Maoyan Entertainment (HKSE:01896) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Maoyan Entertainment Debt-to-Equity?

Maoyan Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$292 Mil. Maoyan Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$13 Mil. Maoyan Entertainment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$9,889 Mil. Maoyan Entertainment'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 Maoyan Entertainment's Debt-to-Equity or its related term are showing as below:

HKSE:01896' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.14 Max: 26.51
Current: 0.03

During the past 9 years, the highest Debt-to-Equity Ratio of Maoyan Entertainment was 26.51. The lowest was 0.03. And the median was 0.14.

HKSE:01896's Debt-to-Equity is ranked better than
83.06% of 425 companies
in the Interactive Media industry
Industry Median: 0.15 vs HKSE:01896: 0.03

Maoyan Entertainment Debt-to-Equity Historical Data

The historical data trend for Maoyan Entertainment'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.

Maoyan Entertainment Debt-to-Equity Chart

Maoyan Entertainment Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.15

0.14

0.08

0.05

0.03

Maoyan Entertainment Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.08	0.05	0.05	0.02	0.03

Competitive Comparison of Maoyan Entertainment's Debt-to-Equity

For the Internet Content & Information subindustry, Maoyan Entertainment'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.

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

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

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

Maoyan Entertainment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Maoyan Entertainment'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
	=	(291.783	+	12.803)	/	9889.061
	=	0.03

Maoyan Entertainment'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
	=	(291.783	+	12.803)	/	9889.061
	=	0.03

Maoyan Entertainment (HKSE:01896) 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.

Maoyan Entertainment Debt-to-Equity Related Terms

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

Maoyan Entertainment (HKSE:01896) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Maoyan Entertainment (HKSE:01896) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

9ME:Germany

Address

No. 11 Hepingli East Street, No. 3 Building, Yonghe Hangxing Garden, Dongcheng District, Beijing, CHN

Website

https://www.maoyan.com

Maoyan Entertainment is a China-based company which mainly operates an innovative Internet-empowered entertainment service platform. The company operates in three segments. The Online Entertainment Ticketing Services segment offers online ticketing services for comprehensive entertainment formats, such as movies and entertainment events. The Entertainment Content Services segment operates an integrated platform to provide entertainment content services, ranging from distribution, and promotion to production, for various entertainment formats including movies, TV series, variety shows, and entertainment events. The Advertising Services and Others segment serves advertisers in both the entertainment industry and other industries including automobile, electronics, and consumer products.

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