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Zhejiang Publishing & Media Co (SHSE:601921) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Zhejiang Publishing & Media Co Debt-to-Equity?

Zhejiang Publishing & Media Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥20 Mil. Zhejiang Publishing & Media Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥28 Mil. Zhejiang Publishing & Media Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥13,476 Mil. Zhejiang Publishing & Media Co's debt to equity for the quarter that ended in Mar. 2024 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 Zhejiang Publishing & Media Co's Debt-to-Equity or its related term are showing as below:

During the past 7 years, the highest Debt-to-Equity Ratio of Zhejiang Publishing & Media Co was 0.04. The lowest was 0.00. And the median was 0.02.

SHSE:601921'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.

Zhejiang Publishing & Media Co Debt-to-Equity Historical Data

The historical data trend for Zhejiang Publishing & Media Co'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.

Zhejiang Publishing & Media Co Debt-to-Equity Chart

Zhejiang Publishing & Media Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.02 0.04 0.03 0.03 -

Zhejiang Publishing & Media Co Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 - -

Competitive Comparison of Zhejiang Publishing & Media Co's Debt-to-Equity

For the Publishing subindustry, Zhejiang Publishing & Media Co'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.


Zhejiang Publishing & Media Co's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Zhejiang Publishing & Media Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zhejiang Publishing & Media Co's Debt-to-Equity falls into.



Zhejiang Publishing & Media Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhejiang Publishing & Media Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Zhejiang Publishing & Media Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Zhejiang Publishing & Media Co  (SHSE:601921) 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.


Zhejiang Publishing & Media Co Debt-to-Equity Related Terms

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Zhejiang Publishing & Media Co (SHSE:601921) Business Description

Traded in Other Exchanges
N/A
Address
No. 347 Tiyuchang Road, 18th Floor, Xiacheng District, Zhejiang Province, Hangzhou, CHN, 310013
Zhejiang Publishing & Media Co Ltd is engaged in the publication, distribution and printing of books, periodicals, audio-visual products and electronic publications.

Zhejiang Publishing & Media Co (SHSE:601921) Headlines

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