co (HKSE:01616) Debt-to-Equity : 0.43 (As of Dec. 2023)

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What is A Metaverse Co Debt-to-Equity?

A Metaverse Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$94.95 Mil. A Metaverse Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.30 Mil. A Metaverse Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$222.17 Mil. A Metaverse Co's debt to equity for the quarter that ended in Dec. 2023 was 0.43.

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 A Metaverse Co's Debt-to-Equity or its related term are showing as below:

HKSE:01616' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.48 Max: 0.89
Current: 0.43

During the past 13 years, the highest Debt-to-Equity Ratio of A Metaverse Co was 0.89. The lowest was 0.28. And the median was 0.48.

HKSE:01616's Debt-to-Equity is ranked worse than
58.53% of 844 companies
in the Media - Diversified industry
Industry Median: 0.29 vs HKSE:01616: 0.43

A Metaverse Co Debt-to-Equity Historical Data

The historical data trend for A Metaverse 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.

A Metaverse Co Debt-to-Equity Chart

A Metaverse Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.51

0.28

0.34

0.57

0.43

A Metaverse Co 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															0.34	N/A	0.57	0.56	0.43

Competitive Comparison of A Metaverse Co's Debt-to-Equity

For the Entertainment subindustry, A Metaverse 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.

A Metaverse Co's Debt-to-Equity Distribution in the Media - Diversified Industry

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

* The bar in red indicates where A Metaverse Co's Debt-to-Equity falls into.

A Metaverse Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

A Metaverse Co'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
	=	(94.948	+	0.301)	/	222.172
	=	0.43

A Metaverse Co'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
	=	(94.948	+	0.301)	/	222.172
	=	0.43

A Metaverse Co (HKSE:01616) 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.

A Metaverse Co Debt-to-Equity Related Terms

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

A Metaverse Co (HKSE:01616) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » A Metaverse Co (HKSE:01616) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 13, Zuojiazhuangdongli, 102, Tower C, Shangkangcheng, Chaoyang District, Beijing, CHN

Website

https://www.starrise.cn

A Metaverse Co is an investment holding company. The business activity of the company is operated through Media segment. The Media segment produces, distributes and licenses television drama series and provision of related services. Geographically, it derives a majority of revenue from China.

Executives

Cinedigm Corp.	2101 Beneficial owner
Aim Right Ventures Limited	2201 Interest of corporation controlled by you
Liu Zhihua	2201 Interest of corporation controlled by you
Link Wealth Holding Limited	2101 Beneficial owner
Beitai Investment Limited
Deng Di	2101 Beneficial owner
Wang Jian
Beitai Investment Lp
Shen Si	2202 Interest of your spouse
Jin Peng	2201 Interest of corporation controlled by you
Emerge Ventures Limited	2101 Beneficial owner
Zhu Shanshan	2202 Interest of your spouse
Deng Di	2201 Interest of corporation controlled by you
Wang Lingli	2202 Interest of your spouse
Liu Dong	2201 Interest of corporation controlled by you

A Metaverse Co (HKSE:01616) Headlines

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