Winking Studios (SGX:WKS) Debt-to-Equity : 0.11 (As of Jun. 2024)

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What is Winking Studios Debt-to-Equity?

Winking Studios's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was S$1.18 Mil. Winking Studios's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was S$1.83 Mil. Winking Studios's Total Stockholders Equity for the quarter that ended in Jun. 2024 was S$28.36 Mil. Winking Studios's debt to equity for the quarter that ended in Jun. 2024 was 0.11.

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 Winking Studios's Debt-to-Equity or its related term are showing as below:

SGX:WKS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.15 Max: 0.25
Current: 0.11

During the past 4 years, the highest Debt-to-Equity Ratio of Winking Studios was 0.25. The lowest was 0.07. And the median was 0.15.

SGX:WKS's Debt-to-Equity is ranked better than
53.85% of 416 companies
in the Interactive Media industry
Industry Median: 0.15 vs SGX:WKS: 0.11

Winking Studios Debt-to-Equity Historical Data

The historical data trend for Winking Studios'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.

Winking Studios Debt-to-Equity Chart

Winking Studios Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.07

0.20

0.25

0.12

Winking Studios Semi-Annual Data
	Dec20	Dec21	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial			0.20	0.25	N/A	0.12	0.11

Competitive Comparison of Winking Studios's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, Winking Studios'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.

Winking Studios's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Winking Studios's Debt-to-Equity distribution charts can be found below:

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

Winking Studios Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Winking Studios'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
	=	(1.239	+	2.247)	/	28.57
	=	0.12

Winking Studios's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(1.177	+	1.825)	/	28.355
	=	0.11

Winking Studios (SGX:WKS) 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.

Winking Studios Debt-to-Equity Related Terms

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Winking Studios Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Winking Studios Ltd (SGX:WKS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WKS:UK

Address

6 Raffles Quay, No. 14-06, Singapore, SGP, 048580

Website

https://www.winkingworks.com

Winking Studios Ltd is an art outsourcing and game development studio providing complete end-to-end art outsourcing and game development services across various platforms. The three primary business segments of the company are the Art Outsourcing Segment, Game Development Segment, and Global Publishing and Other Services Segment. The company derives maximum revenue from the Art Outsourcing Segment which creates and develops digital art assets as part of its provision of art outsourcing services. The Group can provide a wide gamut of design services that include 2D concept art, 3D modeling, 2D animation, 3D animation, and visual effects. This art includes environment design and game character design.

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