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Cineverse (Cineverse) Debt-to-Equity : 0.13 (As of Dec. 2023)


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What is Cineverse Debt-to-Equity?

Cineverse's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.37 Mil. Cineverse's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.53 Mil. Cineverse's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $44.50 Mil. Cineverse's debt to equity for the quarter that ended in Dec. 2023 was 0.13.

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

CNVS' s Debt-to-Equity Range Over the Past 10 Years
Min: -4754.57   Med: -2.02   Max: 24.19
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Cineverse was 24.19. The lowest was -4754.57. And the median was -2.02.

CNVS's Debt-to-Equity is ranked better than
66.55% of 846 companies
in the Media - Diversified industry
Industry Median: 0.28 vs CNVS: 0.13

Cineverse Debt-to-Equity Historical Data

The historical data trend for Cineverse'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.

Cineverse Debt-to-Equity Chart

Cineverse Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.77 -2.77 0.70 0.02 0.15

Cineverse Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.15 0.13 0.13 0.13

Competitive Comparison of Cineverse's Debt-to-Equity

For the Entertainment subindustry, Cineverse'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.


Cineverse's Debt-to-Equity Distribution in the Media - Diversified Industry

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

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



Cineverse Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cineverse's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Cineverse's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Cineverse  (NAS:CNVS) 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.


Cineverse Debt-to-Equity Related Terms

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


Cineverse (Cineverse) Business Description

Traded in Other Exchanges
N/A
Address
244 Fifth Avenue, Suite M289, New York, NY, USA, 10001
Cineverse Corp is a streaming technology and entertainment company. It operates portfolios of owned and operated streaming channels, all powered by its, proprietary technology platform. Cineverse currently features enthusiast brands for subscription video on demand (SVOD), advertising-based video on demand (AVOD), and free, ad-supported streaming television (FAST) channels. The company mainly operates through two segments, Content & Entertainment, and Cinema Equipment, from which Content & Entertainment derives the majority of its revenues.
Executives
Mark Torres officer: Chief People Officer 244 FIFTH AVENUE, SUITE M289, NEW YORK NY 10001
Yolanda Macias officer: Chief Content Officer 228 MANHATTAN BEACH BLVD., MANHATTAN BEACH CA 90266
Mark Wayne Lindsey officer: CFO 9841 WASHINGTONIAN BLVD, STE. #390, GAITHERSBURG MD 20878
Christopher J Mcgurk director, officer: CEO and Chairman C/O METRO-GOLDWYN-MAYER INC., 10250 CONSTELLATION BLVD., LOS ANGELES CA 90067
John K. Canning officer: CFO 237 WEST 35TH STREET, SUITE 605, NEW YORK NY 10001
Mark Antonio Huidor officer: COO and CTO 10353 VARIEL AVENUE, CHATSWORTH CA 91311
Erick Opeka officer: President - Networks 15301 VENTURA BLVD., B SUITE 420, LOS ANGELES CA 91403
Ashok Amritraj director C/O HYDE PARK ENTERTAINMENT, INC., 16633 VENTURA BOULEVARD, #1450, ENCINO CA 91436
Pat O'brien director C/O IRONCLAD PERFORMANCE WEAR CORP., 2201 PARK PLACE, SUITE 101, EL SEGUNDO CA 90245
Peixin Xu director, 10 percent owner B609-610, 21ST CENTURY TOWER. NO. 40, LIANGMAQIAO ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Beitai Investment Ltd other: Former 10% Owner 89 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KYI-9009
Bison Entertainment Investment Ltd 10 percent owner UNIT 1501-2, 15F SINO PLAZA, 255 GLOUCESTER ROAD, CAUSEWAY BAY K3 00000
Bison Entertainment & Media Group 10 percent owner UNIT 1501-2, 15F SINO PLAZA, 255 GLOUCESTER ROAD, CAUSEWAY BAY K3 00000
Fengyun Jiang 10 percent owner B609-610, 21ST CENTURY TOWER. NO. 40, LIANGMAQIAO ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Bison Capital Holding Co Ltd 10 percent owner 609-610, 21ST CENTURY TOWER, 40 LIANGMAQIAO RD, CHAOYANG DISTRICT, BEIJING F4 100016