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Giant Network Group Co (SZSE:002558) Debt-to-Equity : 0.05 (As of Mar. 2024)


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What is Giant Network Group Co Debt-to-Equity?

Giant Network Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥628 Mil. Giant Network Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥30 Mil. Giant Network Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥12,070 Mil. Giant Network Group Co's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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

SZSE:002558' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.05   Max: 0.12
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Giant Network Group Co was 0.12. The lowest was 0.00. And the median was 0.05.

SZSE:002558's Debt-to-Equity is ranked better than
75.42% of 419 companies
in the Interactive Media industry
Industry Median: 0.16 vs SZSE:002558: 0.05

Giant Network Group Co Debt-to-Equity Historical Data

The historical data trend for Giant Network Group 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.

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Giant Network Group Co Debt-to-Equity Chart

Giant Network Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.01 0.01 0.05 0.06

Giant Network Group Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.05 0.05 0.06 0.05

Competitive Comparison of Giant Network Group Co's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, Giant Network Group 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.


Giant Network Group Co's Debt-to-Equity Distribution in the Interactive Media Industry

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

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



Giant Network Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Giant Network Group Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Giant Network Group Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Giant Network Group Co  (SZSE:002558) 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.


Giant Network Group Co Debt-to-Equity Related Terms

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


Giant Network Group Co (SZSE:002558) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Jiangnan Avenue, 5th Floor, Building 1, Wanda Plaza, Nan'an District, Chongqing, CHN, 201613
Giant Network Group Co Ltd is engaged in online gaming business. Its products include client game, mobile game and mobile internet products.
Executives
Wu Ming Hong Supervisors
Zhang Chong Bin Director
Ye Hua Executives
Peng Jian Hu Directors, executives

Giant Network Group Co (SZSE:002558) Headlines

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