Meta Media Holdings (HKSE:00072) Debt-to-Equity : 1.03 (As of Dec. 2023)

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What is Meta Media Holdings Debt-to-Equity?

Meta Media Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$193.5 Mil. Meta Media Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$53.7 Mil. Meta Media Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$240.8 Mil. Meta Media Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.03.

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

HKSE:00072' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.34 Max: 1.04
Current: 1.03

During the past 13 years, the highest Debt-to-Equity Ratio of Meta Media Holdings was 1.04. The lowest was 0.22. And the median was 0.34.

HKSE:00072's Debt-to-Equity is ranked worse than
78.56% of 835 companies
in the Media - Diversified industry
Industry Median: 0.28 vs HKSE:00072: 1.03

Meta Media Holdings Debt-to-Equity Historical Data

The historical data trend for Meta Media 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.

Meta Media Holdings Debt-to-Equity Chart

Meta Media Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.44

0.41

0.70

1.04

1.03

Meta Media Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.70	0.72	1.04	1.04	1.03

Competitive Comparison of Meta Media Holdings's Debt-to-Equity

For the Advertising Agencies subindustry, Meta Media 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.

Meta Media Holdings's Debt-to-Equity Distribution in the Media - Diversified Industry

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

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

Meta Media Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Meta Media Holdings'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
	=	(193.508	+	53.675)	/	240.793
	=	1.03

Meta Media Holdings'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
	=	(193.508	+	53.675)	/	240.793
	=	1.03

Meta Media Holdings (HKSE:00072) 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.

Meta Media Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Meta Media Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Meta Media Holdings (HKSE:00072) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Meta Media Holdings Ltd (HKSE:00072) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Units 213, Number 1 Software Park Road, 2nd Floor, Block 2, Exhibition Centre, Guangdong Province, Zhuhai, CHN

Website

https://www.modernmedia.com.cn

Meta Media Holdings Ltd is an investment holding company principally engaged in media businesses. It operates through two segments. The art platform segment contributes the majority of the firm's revenue and is engaged in the sales of advertising spaces in magazines, the publication, and distribution of its magazines and periodicals, artwork trading, an auction, as well as art exhibition and education. The Digital platform segment is engaged in the publication of digital media products and sales of advertising spaces through a digital media platform, as well as the production of customized content for brand advertisers. The company operates in China, Hongkong, and the United Kingdom, out of which China accounts for the majority of the revenue.

Executives

Zhou Shao-min	2202 Interest of your spouse
Shao Zhong	2101 Beneficial owner

Meta Media Holdings (HKSE:00072) Headlines

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