NetDragon Websoft (HKSE:00777) Debt-to-Equity : 0.30 (As of Dec. 2023)

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What is NetDragon Websoft Debt-to-Equity?

NetDragon Websoft's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,217 Mil. NetDragon Websoft's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$716 Mil. NetDragon Websoft's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$6,448 Mil. NetDragon Websoft's debt to equity for the quarter that ended in Dec. 2023 was 0.30.

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 NetDragon Websoft's Debt-to-Equity or its related term are showing as below:

HKSE:00777' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 0.32
Current: 0.3

During the past 13 years, the highest Debt-to-Equity Ratio of NetDragon Websoft was 0.32. The lowest was 0.01. And the median was 0.08.

HKSE:00777's Debt-to-Equity is ranked worse than
65.65% of 428 companies
in the Interactive Media industry
Industry Median: 0.155 vs HKSE:00777: 0.30

NetDragon Websoft Debt-to-Equity Historical Data

The historical data trend for NetDragon Websoft'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.

NetDragon Websoft Debt-to-Equity Chart

NetDragon Websoft Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.10

0.22

0.23

0.32

0.30

NetDragon Websoft Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.23	0.25	0.32	0.35	0.30

Competitive Comparison of NetDragon Websoft's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, NetDragon Websoft'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.

NetDragon Websoft's Debt-to-Equity Distribution in the Interactive Media Industry

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

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

NetDragon Websoft Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NetDragon Websoft'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
	=	(1217.376	+	716.425)	/	6447.827
	=	0.30

NetDragon Websoft'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
	=	(1217.376	+	716.425)	/	6447.827
	=	0.30

NetDragon Websoft (HKSE:00777) 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.

NetDragon Websoft Debt-to-Equity Related Terms

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NetDragon Websoft (HKSE:00777) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NetDragon Websoft Inc (HKSE:00777) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

3ND:Germany

Address

58 Wenquan Branch Road, 851 Building, Fuzhou, CHN

Website

http://www.nd.com.cn

NetDragon Websoft Inc is a Chinese holding company that engages in developing and operating online and mobile games as well as educational platforms. NetDragon's games include PC games, web-based games, mobile games, and e-sports games. PC games constitute the majority of the company's games sales. The company's game portfolio is composed of a range of games that appeal to various types of players. These games include Way of the Five, Eudemons Online, Conquer Online, Zero Online, and Heroes of Might & Magic Online. The company has operations in North America, Europe, and Asia.

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