Megacable HoldingsB de CV (Megacable HoldingsB de CV) Debt-to-Equity

: 0.26 (As of Sep. 2023)

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Megacable HoldingsB de CV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $4 Mil. Megacable HoldingsB de CV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $513 Mil. Megacable HoldingsB de CV's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,972 Mil. Megacable HoldingsB de CV's debt to equity for the quarter that ended in Sep. 2023 was 0.26.

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 Megacable HoldingsB de CV's Debt-to-Equity or its related term are showing as below:

MHSDF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.16 Max: 0.33
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Megacable HoldingsB de CV was 0.33. The lowest was 0.01. And the median was 0.16.

MHSDF's Debt-to-Equity is ranked better than
51.83% of 845 companies
in the Media - Diversified industry
Industry Median: 0.28 vs MHSDF: 0.26

Megacable HoldingsB de CV Debt-to-Equity Historical Data

The historical data trend for Megacable HoldingsB de CV'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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Megacable HoldingsB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.14

0.23

0.24

0.25

0.22

Megacable HoldingsB de CV 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															0.12	0.22	0.12	0.33	0.26

Competitive Comparison

For the Entertainment subindustry, Megacable HoldingsB de CV'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.

Megacable HoldingsB de CV Debt-to-Equity Distribution

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

* The bar in red indicates where Megacable HoldingsB de CV's Debt-to-Equity falls into.

Megacable HoldingsB de CV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Megacable HoldingsB de CV'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
	=	(174.751	+	212.638)	/	1779.552
	=	0.22

Megacable HoldingsB de CV'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
	=	(4.33	+	513.488)	/	1972.073
	=	0.26

Megacable HoldingsB de CV (OTCPK:MHSDF) 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.

Megacable HoldingsB de CV Debt-to-Equity Related Terms

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Megacable HoldingsB de CV (Megacable HoldingsB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Megacable Holdings SAB de CV (OTCPK:MHSDF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MEGACPO:Mexico

Address

Lazaro Cardenas 1694, Colonia del Fresno, Guadalajara, MEX, 44900

Website

http://www.megacable.com.mx

Megacable Holdings SAB de CV is a diversified media company with interests in cable television services. The company has several business segments, including Cable Network, Internet, Telephone, Business, and other. The Cable Network segment distributes television broadcasting programs. The Internet segment provides Internet subscription services to corporate clients and individual customers. The Telephone segment provides fixed-line communications services. The Business segment provides IT services to enterprise clients, and the Other business segment provides advertising services. Megacable Holdings SAB de CV generates the majority of its revenue in Mexico.