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Huashi Group Holdings (HKSE:01111) Debt-to-Equity : 0.43 (As of Dec. 2022)


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What is Huashi Group Holdings Debt-to-Equity?

Huashi Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was HK$43.6 Mil. Huashi Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was HK$1.9 Mil. Huashi Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2022 was HK$105.1 Mil. Huashi Group Holdings's debt to equity for the quarter that ended in Dec. 2022 was 0.43.

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

HKSE:01111' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.39   Max: 0.43
Current: 0.48

During the past 4 years, the highest Debt-to-Equity Ratio of Huashi Group Holdings was 0.43. The lowest was 0.22. And the median was 0.39.

HKSE:01111's Debt-to-Equity is ranked worse than
61.33% of 843 companies
in the Media - Diversified industry
Industry Median: 0.29 vs HKSE:01111: 0.48

Huashi Group Holdings Debt-to-Equity Historical Data

The historical data trend for Huashi Group 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.

Huashi Group Holdings Debt-to-Equity Chart

Huashi Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
0.22 0.39 0.43 0.48

Huashi Group Holdings Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Debt-to-Equity 0.22 0.39 0.43 0.48

Competitive Comparison of Huashi Group Holdings's Debt-to-Equity

For the Advertising Agencies subindustry, Huashi Group 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.

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

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

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


Huashi Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Huashi Group Holdings'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
=(43.628 + 1.915) / 105.114
=0.43

Huashi Group Holdings's Debt to Equity Ratio for the quarter 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
=(43.628 + 1.915) / 105.114
=0.43

* 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.

Huashi Group Holdings  (HKSE:01111) 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.

Huashi Group Holdings Debt-to-Equity Related Terms

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

Huashi Group Holdings (HKSE:01111) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Huashi Group Holdings Ltd (HKSE:01111) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
Phase II Shuisheng Keji Yuan, 1st Floor, Block 2 Office Building, 1 Chagang Xincun Dongyuan, Wuchang, Wuhan, CHN
Website
http://www.youmeimu.com
Huashi Group Holdings Ltd is a branding, advertising and marketing service provider based in Hubei Province, the PRC, providing services across the entire value chain from market research through collaboration with research institutes to execution of branding, advertising and marketing projects through collaboration with different media resources suppliers so as to assist brand owners, advertisers and advertising agents in formulating and implementing effective service proposals to fulfill their promotional needs and marketing objectives, thereby further enhancing their brand reputation to targeted recipients, and improving the competitiveness and market share of their products or services.

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