CMGO (CMG Holdings Group) Debt-to-Equity: 1.76 (As of Sep. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is CMG Holdings Group Debt-to-Equity?

CMG Holdings Group CMGO -99.50% Debt-to-Equity is 1.76 as of Sep. 2024.

CMG Holdings Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.79 Mil. CMG Holdings Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. CMG Holdings Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $0.45 Mil. CMG Holdings Group's debt to equity for the quarter that ended in Sep. 2024 was 1.76.

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 CMG Holdings Group's Debt-to-Equity or its related term are showing as below:

CMGO's Debt-to-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 0.26
* Ranked among companies with meaningful Debt-to-Equity only.

CMG Holdings Group  (OTCPK:CMGO) 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.

CMG Holdings Group Debt-to-Equity Related Terms

CMG Holdings Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for CMG Holdings Group'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.

CMG Holdings Group Debt-to-Equity Chart

CMG Holdings Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.98 -2.60 0.89 1.09 1.29

CMG Holdings Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.60 1.29 1.46 1.38 1.76

CMGO vs NWCN, MMND, DBMM: Debt-to-Equity Comparison

For the Advertising Agencies subindustry, CMG Holdings Group'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.

CMG Holdings Group Debt-to-Equity vs Media - Diversified Industry

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

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


CMG Holdings Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CMG Holdings Group'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
=(0.787 + 0) / 0.611
=1.29

CMG Holdings Group's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
=(0.787 + 0) / 0.448
=1.76

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.76 mean?
CMG Holdings Group (CMGO) has a Debt-to-Equity of 1.76 as of Sep. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CMG Holdings Group and its competitors.
Is CMG Holdings Group's Debt-to-Equity too high?
CMG Holdings Group's current Debt-to-Equity is 1.76. The Media - Diversified industry median Debt-to-Equity is 0.26. CMG Holdings Group's value of 1.76 is 576.9% above this industry median.
How does CMG Holdings Group's Debt-to-Equity compare to NWCN and MMND?
CMG Holdings Group's Debt-to-Equity of 1.76 can be compared against companies in the Media - Diversified industry. The industry median Debt-to-Equity is 0.26. CMG Holdings Group's value of 1.76 is 576.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Media - Diversified company?
The median Debt-to-Equity among Media - Diversified companies is 0.26, based on 831 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CMG Holdings Group's current Debt-to-Equity of 1.76 is 576.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CMG Holdings Group and its competitors. For the Media - Diversified industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMG Holdings Group's current Debt-to-Equity is 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMG Holdings Group stock overvalued right now?
CMG Holdings Group (CMGO) has a current Debt-to-Equity of 1.76. The current Debt-to-Equity is 1.76 and 576.9% above the Media - Diversified industry median of 0.26. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For CMG Holdings Group (CMGO), the current Debt-to-Equity is 1.76 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CMG Holdings Group Business Description

Address 2130 North Lincoln Park West 8 North, Chicago, IL, USA, 60614
CMG Holdings Group Inc is a marketing communications company focused on the operation of organizations in the alternative advertising, digital media, experiential and interactive marketing, and entertainment industries. It operates in two segments: XA and CMG Holding Group.