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SinoMedia Holding (HKSE:00623) Debt-to-Equity : 0.00 (As of Jun. 2024)


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What is SinoMedia Holding Debt-to-Equity?

SinoMedia Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$0.7 Mil. SinoMedia Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$1.7 Mil. SinoMedia Holding's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$1,770.0 Mil. SinoMedia Holding's debt to equity for the quarter that ended in Jun. 2024 was 0.00.

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 SinoMedia Holding's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of SinoMedia Holding was 0.09. The lowest was 0.00. And the median was 0.00.

HKSE:00623'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.

SinoMedia Holding Debt-to-Equity Historical Data

The historical data trend for SinoMedia Holding'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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SinoMedia Holding Debt-to-Equity Chart

SinoMedia Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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SinoMedia Holding Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of SinoMedia Holding's Debt-to-Equity

For the Advertising Agencies subindustry, SinoMedia Holding'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.


SinoMedia Holding's Debt-to-Equity Distribution in the Media - Diversified Industry

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

* The bar in red indicates where SinoMedia Holding's Debt-to-Equity falls into.



SinoMedia Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SinoMedia Holding's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

SinoMedia Holding's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

* 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.


SinoMedia Holding  (HKSE:00623) 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.


SinoMedia Holding Debt-to-Equity Related Terms

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SinoMedia Holding Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Guanghua Road, 7th Floor, The Place, SinoMedia Tower, Chaoyang District, Beijing, CHN
SinoMedia Holding Ltd is a media operation group in China that focuses on conducting cross-media investment and operation with creative video communication. The company owns business sections including CCTV's advertising agency business, brand content creative communication, film and television program investment and production, and internet precision marketing. It derives revenue from TV advertising, creative content production, and digital marketing services.
Executives
Tricor Equity Trustee Limited
Liu Jinlan
Chen Xin
Clh Holding Limited
Equity Trustee Limited

SinoMedia Holding Headlines

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