Kuaishou Technology (HKSE:01024) Debt-to-Equity : 0.38 (As of Jun. 2024)

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What is Kuaishou Technology Debt-to-Equity?

Kuaishou Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$10,902 Mil. Kuaishou Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$12,364 Mil. Kuaishou Technology's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$60,744 Mil. Kuaishou Technology's debt to equity for the quarter that ended in Jun. 2024 was 0.38.

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 Kuaishou Technology's Debt-to-Equity or its related term are showing as below:

HKSE:01024' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.08 Med: 0.25 Max: 0.38
Current: 0.38

During the past 7 years, the highest Debt-to-Equity Ratio of Kuaishou Technology was 0.38. The lowest was -0.08. And the median was 0.25.

HKSE:01024's Debt-to-Equity is ranked worse than
72.12% of 416 companies
in the Interactive Media industry
Industry Median: 0.15 vs HKSE:01024: 0.38

Kuaishou Technology Debt-to-Equity Historical Data

The historical data trend for Kuaishou Technology'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.

Kuaishou Technology Debt-to-Equity Chart

Kuaishou Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-0.08

-0.04

0.30

0.33

0.32

Kuaishou Technology 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															N/A	0.32	N/A	0.38	N/A

Competitive Comparison of Kuaishou Technology's Debt-to-Equity

For the Internet Content & Information subindustry, Kuaishou Technology'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.

Kuaishou Technology's Debt-to-Equity Distribution in the Interactive Media Industry

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

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

Kuaishou Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kuaishou Technology'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
	=	(8003.18	+	9193.212)	/	53664.073
	=	0.32

Kuaishou Technology's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(10902.156	+	12364.102)	/	60743.966
	=	0.38

Kuaishou Technology (HKSE:01024) 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.

Kuaishou Technology Debt-to-Equity Related Terms

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

Kuaishou Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kuaishou Technology (HKSE:01024) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KSHTY:USA KUASF:USA 0A74:UK 5Y0:Germany

Address

No. 6, Xierqi West Road, Haidian District, Beijing, CHN, 100085

Website

https://www.kuaishou.com

Kuaishou Technology is a social media platform on which users can share short-form videos that are up to 5 minutes long. The audience engages with the platform by looking at different videos on demand at any time, similar to TikTok. About 53% of revenue is generated from advertising, mainly in the form of targeted ads related to the video content—known as closed-loop ads—but also from outside unrelated brands. Kuaishou also generates livestream revenue by selling virtual gifts to fans that are donated to performers. It also has livestreaming e-commerce, where users purchase products related to the video, generating commission from each transaction. Kuaishou competes mainly with ByteDance's Douyin, as both are short-form video platforms. Tencent owns 19% of Kuaishou.

Executives

Dcm Investment Management Vii, L.p.	2201 Interest of corporation controlled by you
Dcm International Vii, Ltd.	2201 Interest of corporation controlled by you
Tencent Holdings Limited	2201 Interest of corporation controlled by you
Dcm Ventures China Fund (dcm Vii), L.p.	2101 Beneficial owner
Dcm Ventures China Fund (dcm Vii), L.p.	2101 Beneficial owner
Ni Yuanyuan	2202 Interest of your spouse
Liu Qin	2201 Interest of corporation controlled by you
Shi Jianming	2201 Interest of corporation controlled by you
Chan Tan Ching Fen	2307 Founder of a discretionary trust who can infl
Morningside China Tmt Gp Ii, L.p.	2201 Interest of corporation controlled by you
Morningside China Tmt Fund Ii, L.p.	2101 Beneficial owner
Indigo Enterprises Holdings (ptc) Limited	2301 Trustee
Tmt General Partner Ltd.	2201 Interest of corporation controlled by you
Lou Yiting	2202 Interest of your spouse
Landmark Trust Switzerland Sa	2301 Trustee

Kuaishou Technology Headlines

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