Starlight Culture Entertainment Group (HKSE:01159) Debt-to-Equity : -1.17 (As of Dec. 2023)

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What is Starlight Culture Entertainment Group Debt-to-Equity?

Starlight Culture Entertainment Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$442.91 Mil. Starlight Culture Entertainment Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.45 Mil. Starlight Culture Entertainment Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$-377.74 Mil. Starlight Culture Entertainment Group's debt to equity for the quarter that ended in Dec. 2023 was -1.17.

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

HKSE:01159' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.29 Med: -0.43 Max: 2.55
Current: -1.17

During the past 13 years, the highest Debt-to-Equity Ratio of Starlight Culture Entertainment Group was 2.55. The lowest was -5.29. And the median was -0.43.

HKSE:01159's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.29 vs HKSE:01159: -1.17

Starlight Culture Entertainment Group Debt-to-Equity Historical Data

The historical data trend for Starlight Culture Entertainment 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.

Starlight Culture Entertainment Group Debt-to-Equity Chart

Starlight Culture Entertainment Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.06

2.55

-2.10

-1.43

-1.17

Starlight Culture Entertainment Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-2.10	-1.58	-1.43	-1.04	-1.17

Competitive Comparison of Starlight Culture Entertainment Group's Debt-to-Equity

For the Entertainment subindustry, Starlight Culture Entertainment 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.

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

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

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

Starlight Culture Entertainment Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Starlight Culture Entertainment Group's Debt to Equity Ratio for the fiscal year 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
	=	(442.905	+	0.448)	/	-377.744
	=	-1.17

Starlight Culture Entertainment Group'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
	=	(442.905	+	0.448)	/	-377.744
	=	-1.17

Starlight Culture Entertainment Group (HKSE:01159) 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.

Starlight Culture Entertainment Group Debt-to-Equity Related Terms

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

Starlight Culture Entertainment Group (HKSE:01159) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Starlight Culture Entertainment Group Ltd (HKSE:01159) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Gloucester Road, 10th Floor, Room 1002, China Huarong Tower, Wan Chai, Hong Kong, HKG

Website

http://www.starlightcul.com.hk

Starlight Culture Entertainment Group Ltd is engaged in media and culture business. It operates in a single segment Media and Culture business that engages in investment production and distribution of entertainment content such as film and television programs. The company derives revenue from the United States of America.

Executives

Cresent Investment Company Ltd	2101 Beneficial owner
Chen Congyuan Emerald	2201 Interest of corporation controlled by you
Timcha Investment Limited	2101 Beneficial owner
Okelo Holdings Limited	2101 Beneficial owner
Wang Ji	2201 Interest of corporation controlled by you
Luo Lei	2101 Beneficial owner
Supermax Holdings Group Limited
Zhao Liang
Sang Kangqiao	2106 Person having a security interest in shares
Mega Start Limited	2101 Beneficial owner
Chau Chit	2201 Interest of corporation controlled by you
Jiang Yin Xing Hui Wen Hua Chuan Bo You Xian Gong Si	2201 Interest of corporation controlled by you
Jiang Yin Bin Jiang Ke Ji Chuang Ye Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Jiang Yin Ke Ji Xin Cheng Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Xu Peng

Starlight Culture Entertainment Group (HKSE:01159) Headlines

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