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Kuang Hong Arts Management (ROCO:6596) Debt-to-Equity : 0.12 (As of Sep. 2024)


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What is Kuang Hong Arts Management Debt-to-Equity?

Kuang Hong Arts Management's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$99 Mil. Kuang Hong Arts Management's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$0 Mil. Kuang Hong Arts Management's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$830 Mil. Kuang Hong Arts Management's debt to equity for the quarter that ended in Sep. 2024 was 0.12.

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 Kuang Hong Arts Management's Debt-to-Equity or its related term are showing as below:

ROCO:6596' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.09   Max: 0.83
Current: 0.12

During the past 11 years, the highest Debt-to-Equity Ratio of Kuang Hong Arts Management was 0.83. The lowest was 0.03. And the median was 0.09.

ROCO:6596's Debt-to-Equity is ranked better than
68.64% of 829 companies
in the Media - Diversified industry
Industry Median: 0.28 vs ROCO:6596: 0.12

Kuang Hong Arts Management Debt-to-Equity Historical Data

The historical data trend for Kuang Hong Arts Management'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.

Kuang Hong Arts Management Debt-to-Equity Chart

Kuang Hong Arts Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.09 0.06 0.14 0.08

Kuang Hong Arts Management Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.08 0.09 0.15 0.12

Competitive Comparison of Kuang Hong Arts Management's Debt-to-Equity

For the Entertainment subindustry, Kuang Hong Arts Management'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.


Kuang Hong Arts Management's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kuang Hong Arts Management's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kuang Hong Arts Management's Debt-to-Equity falls into.



Kuang Hong Arts Management Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kuang Hong Arts Management's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Kuang Hong Arts Management's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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.


Kuang Hong Arts Management  (ROCO:6596) 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.


Kuang Hong Arts Management Debt-to-Equity Related Terms

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Kuang Hong Arts Management Business Description

Traded in Other Exchanges
N/A
Address
No. 267, Lequn 2nd Road, 6th Floor, Zhongshan District, Taipei, TWN, 10485
Kuang Hong Arts Management Inc is a media company involved in promoting cultural events which include music, dance, exhibitions, Drama, Lectures, and other events.

Kuang Hong Arts Management Headlines

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