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Able View Global (Able View Global) Debt-to-Equity : 0.41 (As of Dec. 2023)


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What is Able View Global Debt-to-Equity?

Able View Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.6 Mil. Able View Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.0 Mil. Able View Global's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $11.4 Mil. Able View Global's debt to equity for the quarter that ended in Dec. 2023 was 0.41.

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 Able View Global's Debt-to-Equity or its related term are showing as below:

ABLV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39   Med: 0.42   Max: 6.68
Current: 0.41

During the past 4 years, the highest Debt-to-Equity Ratio of Able View Global was 6.68. The lowest was 0.39. And the median was 0.42.

ABLV's Debt-to-Equity is ranked worse than
58.13% of 843 companies
in the Media - Diversified industry
Industry Median: 0.29 vs ABLV: 0.41

Able View Global Debt-to-Equity Historical Data

The historical data trend for Able View Global'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.

Able View Global Debt-to-Equity Chart

Able View Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
0.43 0.39 6.68 0.41

Able View Global Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial 0.39 3.11 6.68 1.52 0.41

Competitive Comparison of Able View Global's Debt-to-Equity

For the Advertising Agencies subindustry, Able View Global'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.

Able View Global's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Able View Global's Debt-to-Equity distribution charts can be found below:

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


Able View Global Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Able View Global'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
=(3.646 + 1.004) / 11.416
=0.41

Able View Global'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
=(3.646 + 1.004) / 11.416
=0.41

* 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.

Able View Global  (NAS:ABLV) 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.

Able View Global Debt-to-Equity Related Terms

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

Able View Global (Able View Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Able View Global Inc (NAS:ABLV) » Definitions » Debt-to-Equity
Comparable Companies
XNET TZOO ADTH STCN MCHX EZOO WIMI FLNT TSQ DRCT XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 ZD TSE:4751
Traded in Other Exchanges
N/A
Address
No. 168, Middle Xizang Road, Floor 16, Dushi Headquarters Building, Shanghai, CHN, 200001
Website
Able View Global Inc operates as a brand management partner of international beauty and personal care brands in China. It provides full-service solutions covering marketing strategy, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics, warehouse, and fulfillment. The firm generates revenue from product sales by distributing and selling cross-border products from various global brand owners to Chinese consumers.

Able View Global (Able View Global) Headlines

From GuruFocus

Able View Global Inc. Reports Fiscal Year 2023 Results

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