Light Media Holdings (Light Media Holdings) Debt-to-Equity : 0.00 (As of Dec. 2021)

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What is Light Media Holdings Debt-to-Equity?

Light Media Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.00 Mil. Light Media Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.00 Mil. Light Media Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2021 was $0.08 Mil. Light Media Holdings's debt to equity for the quarter that ended in Dec. 2021 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 Light Media Holdings's Debt-to-Equity or its related term are showing as below:

LGMH's Debt-to-Equity is not ranked ^*
in the Media - Diversified industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Light Media Holdings Debt-to-Equity Historical Data

The historical data trend for Light Media Holdings'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.

Light Media Holdings Debt-to-Equity Chart

Light Media Holdings Annual Data

Trend

Dec21

Debt-to-Equity

Light Media Holdings Semi-Annual Data
	Dec21
Debt-to-Equity	-

Competitive Comparison of Light Media Holdings's Debt-to-Equity

For the Entertainment subindustry, Light Media Holdings'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.

Light Media Holdings's Debt-to-Equity Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Light Media Holdings's Debt-to-Equity falls into.

Light Media Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Light Media Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(0	+	0)	/	0.078
	=	0.00

Light Media Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2021 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
	=	(0	+	0)	/	0.078
	=	0.00

Light Media Holdings (OTCPK:LGMH) 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.

Light Media Holdings Debt-to-Equity Related Terms

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Light Media Holdings (Light Media Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Light Media Holdings Inc (OTCPK:LGMH) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

2365 Wall Street, Conyers, GA, USA, 30013

Website

https://www.lightmedianetwork.com

Light Media Holdings Inc is engaged in inspirational media and entertainment, via a variety of websites and distribution channels. It consists of web and mobile-enabled digital properties, apps, and social media platforms, providing news, information, and entertainment that provide clients with a powerful reach and visibility within and throughout the media demographic. The company enables sponsors and advertisers to realize the superior benefits of integrated 360 digital advertising reach via audio/video, banner ads, e-blasts, and social media engagement.

Light Media Holdings (Light Media Holdings) Headlines

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