Poly Culture Group (FRA:0P4) Debt-to-Equity : 2.01 (As of Jun. 2023)

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What is Poly Culture Group Debt-to-Equity?

Poly Culture Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €602.8 Mil. Poly Culture Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €154.9 Mil. Poly Culture Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €376.2 Mil. Poly Culture Group's debt to equity for the quarter that ended in Jun. 2023 was 2.01.

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

FRA:0P4' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.7 Max: 2.18
Current: 2.01

During the past 11 years, the highest Debt-to-Equity Ratio of Poly Culture Group was 2.18. The lowest was 0.01. And the median was 0.70.

FRA:0P4's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.29 vs FRA:0P4: 2.01

Poly Culture Group Debt-to-Equity Historical Data

The historical data trend for Poly Culture 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.

Poly Culture Group Debt-to-Equity Chart

Poly Culture Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.73

1.40

1.81

2.02

Poly Culture Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															2.18	2.02	2.04	2.02	2.01

Competitive Comparison of Poly Culture Group's Debt-to-Equity

For the Entertainment subindustry, Poly Culture 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.

Poly Culture Group's Debt-to-Equity Distribution in the Media - Diversified Industry

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

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

Poly Culture Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Poly Culture Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(573.334	+	240.999)	/	403.16
	=	2.02

Poly Culture Group's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(602.802	+	154.938)	/	376.166
	=	2.01

Poly Culture Group (FRA:0P4) 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.

Poly Culture Group Debt-to-Equity Related Terms

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Poly Culture Group (FRA:0P4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Poly Culture Group Corporation Ltd (FRA:0P4) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 North Street of Chaoyangmen, District A, B and C, 11th Floor, Dongcheng District, Beijing, CHN, 100010

Website

http://www.polyculture.com.cn

Poly Culture Group Corporation Ltd is engaged in art business and auction, performance and theater management, and cinema investment and management. Its Art business and the auction include buy and sell antiques, modern and contemporary calligraphy and painting, ancient calligraphy and painting, oil painting and sculpture, and other cultural relics and artwork. It also provides artwork investment consultation and other services. Performance and theatre management, which is the key revenue driver, includes daily management of the theatre, the arrangement of performances, leases of theatres and theatre design consultation services. Cinema Investment and management includes cinema construction and cinema operation. It earns the majority of its revenue in Mainland China.

Poly Culture Group (FRA:0P4) Headlines

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