Game Hours (ROCO:6626) Debt-to-Equity : 1.25 (As of Dec. 2023)

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What is Game Hours Debt-to-Equity?

Game Hours's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$54.7 Mil. Game Hours's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$36.6 Mil. Game Hours's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$73.1 Mil. Game Hours's debt to equity for the quarter that ended in Dec. 2023 was 1.25.

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 Game Hours's Debt-to-Equity or its related term are showing as below:

ROCO:6626' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.41 Max: 1.25
Current: 1.25

During the past 11 years, the highest Debt-to-Equity Ratio of Game Hours was 1.25. The lowest was 0.15. And the median was 0.41.

ROCO:6626's Debt-to-Equity is ranked worse than
90.57% of 424 companies
in the Interactive Media industry
Industry Median: 0.16 vs ROCO:6626: 1.25

Game Hours Debt-to-Equity Historical Data

The historical data trend for Game Hours'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.

Game Hours Debt-to-Equity Chart

Game Hours Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.41

0.43

0.48

0.63

1.25

Game Hours Semi-Annual Data
	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														0.48	0.46	0.63	1.08	1.25

Competitive Comparison of Game Hours's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, Game Hours'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.

Game Hours's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Game Hours's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Game Hours's Debt-to-Equity falls into.

Game Hours Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Game Hours'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
	=	(54.739	+	36.59)	/	73.056
	=	1.25

Game Hours'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
	=	(54.739	+	36.59)	/	73.056
	=	1.25

Game Hours (ROCO:6626) 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.

Game Hours Debt-to-Equity Related Terms

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

Game Hours (ROCO:6626) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Game Hours Inc (ROCO:6626) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5th Floor, 189 Yanping South Road, Zhongzheng District, Taipei, TWN, 100

Website

http://www.wegames.biz

Game Hours Inc, formerly WeGames Corp is a Taiwan based company involved in the development of mobile games. It specializes in the card, arpg, social, and growing games. Some of the games offered by the company include Time to kill, RO. Eternal Love, Ragnarok Web, Game of Power and Academy of War.

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