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Magic Empire Global (Magic Empire Global) Debt-to-Revenue : 0.11 (As of Dec. 2023)


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What is Magic Empire Global Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Magic Empire Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.22 Mil. Magic Empire Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Magic Empire Global's annualized Revenue for the quarter that ended in Dec. 2023 was $1.97 Mil. Magic Empire Global's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.11.


Magic Empire Global Debt-to-Revenue Historical Data

The historical data trend for Magic Empire Global's Debt-to-Revenue 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.

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Magic Empire Global Debt-to-Revenue Chart

Magic Empire Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
0.12 0.32 0.33 0.13

Magic Empire Global Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Revenue Get a 7-Day Free Trial 0.29 0.29 0.55 0.22 0.11

Competitive Comparison of Magic Empire Global's Debt-to-Revenue

For the Capital Markets subindustry, Magic Empire Global's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Magic Empire Global's Debt-to-Revenue Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Magic Empire Global's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Magic Empire Global's Debt-to-Revenue falls into.



Magic Empire Global Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Magic Empire Global's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.224 + 0) / 1.766
=0.13

Magic Empire Global's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.224 + 0) / 1.974
=0.11

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Dec. 2023) Revenue data.


Magic Empire Global Debt-to-Revenue Related Terms

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Magic Empire Global (Magic Empire Global) Business Description

Traded in Other Exchanges
N/A
Address
3/F, 8 Wyndham Street, Central, Hong Kong, HKG
Magic Empire Global Ltd is a financial services provider in Hong Kong which principally engaged in the provision of corporate finance advisory services and underwriting services.