Values Cultural Investment (HKSE:01740) Debt-to-Equity : 0.00 (As of Jun. 2023)

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What is Values Cultural Investment Debt-to-Equity?

Values Cultural Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0.49 Mil. Values Cultural Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0.00 Mil. Values Cultural Investment's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$287.64 Mil. Values Cultural Investment's debt to equity for the quarter that ended in Jun. 2023 was 0.00.

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 Values Cultural Investment's Debt-to-Equity or its related term are showing as below:

HKSE:01740' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.14
Current: 0.01

During the past 8 years, the highest Debt-to-Equity Ratio of Values Cultural Investment was 0.14. The lowest was 0.00. And the median was 0.04.

HKSE:01740's Debt-to-Equity is ranked better than
99.88% of 846 companies
in the Media - Diversified industry
Industry Median: 0.28 vs HKSE:01740: 0.01

Values Cultural Investment Debt-to-Equity Historical Data

The historical data trend for Values Cultural Investment'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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Values Cultural Investment Debt-to-Equity Chart

Values Cultural Investment Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.06

0.01

Values Cultural Investment Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									-	-	-	-	0.01

Competitive Comparison of Values Cultural Investment's Debt-to-Equity

For the Entertainment subindustry, Values Cultural Investment'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.

Values Cultural Investment's Debt-to-Equity Distribution in the Media - Diversified Industry

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

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

Values Cultural Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Values Cultural Investment'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
	=	(0.986	+	0)	/	307.744
	=	0.00

Values Cultural Investment'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
	=	(0.488	+	0)	/	287.644
	=	0.00

Values Cultural Investment (HKSE:01740) 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.

Values Cultural Investment Debt-to-Equity Related Terms

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

Values Cultural Investment (HKSE:01740) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Values Cultural Investment Ltd (HKSE:01740) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Hoi Shing Road, Room 16, 28th Floor, One Midtown, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.yuanshimedia.com

Values Cultural Investment Ltd is an investment holding company. It is engaged in licensing of broadcasting rights of TV series, investing in TV series and web series as a non-executive producer, and acting as a distribution agent of TV series. The company's customers include TV stations, companies that are engaged in the business of distribution of TV series, executive producers, and copyright owners of the TV series.

Values Cultural Investment (HKSE:01740) Headlines

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