FingerTango (HKSE:06860) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is FingerTango Debt-to-Equity?

FingerTango's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$7.0 Mil. FingerTango's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$15.1 Mil. FingerTango's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$859.4 Mil. FingerTango's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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

HKSE:06860' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.04
Current: 0.03

During the past 9 years, the highest Debt-to-Equity Ratio of FingerTango was 0.04. The lowest was 0.00. And the median was 0.03.

HKSE:06860's Debt-to-Equity is ranked better than
82.63% of 426 companies
in the Interactive Media industry
Industry Median: 0.15 vs HKSE:06860: 0.03

FingerTango Debt-to-Equity Historical Data

The historical data trend for FingerTango'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.

FingerTango Debt-to-Equity Chart

FingerTango Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.04

0.03

FingerTango Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											0.04	0.04	0.03	0.03	0.03

Competitive Comparison of FingerTango's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, FingerTango'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.

FingerTango's Debt-to-Equity Distribution in the Interactive Media Industry

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

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

FingerTango Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FingerTango'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
	=	(7.018	+	15.074)	/	859.419
	=	0.03

FingerTango'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
	=	(7.018	+	15.074)	/	859.419
	=	0.03

FingerTango (HKSE:06860) 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.

FingerTango Debt-to-Equity Related Terms

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

FingerTango (HKSE:06860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » FingerTango Inc (HKSE:06860) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 248 Qiaotou Street, Building 5, Zone A, Huaxin Kechuang Island,, Haizhu District, Guangzhou, CHN

Website

https://www.fingertango.com

FingerTango Inc is a mobile gamer publisher in China with a focus on SLG games. The company and its subsidiaries are principally engaged in the development, operation, and publishing of mobile game business in the People's Republic of China. The company's main games include Tank Frontline, Three Heroes, Super Fleet, Romance of Stars, Wartime, The Age of Rome and My Duty. It markets its products throughout China.

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