Asian Television Network International (Asian Television Network International) Debt-to-Equity : 1.91 (As of Sep. 2023)

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What is Asian Television Network International Debt-to-Equity?

Asian Television Network International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.53 Mil. Asian Television Network International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.38 Mil. Asian Television Network International's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1.00 Mil. Asian Television Network International's debt to equity for the quarter that ended in Sep. 2023 was 1.91.

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 Asian Television Network International's Debt-to-Equity or its related term are showing as below:

AITVF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.24 Max: 2.42
Current: 1.91

During the past 13 years, the highest Debt-to-Equity Ratio of Asian Television Network International was 2.42. The lowest was 0.02. And the median was 0.24.

AITVF's Debt-to-Equity is ranked worse than
89.13% of 846 companies
in the Media - Diversified industry
Industry Median: 0.28 vs AITVF: 1.91

Asian Television Network International Debt-to-Equity Historical Data

The historical data trend for Asian Television Network International'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.

Asian Television Network International Debt-to-Equity Chart

Asian Television Network International Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.06

0.40

0.30

1.28

2.02

Asian Television Network International Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															1.94	2.02	2.25	2.42	1.91

Competitive Comparison of Asian Television Network International's Debt-to-Equity

For the Broadcasting subindustry, Asian Television Network International'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.

Asian Television Network International's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Asian Television Network International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Asian Television Network International's Debt-to-Equity falls into.

Asian Television Network International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asian Television Network International'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
	=	(0.665	+	1.497)	/	1.072
	=	2.02

Asian Television Network International's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.527	+	1.38)	/	0.999
	=	1.91

Asian Television Network International (OTCPK:AITVF) 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.

Asian Television Network International Debt-to-Equity Related Terms

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Asian Television Network International (Asian Television Network International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Asian Television Network International Ltd (OTCPK:AITVF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SAT:Canada

Address

330 Cochrane Drive, Markham, ON, CAN, L3R 8E4

Website

http://www.asiantelevision.com

Asian Television Network International Ltd is a Canadian-based company. Its activities consist of providing specialty, pay television broadcasting, and television broadcasting advertising for the South Asian community in Canada. The company operates Bollywood movies, sports, news, music, lifestyle, Chinese, Punjabi, and several regional language channels. It derives revenue from Subscriptions, Advertising, Programming, and other income.

Asian Television Network International (Asian Television Network International) Headlines

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