Kuaishou Technology (HKSE:01024) Debt-to-Equity : 0.32 (As of Dec. 2023)

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What is Kuaishou Technology Debt-to-Equity?

Kuaishou Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$8,003 Mil. Kuaishou Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$9,193 Mil. Kuaishou Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$53,664 Mil. Kuaishou Technology's debt to equity for the quarter that ended in Dec. 2023 was 0.32.

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

HKSE:01024' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.08 Med: -0.04 Max: 0.33
Current: 0.32

During the past 7 years, the highest Debt-to-Equity Ratio of Kuaishou Technology was 0.33. The lowest was -0.08. And the median was -0.04.

HKSE:01024's Debt-to-Equity is ranked worse than
65.41% of 425 companies
in the Interactive Media industry
Industry Median: 0.16 vs HKSE:01024: 0.32

Kuaishou Technology Debt-to-Equity Historical Data

The historical data trend for Kuaishou Technology'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.

Kuaishou Technology Debt-to-Equity Chart

Kuaishou Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-0.08

-0.04

0.30

0.33

0.32

Kuaishou Technology Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.33	0.29	0.35	0.25	0.32

Competitive Comparison of Kuaishou Technology's Debt-to-Equity

For the Internet Content & Information subindustry, Kuaishou Technology'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.

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

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

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

Kuaishou Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kuaishou Technology'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
	=	(8003.18	+	9193.212)	/	53664.073
	=	0.32

Kuaishou Technology'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
	=	(8003.18	+	9193.212)	/	53664.073
	=	0.32

Kuaishou Technology (HKSE:01024) 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.

Kuaishou Technology Debt-to-Equity Related Terms

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

Kuaishou Technology (HKSE:01024) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kuaishou Technology (HKSE:01024) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KSHTY:USA KUASF:USA 5Y0:Germany 5Y0:Germany

Address

No. 6, Shangdi West Road, Building 1, Haidian District, Beijing, CHN, 100085

Website

https://www.kuaishou.com

Kuaishou Technology is a social media platform on which users can share short-form videos that are up to 5 minutes long. The audience engages with the platform by looking at different videos on demand at any time, similar to TikTok. About 52% of revenue is generated from advertising, mainly in the form of targeted ads related to the video content—known as closed-loop ads—but also from outside unrelated brands. Kuaishou also generates livestream revenue by selling virtual gifts to fans that are donated to performers. It also has livestreaming e-commerce, where users purchase products related to the video, generating commission from each transaction. Kuaishou competes mainly with ByteDance's Douyin, as both are short-form video platforms. Tencent owns 19% of Kuaishou.

Kuaishou Technology (HKSE:01024) Headlines

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