Wanda Film Holding Co (SZSE:002739) Debt-to-Equity : 1.28 (As of Mar. 2024)

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What is Wanda Film Holding Co Debt-to-Equity?

Wanda Film Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,744 Mil. Wanda Film Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥8,792 Mil. Wanda Film Holding Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥8,230 Mil. Wanda Film Holding Co's debt to equity for the quarter that ended in Mar. 2024 was 1.28.

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 Wanda Film Holding Co's Debt-to-Equity or its related term are showing as below:

SZSE:002739' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.53 Max: 2.03
Current: 1.28

During the past 13 years, the highest Debt-to-Equity Ratio of Wanda Film Holding Co was 2.03. The lowest was 0.29. And the median was 0.53.

SZSE:002739's Debt-to-Equity is ranked worse than
82.78% of 848 companies
in the Media - Diversified industry
Industry Median: 0.28 vs SZSE:002739: 1.28

Wanda Film Holding Co Debt-to-Equity Historical Data

The historical data trend for Wanda Film Holding 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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Wanda Film Holding Co Debt-to-Equity Chart

Wanda Film Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.48

1.75

1.64

2.03

1.46

Wanda Film Holding 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															1.85	1.82	1.56	1.46	1.28

Competitive Comparison of Wanda Film Holding Co's Debt-to-Equity

For the Entertainment subindustry, Wanda Film Holding 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.

Wanda Film Holding Co's Debt-to-Equity Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Wanda Film Holding Co's Debt-to-Equity falls into.

Wanda Film Holding Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wanda Film Holding 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
	=	(2409.718	+	9324.975)	/	8030.103
	=	1.46

Wanda Film Holding Co'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
	=	(1744.237	+	8792.172)	/	8230.375
	=	1.28

Wanda Film Holding Co (SZSE:002739) 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.

Wanda Film Holding Co Debt-to-Equity Related Terms

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Wanda Film Holding Co (SZSE:002739) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Wanda Film Holding Co Ltd (SZSE:002739) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 93 Jianguo Road, Tower B, Wanda Plaza, Chaoyang District, Beijing, CHN, 100022

Website

http://www.wandafilm.com

Wanda Film Holding Co Ltd operates and manages cinema in China. Its business activities include cinema investment, and construction of cinemas, film distribution, film screening, rental of commercial facilities, ticketing agent, graphic design and advertising. It is also engaged in the theater-related derivatives businesses, including the sale of goods and food and drinks, as well as advertising publishing.

Wanda Film Holding Co (SZSE:002739) Headlines

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