Great World Co Holdings (HKSE:08003) Debt-to-Equity : -0.32 (As of Sep. 2024)

View and export this data going back to 1999. Start your Free Trial

What is Great World Co Holdings Debt-to-Equity?

Great World Co Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$4.39 Mil. Great World Co Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$1.56 Mil. Great World Co Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was HK$-18.83 Mil. Great World Co Holdings's debt to equity for the quarter that ended in Sep. 2024 was -0.32.

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 Great World Co Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:08003' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.4 Med: 0.16 Max: 1.13
Current: -0.32

During the past 13 years, the highest Debt-to-Equity Ratio of Great World Co Holdings was 1.13. The lowest was -0.40. And the median was 0.16.

HKSE:08003's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.27 vs HKSE:08003: -0.32

Great World Co Holdings Debt-to-Equity Historical Data

The historical data trend for Great World Co 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.

Great World Co Holdings Debt-to-Equity Chart

Great World Co Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.05

0.03

0.14

-0.33

-0.32

Great World Co Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	-0.30	-0.40	-0.32	-0.32

Competitive Comparison of Great World Co Holdings's Debt-to-Equity

For the Advertising Agencies subindustry, Great World Co 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.

Great World Co Holdings's Debt-to-Equity Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Great World Co Holdings's Debt-to-Equity falls into.

Save Embed

;

Save Embed

;

Great World Co Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Great World Co Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(4.112	+	1.749)	/	-18.091
	=	-0.32

Great World Co Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(4.387	+	1.556)	/	-18.834
	=	-0.32

Great World Co Holdings (HKSE:08003) 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.

Great World Co Holdings Debt-to-Equity Related Terms

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

Great World Co Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Great World Co Holdings Ltd (HKSE:08003) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Cheung Shun Street, Office No. 4, 21st Floor, Saxon Tower, Lai Chi Kok, Kowloon, Hong Kong, HKG

Website

https://www.gwchl.com

Great World Co Holdings Ltd is an investment holding company. The firm has four segments. The intelligent advertising and railroad media business segment that derives the majority of revenue offers mobile advertising media services for intelligent advertising and property market customers in the PRC. Cultivation and sales of agricultural and forestry products segment engage in the cultivation of forestry and wood material products, Chinese herbal medicine ingredients, agricultural by-products, and sales of processed and prepackaged food. Trading (Supply Chain) Business sales information technology products and industrial consumer products, as well as related R&D. Property business, engages in property investment and development, operating and managing residential and commercial properties.

Executives

Win Bless Limited	2101 Beneficial owner
Zhao Xinyan	2201 Interest of corporation controlled by you
Lin Shunping	2101 Beneficial owner
Gold City Assets Holdings Limited
Ng Mui King Joky

Great World Co Holdings Headlines

No Headlines