Creative China Holdings (HKSE:08368) Debt-to-Equity : 0.07 (As of Dec. 2023)

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What is Creative China Holdings Debt-to-Equity?

Creative China Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$20.1 Mil. Creative China Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.0 Mil. Creative China Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$286.3 Mil. Creative China Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

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 Creative China Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:08368' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.25 Max: 0.37
Current: 0.07

During the past 10 years, the highest Debt-to-Equity Ratio of Creative China Holdings was 0.37. The lowest was 0.03. And the median was 0.25.

HKSE:08368's Debt-to-Equity is ranked better than
77.01% of 844 companies
in the Media - Diversified industry
Industry Median: 0.28 vs HKSE:08368: 0.07

Creative China Holdings Debt-to-Equity Historical Data

The historical data trend for Creative China 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.

Creative China Holdings Debt-to-Equity Chart

Creative China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.31

0.37

0.28

0.17

0.07

Creative China Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.17	N/A	0.34	N/A	0.07

Competitive Comparison of Creative China Holdings's Debt-to-Equity

For the Entertainment subindustry, Creative China 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.

Creative China Holdings's Debt-to-Equity Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Creative China Holdings's Debt-to-Equity falls into.

Creative China Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Creative China Holdings'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
	=	(20.092	+	0)	/	286.322
	=	0.07

Creative China Holdings'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
	=	(20.092	+	0)	/	286.322
	=	0.07

Creative China Holdings (HKSE:08368) 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.

Creative China Holdings Debt-to-Equity Related Terms

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

Creative China Holdings (HKSE:08368) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Creative China Holdings Ltd (HKSE:08368) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5A Xiangjun Nanli 2nd Alley, Room 1901, 19th Floor, Yulin Building, Chaoyang District, Beijing, CHN

Website

http://www.ntmediabj.com

Creative China Holdings Ltd is an investment holding company in China. It has five operating segments program production, concert and event organization, mobile application development, and operation; and artist management. The program production segment provides film and television program original script creation, adaption, production & licensing, and related services. The company's geographical segments are Hong Kong and China.

Creative China Holdings (HKSE:08368) Headlines

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