Zengame Technology Holding (HKSE:02660) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Zengame Technology Holding Debt-to-Equity?

Zengame Technology Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4 Mil. Zengame Technology Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2 Mil. Zengame Technology Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$2,538 Mil. Zengame Technology Holding's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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

During the past 8 years, the highest Debt-to-Equity Ratio of Zengame Technology Holding was 0.05. The lowest was 0.00. And the median was 0.01.

HKSE:02660'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.

Zengame Technology Holding Debt-to-Equity Historical Data

The historical data trend for Zengame Technology Holding'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.

Zengame Technology Holding Debt-to-Equity Chart

Zengame Technology Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.02

0.01

Zengame Technology Holding Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.02	0.01	0.01	0.01	-

Competitive Comparison of Zengame Technology Holding's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, Zengame Technology Holding'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.

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

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

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

Zengame Technology Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zengame Technology Holding'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
	=	(3.79	+	1.785)	/	2537.539
	=	0.00

Zengame Technology Holding'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
	=	(3.79	+	1.785)	/	2537.539
	=	0.00

Zengame Technology Holding (HKSE:02660) 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.

Zengame Technology Holding Debt-to-Equity Related Terms

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

Zengame Technology Holding (HKSE:02660) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Zengame Technology Holding Ltd (HKSE:02660) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Keji South 12 Road, Rooms 1304-06, Changhong Science and Technology Mansion, Science and Technology Park, Nanshan District, Shenzhen, CHN, 518057

Website

https://www.zen-game.com

Zengame Technology Holding Ltd is a mobile game developer. The company operates self-developed and third-party-developed games. The company's games include card games, board games, other casual games, and hardcore games, including Fight the Landlord, Sichuan Mahjong, Hunan Run Fast, Tiantian Love Chinese Chess, Happy Mengmengxiao and Kuaishou Fishing. It is also engaged in the investment business.

Executives

Yang Min	2501 Other
Ye Sheng	2501 Other
Zeng Liqing	2202 Interest of your spouse
Zhang Wei	2307 Founder of a discretionary trust who can infl
Infiniti Trust (hong Kong) Limited	2301 Trustee
Bonaza Limited	2201 Interest of corporation controlled by you
D Fun Limited	2101 Beneficial owner
The Core Trust Company Limited	2301 Trustee
Tct (bvi) Limited	2501 Other
Xie Yingying	2202 Interest of your spouse
Bao Trust	2301 Trustee
Bao Zhoujia	2307 Founder of a discretionary trust who can infl
Y&j Family Limited	2306 Nominee for another person
J&l Y Limited	2101 Beneficial owner
Ys Limited	2306 Nominee for another person

Zengame Technology Holding (HKSE:02660) Headlines

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