Bac Majestic (LTS:0QCU) Debt-to-Equity: -0.01 (As of Jun. 2015)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Bac Majestic Debt-to-Equity?

Bac Majestic LTS:0QCU Debt-to-Equity is -0.01 as of Jun. 2015. The stock has 1 warning sign investors should review.

Bac Majestic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was €0.02 Mil. Bac Majestic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was €0.04 Mil. Bac Majestic's Total Stockholders Equity for the quarter that ended in Jun. 2015 was €-9.25 Mil. Bac Majestic's debt to equity for the quarter that ended in Jun. 2015 was -0.01.

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 Bac Majestic's Debt-to-Equity or its related term are showing as below:

LTS:0QCU's Debt-to-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 0.25
* Ranked among companies with meaningful Debt-to-Equity only.

Bac Majestic  (LTS:0QCU) 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.

Bac Majestic Debt-to-Equity Related Terms

Bac Majestic Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Bac Majestic'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.

Bac Majestic Debt-to-Equity Chart

Bac Majestic Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only -0.46 0.00 -0.16 -0.03 -0.04

Bac Majestic Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.03 -0.03 -0.01 -0.04 -0.01

LTS:0QCU vs SBSAA, TMGI, NTN: Debt-to-Equity Comparison

For the Broadcasting subindustry, Bac Majestic'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.

Bac Majestic Debt-to-Equity vs Media - Diversified Industry

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

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


Bac Majestic Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bac Majestic's Debt to Equity Ratio for the fiscal year that ended in Dec. 2014 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
=(0.274 + 0.09) / -9.241
=-0.04

Bac Majestic's Debt to Equity Ratio for the quarter that ended in Jun. 2015 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
=(0.017 + 0.042) / -9.251
=-0.01

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.01 mean?
Bac Majestic (LTS:0QCU) has a Debt-to-Equity of -0.01 as of Jun. 2015. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bac Majestic and its competitors.
Is Bac Majestic's Debt-to-Equity too high?
Bac Majestic's current Debt-to-Equity is -0.01.
How does Bac Majestic's Debt-to-Equity compare to SBSAA and TMGI?
Bac Majestic's Debt-to-Equity of -0.01 can be compared against companies in the Media - Diversified industry. The industry median Debt-to-Equity is 0.25. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Media - Diversified company?
The median Debt-to-Equity among Media - Diversified companies is 0.25, based on 835 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bac Majestic and its competitors. For the Media - Diversified industry, the median Debt-to-Equity is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bac Majestic's current Debt-to-Equity is -0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bac Majestic stock overvalued right now?
Bac Majestic (LTS:0QCU) has a current Debt-to-Equity of -0.01. The current Debt-to-Equity is -0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Bac Majestic (LTS:0QCU), the current Debt-to-Equity is -0.01 as of Jun. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bac Majestic Business Description

Bac Majestic is engaged in the coproducing and distributing films in France and internationally. It involves in the distribution of films to theaters and on video, as well as to television channels.