KUKE (Kuke Music Holding) Debt-to-Asset : 0.15 (As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Kuke Music Holding Debt-to-Asset?

Kuke Music Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $4.67 Mil. Kuke Music Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.76 Mil. Kuke Music Holding's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $36.57 Mil. Kuke Music Holding's debt to asset for the quarter that ended in Jun. 2024 was 0.15.

Kuke Music Holding Debt-to-Asset Historical Data

The historical data trend for Kuke Music Holding's Debt-to-Asset 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.

Kuke Music Holding Debt-to-Asset Chart

Kuke Music Holding Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.14

0.09

0.05

0.32

0.35

Kuke Music Holding Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Asset	Get a 7-Day Free Trial						0.07	0.32	0.21	0.35	0.15

Competitive Comparison of Kuke Music Holding's Debt-to-Asset

For the Entertainment subindustry, Kuke Music Holding's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Kuke Music Holding's Debt-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kuke Music Holding's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Kuke Music Holding's Debt-to-Asset falls into.

Kuke Music Holding Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Kuke Music Holding's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(11.321	+	0.768)	/	34.803
	=	0.35

Kuke Music Holding's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(4.668	+	0.757)	/	36.571
	=	0.15

Kuke Music Holding (NYSE:KUKE) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Kuke Music Holding Debt-to-Asset Related Terms

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

Kuke Music Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Kuke Music Holding Ltd (NYSE:KUKE) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 San Jian Fang South Block, Building 96, Chaoyang District, Beijing, CHN, 100024

Website

https://www.kuke.com

Kuke Music Holding Ltd provides classical music licensing, subscription, and education services in China. The company licenses its music content to online music entertainment platforms, such as Tencent Music Entertainment Group, digital music service providers, such as NetEase Cloud Music, as well as film and TV production companies, airlines, and smart hardware companies. Users can access the platform through the website, mobile app, and smart music devices.