Digital Hollywood Interactive (HKSE:02022) Debt-to-Equity : 0.04 (As of Dec. 2023)

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What is Digital Hollywood Interactive Debt-to-Equity?

Digital Hollywood Interactive's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2.84 Mil. Digital Hollywood Interactive's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5.14 Mil. Digital Hollywood Interactive's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$220.12 Mil. Digital Hollywood Interactive's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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 Digital Hollywood Interactive's Debt-to-Equity or its related term are showing as below:

HKSE:02022' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.04 Max: 0.04
Current: 0.04

During the past 10 years, the highest Debt-to-Equity Ratio of Digital Hollywood Interactive was 0.04. The lowest was 0.04. And the median was 0.04.

HKSE:02022's Debt-to-Equity is ranked better than
77.75% of 418 companies
in the Interactive Media industry
Industry Median: 0.16 vs HKSE:02022: 0.04

Digital Hollywood Interactive Debt-to-Equity Historical Data

The historical data trend for Digital Hollywood Interactive'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.

Digital Hollywood Interactive Debt-to-Equity Chart

Digital Hollywood Interactive Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.04

Digital Hollywood Interactive Semi-Annual Data
	Dec14	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													0.04	0.04	0.04	0.04	0.04

Competitive Comparison of Digital Hollywood Interactive's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, Digital Hollywood Interactive'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.

Digital Hollywood Interactive's Debt-to-Equity Distribution in the Interactive Media Industry

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

* The bar in red indicates where Digital Hollywood Interactive's Debt-to-Equity falls into.

Digital Hollywood Interactive Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Digital Hollywood Interactive'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
	=	(2.843	+	5.139)	/	220.119
	=	0.04

Digital Hollywood Interactive'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
	=	(2.843	+	5.139)	/	220.119
	=	0.04

Digital Hollywood Interactive (HKSE:02022) 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.

Digital Hollywood Interactive Debt-to-Equity Related Terms

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

Digital Hollywood Interactive (HKSE:02022) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Digital Hollywood Interactive Ltd (HKSE:02022) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 368 Jiang Nan Da Dao (South), 2nd Floor, Haizhu District, Guangzhou, CHN

Website

https://www.gamehollywood.com/company

Digital Hollywood Interactive Ltd is a publisher of online games developed by third party game developers or its own. The Group licenses online games from game developers and earns game publishing service revenue by making a localised version of the licensed games and publishing them to the game players through distribution platforms, including social networking websites, online application stores, webbased and mobile game portals in certain countries and regions, including the Group's websites. The games licensed to the Group are operated under a free-to-play model whereby game players can play the games free of charge and are charged for the purchase of Game Tokens or other virtual items via payment channels, such as the various mobile carriers and third-party internet payment systems.

Executives

Luo Simin
Di Qi Da Dao Kong Gu You Xian Gong Si	2101 Beneficial owner
Angel Age Limited
Hdq Digital Holdings Limited
Huang Deqiang
Huang Guozhan
Lu Yuanfeng
Luo Simin
Lxt Digital Holdings Limited
Lyf Digital Holdings Limited
7road Holdings Limited	2201 Interest of corporation controlled by you
7 Road International Group Limited
Epic City Limited
The Core Trust Company Limited

Digital Hollywood Interactive (HKSE:02022) Headlines

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