Zee Entertainment Enterprises (NSE:ZEEL) Debt-to-Equity : N/A (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Zee Entertainment Enterprises Debt-to-Equity?

Zee Entertainment Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Zee Entertainment Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Zee Entertainment Enterprises's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

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 Zee Entertainment Enterprises's Debt-to-Equity or its related term are showing as below:

NSE:ZEEL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.38
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Zee Entertainment Enterprises was 0.38. The lowest was 0.00. And the median was 0.01.

NSE:ZEEL's Debt-to-Equity is ranked better than
92.98% of 841 companies
in the Media - Diversified industry
Industry Median: 0.29 vs NSE:ZEEL: 0.02

Zee Entertainment Enterprises Debt-to-Equity Historical Data

The historical data trend for Zee Entertainment Enterprises'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.

Zee Entertainment Enterprises Debt-to-Equity Chart

Zee Entertainment Enterprises Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.01

0.03

Zee Entertainment Enterprises Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.03	N/A	0.02	N/A

Competitive Comparison of Zee Entertainment Enterprises's Debt-to-Equity

For the Broadcasting subindustry, Zee Entertainment Enterprises'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.

Zee Entertainment Enterprises's Debt-to-Equity Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Zee Entertainment Enterprises's Debt-to-Equity falls into.

Zee Entertainment Enterprises Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zee Entertainment Enterprises's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(653	+	2167)	/	107219
	=	0.03

Zee Entertainment Enterprises'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
	=	(0	+	0)	/	0
	=	N/A

Zee Entertainment Enterprises (NSE:ZEEL) 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.

Zee Entertainment Enterprises Debt-to-Equity Related Terms

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

Zee Entertainment Enterprises (NSE:ZEEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Zee Entertainment Enterprises Ltd (NSE:ZEEL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

505537:India

Address

N.M. Joshi Marg, 18th Floor, A-Wing, Marathon Futurex, Lower Parel, Mumbai, MH, IND, 400013

Website

https://www.zee.com

Zee Entertainment Enterprises Ltd is a broadcasting television company that provides media and entertainment services. Zee generates revenue from Advertisement, Subscription, Theatrical revenue, Sale of media content, Transmission revenue and Commission. The company controls a suite of television channels that broadcast in many different languages. Furthermore, Zee Entertainment produces and distributes feature films, develops digital online offerings, and produces and sells for live entertainment events. It operates in five business Broadcast, Digital, Movies, Music and Sports. The company earns the vast majority of its revenue in India.

Zee Entertainment Enterprises (NSE:ZEEL) Headlines

No Headlines