TMSR Holding Co (TMSR Holding Co) Debt-to-Equity : 0.20 (As of Dec. 2023)

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What is TMSR Holding Co Debt-to-Equity?

TMSR Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.38 Mil. TMSR Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.32 Mil. TMSR Holding Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $8.35 Mil. TMSR Holding Co's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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

WYIGU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.06 Max: 0.25
Current: 0.2

During the past 9 years, the highest Debt-to-Equity Ratio of TMSR Holding Co was 0.25. The lowest was 0.00. And the median was 0.06.

WYIGU's Debt-to-Equity is ranked worse than
56.1% of 426 companies
in the Interactive Media industry
Industry Median: 0.155 vs WYIGU: 0.20

TMSR Holding Co Debt-to-Equity Historical Data

The historical data trend for TMSR Holding 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.

TMSR Holding Co Debt-to-Equity Chart

TMSR Holding Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.25

0.05

0.02

0.06

0.20

TMSR Holding Co 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															0.06	0.01	-	0.25	0.20

Competitive Comparison of TMSR Holding Co's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, TMSR Holding 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.

TMSR Holding Co's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, TMSR Holding Co's Debt-to-Equity distribution charts can be found below:

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

TMSR Holding Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TMSR Holding 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
	=	(0.38	+	1.318)	/	8.348
	=	0.20

TMSR Holding Co's Debt to Equity Ratio for the quarter 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
	=	(0.38	+	1.318)	/	8.348
	=	0.20

TMSR Holding Co (NAS:WYIGU) 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.

TMSR Holding Co Debt-to-Equity Related Terms

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TMSR Holding Co (TMSR Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » TMSR Holding Co Ltd (NAS:WYIGU) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

GDC:USA

Address

No.165-171 Wan Chai Road, Flat 1512, 15th Floor, Lucky Centre,, Wan Chai, HKG, 610047

Website

http://www.ccnctech.com

GD Culture Group Ltd is a holding company with no material operations of its own. It conducts business through Shanghai Highlight Media Co. Ltd. Highlight Media, is an integrated marketing service agency, focusing on serving businesses in China in connection with brand management, image building, public relations, social media management and event planning.