Ourgame International Holdings (FRA:13O) Debt-to-Equity : 0.20 (As of Jun. 2023)

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What is Ourgame International Holdings Debt-to-Equity?

Ourgame International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €1.51 Mil. Ourgame International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €5.63 Mil. Ourgame International Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €36.05 Mil. Ourgame International Holdings's debt to equity for the quarter that ended in Jun. 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 Ourgame International Holdings's Debt-to-Equity or its related term are showing as below:

FRA:13O' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.21 Max: 0.54
Current: 0.2

During the past 10 years, the highest Debt-to-Equity Ratio of Ourgame International Holdings was 0.54. The lowest was 0.07. And the median was 0.21.

FRA:13O's Debt-to-Equity is not ranked
in the Interactive Media industry.
Industry Median: 0.17 vs FRA:13O: 0.20

Ourgame International Holdings Debt-to-Equity Historical Data

The historical data trend for Ourgame International Holdings'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.

Ourgame International Holdings Debt-to-Equity Chart

Ourgame International Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.07

0.45

0.37

0.21

Ourgame International Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.33	0.21	0.19	0.21	0.20

Competitive Comparison of Ourgame International Holdings's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, Ourgame International Holdings'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.

Ourgame International Holdings's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Ourgame International Holdings's Debt-to-Equity distribution charts can be found below:

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

Ourgame International Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ourgame International Holdings'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
	=	(1.642	+	6.445)	/	38.385
	=	0.21

Ourgame International Holdings'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
	=	(1.508	+	5.626)	/	36.047
	=	0.20

Ourgame International Holdings (FRA:13O) 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.

Ourgame International Holdings Debt-to-Equity Related Terms

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Ourgame International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Ourgame International Holdings Ltd (FRA:13O) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Matheson Street, 31/F, Tower Two Times Square, Causeway Bay, Hong Kong, HKG

Website

https://www.ourgame.com

Ourgame International Holdings Ltd is engaged in the development and operation of online card and board, organizing and broadcasting online to offline mind-sports events, tournaments, TV shows and content. The company's products include board games, card games, mahjong games, casual games, flash games, Texas Hold'em, Fight the Landlord, mobile games, and other self-developed games. It organizes its business in three segments namely PC games, Mobile games and others which include game tournaments organized by the company. Revenue generated by the company mostly comes from China through sales of games as well as sponsorship income and other miscellaneous revenue.

Ourgame International Holdings Headlines

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