Highlight Event and Entertainment AG (LTS:0QL0) Debt-to-Equity : 0.48 (As of Dec. 2023)

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What is Highlight Event and Entertainment AG Debt-to-Equity?

Highlight Event and Entertainment AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF13.4 Mil. Highlight Event and Entertainment AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF25.1 Mil. Highlight Event and Entertainment AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was CHF80.3 Mil. Highlight Event and Entertainment AG's debt to equity for the quarter that ended in Dec. 2023 was 0.48.

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 Highlight Event and Entertainment AG's Debt-to-Equity or its related term are showing as below:

LTS:0QL0' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 0.49 Max: 0.79
Current: 0.48

During the past 13 years, the highest Debt-to-Equity Ratio of Highlight Event and Entertainment AG was 0.79. The lowest was 0.43. And the median was 0.49.

LTS:0QL0's Debt-to-Equity is ranked worse than
61.42% of 845 companies
in the Media - Diversified industry
Industry Median: 0.29 vs LTS:0QL0: 0.48

Highlight Event and Entertainment AG Debt-to-Equity Historical Data

The historical data trend for Highlight Event and Entertainment AG'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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Highlight Event and Entertainment AG Debt-to-Equity Chart

Highlight Event and Entertainment AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.43

0.49

0.69

0.79

0.48

Highlight Event and Entertainment AG Semi-Annual Data
	Jun14	Dec14	Jun15	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															0.69	0.72	0.79	0.82	0.48

Competitive Comparison of Highlight Event and Entertainment AG's Debt-to-Equity

For the Entertainment subindustry, Highlight Event and Entertainment AG'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.

Highlight Event and Entertainment AG's Debt-to-Equity Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Highlight Event and Entertainment AG's Debt-to-Equity falls into.

Highlight Event and Entertainment AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Highlight Event and Entertainment AG'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
	=	(13.388	+	25.123)	/	80.32
	=	0.48

Highlight Event and Entertainment AG'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
	=	(13.388	+	25.123)	/	80.32
	=	0.48

Highlight Event and Entertainment AG (LTS:0QL0) 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.

Highlight Event and Entertainment AG Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Highlight Event and Entertainment AG's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Highlight Event and Entertainment AG (LTS:0QL0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Highlight Event and Entertainment AG (LTS:0QL0) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HLEEz:UK HLEE:Switzerland

Address

Netzibodenstrasse 23b, Pratteln, CHE, CH-4133

Website

https://www.hlee.ch

Highlight Event and Entertainment AG is engaged in the business of event marketing and entertainment which consist of marketing rights for the Vienna Philharmonic orchestra and the Eurovision song contest. The company's business segment includes Film segment, the Sports and Events segment and Others segment. It generates maximum revenue from the Film segment. Geographically, it operates in Switzerland, Germany, the Rest of Europe and the Rest of world.

Highlight Event and Entertainment AG (LTS:0QL0) Headlines

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