Holiday Entertainment Co (TPE:9943) Debt-to-Equity : 0.21 (As of Mar. 2024)

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What is Holiday Entertainment Co Debt-to-Equity?

Holiday Entertainment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$243 Mil. Holiday Entertainment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$531 Mil. Holiday Entertainment Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$3,635 Mil. Holiday Entertainment Co's debt to equity for the quarter that ended in Mar. 2024 was 0.21.

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 Holiday Entertainment Co's Debt-to-Equity or its related term are showing as below:

TPE:9943' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.21 Max: 0.31
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of Holiday Entertainment Co was 0.31. The lowest was 0.03. And the median was 0.21.

TPE:9943's Debt-to-Equity is ranked better than
70.09% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs TPE:9943: 0.21

Holiday Entertainment Co Debt-to-Equity Historical Data

The historical data trend for Holiday Entertainment Co'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.

Holiday Entertainment Co Debt-to-Equity Chart

Holiday Entertainment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.31

0.29

0.31

0.28

0.21

Holiday Entertainment Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.28	0.25	0.23	0.21	0.21

Competitive Comparison of Holiday Entertainment Co's Debt-to-Equity

For the Leisure subindustry, Holiday Entertainment Co'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.

Holiday Entertainment Co's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Holiday Entertainment Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Holiday Entertainment Co's Debt-to-Equity falls into.

Holiday Entertainment Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Holiday Entertainment Co'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
	=	(255.03	+	586.22)	/	4060.858
	=	0.21

Holiday Entertainment Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(242.724	+	530.687)	/	3634.804
	=	0.21

Holiday Entertainment Co (TPE:9943) 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.

Holiday Entertainment Co Debt-to-Equity Related Terms

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

Holiday Entertainment Co (TPE:9943) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Holiday Entertainment Co Ltd (TPE:9943) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Section 5, Zhongxiao East Road, 4th Floor, No. 293, Xinyi District, Taipei, TWN, 293

Website

https://www.holiday.com.tw

Holiday Entertainment Co Ltd is a Taiwan-based company. It is engaged in the business of providing audio-visual and singing equipment for singing, distribution, and sale of audio-visual equipment and supplies, and advisory services on the management of audio-visual and singing. The company also provides advice on restaurant operations.

Holiday Entertainment Co (TPE:9943) Headlines

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