Blue Hat Interactive Entertainment Technology (Blue Hat Interactive Entertainment Technology) Debt-to-Equity : 0.22 (As of Jun. 2023)

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What is Blue Hat Interactive Entertainment Technology Debt-to-Equity?

Blue Hat Interactive Entertainment Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.46 Mil. Blue Hat Interactive Entertainment Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $2.17 Mil. Blue Hat Interactive Entertainment Technology's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $11.89 Mil. Blue Hat Interactive Entertainment Technology's debt to equity for the quarter that ended in Jun. 2023 was 0.22.

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 Blue Hat Interactive Entertainment Technology's Debt-to-Equity or its related term are showing as below:

BHAT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.1 Max: 0.3
Current: 0.22

During the past 6 years, the highest Debt-to-Equity Ratio of Blue Hat Interactive Entertainment Technology was 0.30. The lowest was 0.02. And the median was 0.10.

BHAT's Debt-to-Equity is ranked worse than
58.02% of 424 companies
in the Interactive Media industry
Industry Median: 0.155 vs BHAT: 0.22

Blue Hat Interactive Entertainment Technology Debt-to-Equity Historical Data

The historical data trend for Blue Hat Interactive Entertainment Technology'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.

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Blue Hat Interactive Entertainment Technology Debt-to-Equity Chart

Blue Hat Interactive Entertainment Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.12

0.15

0.10

0.30

Blue Hat Interactive Entertainment Technology Quarterly Data
	Sep17	Dec17	Jun18	Sep18	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial													0.02	0.10	0.22	0.30	0.22

Competitive Comparison of Blue Hat Interactive Entertainment Technology's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, Blue Hat Interactive Entertainment Technology'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.

Blue Hat Interactive Entertainment Technology's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Blue Hat Interactive Entertainment Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Blue Hat Interactive Entertainment Technology's Debt-to-Equity falls into.

Blue Hat Interactive Entertainment Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Blue Hat Interactive Entertainment Technology'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
	=	(1.273	+	2.339)	/	12.109
	=	0.30

Blue Hat Interactive Entertainment Technology's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0.458	+	2.169)	/	11.887
	=	0.22

Blue Hat Interactive Entertainment Technology (NAS:BHAT) 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.

Blue Hat Interactive Entertainment Technology Debt-to-Equity Related Terms

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

Blue Hat Interactive Entertainment Technology (Blue Hat Interactive Entertainment Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Blue Hat Interactive Entertainment Technology (NAS:BHAT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

4Y80:Germany

Address

No. 1010 Anling Road, 7th Floor, Building C, Huli District, Xiamen, CHN, 361009

Website

https://www.ir.bluehatgroup.com

Blue Hat Interactive Entertainment Technology is a producer, developer, and operator of augmented reality (AR) interactive entertainment games and toys in China, including interactive educational materials, mobile games, and toys with mobile game features. The company's products include AR Racer, AR Crazy Bug, AR 3D Magic Box, AR Dinosaur, Talking Tom and Friends Bouncing Bubble, and Immersive Education Classes. The company reports in the following segments: Interactive toys - animation series, Interactive toys - game series, and Mobile games, Information services, and Communication services, out of which the majority of the revenue is generated from the game series. The majority of its revenues are generated in China.