Vobile Group (HKSE:03738) Debt-to-Equity : 0.36 (As of Dec. 2023)

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What is Vobile Group Debt-to-Equity?

Vobile Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$144 Mil. Vobile Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$552 Mil. Vobile Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,954 Mil. Vobile Group's debt to equity for the quarter that ended in Dec. 2023 was 0.36.

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 Vobile Group's Debt-to-Equity or its related term are showing as below:

HKSE:03738' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.01 Med: 0.33 Max: 1.45
Current: 0.36

During the past 10 years, the highest Debt-to-Equity Ratio of Vobile Group was 1.45. The lowest was -0.01. And the median was 0.33.

HKSE:03738's Debt-to-Equity is ranked worse than
62.73% of 2219 companies
in the Software industry
Industry Median: 0.21 vs HKSE:03738: 0.36

Vobile Group Debt-to-Equity Historical Data

The historical data trend for Vobile Group'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.

Vobile Group Debt-to-Equity Chart

Vobile Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.45

0.33

0.02

0.76

0.36

Vobile Group Semi-Annual Data
	Dec14	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													0.02	0.66	0.76	0.29	0.36

Competitive Comparison of Vobile Group's Debt-to-Equity

For the Software - Application subindustry, Vobile Group'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.

Vobile Group's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Vobile Group's Debt-to-Equity distribution charts can be found below:

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

Vobile Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vobile Group'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
	=	(144.381	+	552.094)	/	1954.166
	=	0.36

Vobile Group'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
	=	(144.381	+	552.094)	/	1954.166
	=	0.36

Vobile Group (HKSE:03738) 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.

Vobile Group Debt-to-Equity Related Terms

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

Vobile Group (HKSE:03738) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vobile Group Ltd (HKSE:03738) » Definitions » Debt-to-Equity

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VOBIF:USA

Address

1 Matheson Street, Suite 3712, 37th Floor, Tower 2, Times Square, Causeway Bay, Hong Kong, HKG

Website

https://www.vobilegroup.com

Vobile Group Ltd is a Saas provider of the technology service of digital content protection and monetization. It builds the essential technology infrastructure to support the distribution of global digital content assets. The company's products are VideoTracker, ReClaim, TV Ad Tracking, Online TVOD PPT, MediaWise, and Transaction-based SaaS business that includes content monetization platforms to enable revenue-sharing for conventional home video distribution through its conventional PPT platform.

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