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QMMM (QMMM Holdings) Debt-to-Equity : 0.03 (As of Sep. 2024)


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What is QMMM Holdings Debt-to-Equity?

QMMM Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.15 Mil. QMMM Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. QMMM Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $5.29 Mil. QMMM Holdings's debt to equity for the quarter that ended in Sep. 2024 was 0.03.

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

QMMM' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.6   Med: -0.16   Max: 0.96
Current: 0.03

During the past 4 years, the highest Debt-to-Equity Ratio of QMMM Holdings was 0.96. The lowest was -2.60. And the median was -0.16.

QMMM's Debt-to-Equity is ranked better than
89% of 836 companies
in the Media - Diversified industry
Industry Median: 0.26 vs QMMM: 0.03

QMMM Holdings Debt-to-Equity Historical Data

The historical data trend for QMMM 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.

QMMM Holdings Debt-to-Equity Chart

QMMM Holdings Annual Data
Trend Sep21 Sep22 Sep23 Sep24
Debt-to-Equity
-2.60 0.96 -0.36 0.03

QMMM Holdings Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Debt-to-Equity Get a 7-Day Free Trial 0.96 -0.49 -0.36 -0.23 0.03

Competitive Comparison of QMMM Holdings's Debt-to-Equity

For the Advertising Agencies subindustry, QMMM 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.

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

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

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


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QMMM Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

QMMM Holdings's Debt to Equity Ratio for the fiscal year 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
=(0.154 + 0) / 5.286
=0.03

QMMM 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
=(0.154 + 0) / 5.286
=0.03

* 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.

QMMM Holdings  (NAS:QMMM) 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.

QMMM Holdings Debt-to-Equity Related Terms

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

QMMM Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » QMMM Holdings Ltd (NAS:QMMM) » Definitions » Debt-to-Equity
Comparable Companies
SWAG CHR CNFN DRCT DLPN STFS KRKR LDWY NWCN LKCO XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 TSE:4751 XPAR:DEC SZSE:002131 SZSE:300058
Traded in Other Exchanges
N/A
Address
8 Watson Road Tin Hau, Unit 1301, Block C, Sea View Estate, Hong Kong, HKG
Website
https://www.qmmm.io
QMMM Holdings Ltd is a digital advertising and marketing production services company. It operates through its two wholly owned subsidiaries: ManyMany Creations and Quantum Matrix. It has used interactive design, animation, art-tech and virtual technologies in over 500 commercial campaigns. The company has worked with large domestic and international banks, real estate developers, amusement parks, top international athletic apparel and footwear brands, and luxury cosmetic products and international brands for their advertising and creation work in Hong Kong. Its clients include local and international banks, real-estate developers, luxury brands, high fashion houses, and theme parks.