Transmit Entertainment (HKSE:01326) Debt-to-Equity : -0.72 (As of Dec. 2024)

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What is Transmit Entertainment Debt-to-Equity?

Transmit Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$103.2 Mil. Transmit Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$75.1 Mil. Transmit Entertainment's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$-248.0 Mil. Transmit Entertainment's debt to equity for the quarter that ended in Dec. 2024 was -0.72.

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 Transmit Entertainment's Debt-to-Equity or its related term are showing as below:

HKSE:01326' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.77 Med: 1.09 Max: 17.23
Current: -0.72

During the past 13 years, the highest Debt-to-Equity Ratio of Transmit Entertainment was 17.23. The lowest was -0.77. And the median was 1.09.

HKSE:01326's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.27 vs HKSE:01326: -0.72

Transmit Entertainment Debt-to-Equity Historical Data

The historical data trend for Transmit Entertainment'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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Transmit Entertainment Debt-to-Equity Chart

Transmit Entertainment Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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5.97

2.96

1.00

2.39

-0.77

Transmit Entertainment Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															1.04	2.39	2.17	-0.77	-0.72

Competitive Comparison of Transmit Entertainment's Debt-to-Equity

For the Entertainment subindustry, Transmit Entertainment'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.

Transmit Entertainment's Debt-to-Equity Distribution in the Media - Diversified Industry

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

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

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Transmit Entertainment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Transmit Entertainment's Debt to Equity Ratio for the fiscal year 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
	=	(100.647	+	74.455)	/	-226.784
	=	-0.77

Transmit Entertainment's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(103.248	+	75.108)	/	-247.975
	=	-0.72

Transmit Entertainment (HKSE:01326) 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.

Transmit Entertainment Debt-to-Equity Related Terms

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Transmit Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Transmit Entertainment Ltd (HKSE:01326) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

128 Gloucester Road, Flat B, 14th Floor, Neich Tower, Wanchai, Hong Kong, HKG

Website

https://www.transmit-ent.com

Transmit Entertainment Ltd is engaged in engages in film, TV series, and variety show production, distribution and licensing of film rights and other businesses. The Group produces Chinese variety shows and TV series in both Mainland China and Hong Kong. The firm operates in the following segments: TV series production and distribution; Film exhibition and Pan entertainment. The majority of its revenue is generated from the TV series production and distribution segment. Geographically, it derives maximum revenue from Mainland, the People's Republic of China, and the rest from Hong Kong.

Executives

Gardner Aaron Luke (in The Capacity As The Receiver)	2501 Other
Fok Hei Yu (in The Capacity As The Receiver)	2501 Other
Zhang Liang, Johnson	2101 Beneficial owner
Charming Treasure Investments Ltd.	2106 Person having a security interest in shares
China Orient Asset Management (international) Holding Limited	2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
Dong Yin Development (holdings) Limited	2201 Interest of corporation controlled by you
Nice Rich Group Limited	2101 Beneficial owner
Wise Leader Assets Ltd.	2201 Interest of corporation controlled by you

Transmit Entertainment Headlines

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