China VTV (China VTV) Debt-to-Equity : 0.25 (As of Aug. 2020)

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What is China VTV Debt-to-Equity?

China VTV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2020 was $1.15 Mil. China VTV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2020 was $0.00 Mil. China VTV's Total Stockholders Equity for the quarter that ended in Aug. 2020 was $4.55 Mil. China VTV's debt to equity for the quarter that ended in Aug. 2020 was 0.25.

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 China VTV's Debt-to-Equity or its related term are showing as below:

CVTV's Debt-to-Equity is not ranked ^*
in the Interactive Media industry.
Industry Median: 0.16
* Ranked among companies with meaningful Debt-to-Equity only.

China VTV Debt-to-Equity Historical Data

The historical data trend for China VTV'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.

China VTV Debt-to-Equity Chart

China VTV Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Debt-to-Equity

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-7.04

China VTV Quarterly Data
	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-7.04	0.61	0.25

Competitive Comparison of China VTV's Debt-to-Equity

For the Internet Content & Information subindustry, China VTV'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.

China VTV's Debt-to-Equity Distribution in the Interactive Media Industry

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

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

China VTV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China VTV's Debt to Equity Ratio for the fiscal year that ended in Feb. 2020 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
	=	(2.303	+	0)	/	-0.327
	=	-7.04

China VTV's Debt to Equity Ratio for the quarter that ended in Aug. 2020 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
	=	(1.151	+	0)	/	4.553
	=	0.25

China VTV (OTCPK:CVTV) 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.

China VTV Debt-to-Equity Related Terms

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China VTV (China VTV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » China VTV Ltd (OTCPK:CVTV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG

Website

http://www.tbamm.com

China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.

Executives

Jack Chen

director, 10 percent owner, officer: See Remarks

ROOM 701, BUILDING 13, LANE 51 SHANGZHONG ROAD, XUHUI DISTRICT SHANGHAI F4 00000

China VTV (China VTV) Headlines

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