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Wuhan DDMC Culture & Sports Co (SHSE:600136) Debt-to-Equity : 0.05 (As of Mar. 2024)


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What is Wuhan DDMC Culture & Sports Co Debt-to-Equity?

Wuhan DDMC Culture & Sports Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2.8 Mil. Wuhan DDMC Culture & Sports Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥14.9 Mil. Wuhan DDMC Culture & Sports Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥373.0 Mil. Wuhan DDMC Culture & Sports Co's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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 Wuhan DDMC Culture & Sports Co's Debt-to-Equity or its related term are showing as below:

SHSE:600136' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.49   Med: 0.57   Max: 72.9
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Wuhan DDMC Culture & Sports Co was 72.90. The lowest was -0.49. And the median was 0.57.

SHSE:600136's Debt-to-Equity is ranked better than
81.94% of 836 companies
in the Media - Diversified industry
Industry Median: 0.285 vs SHSE:600136: 0.05

Wuhan DDMC Culture & Sports Co Debt-to-Equity Historical Data

The historical data trend for Wuhan DDMC Culture & Sports Co'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.

Wuhan DDMC Culture & Sports Co Debt-to-Equity Chart

Wuhan DDMC Culture & Sports Co 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 0.92 1.87 72.90 -0.49 0.05

Wuhan DDMC Culture & Sports Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.35 -0.26 -0.26 0.05 0.05

Competitive Comparison of Wuhan DDMC Culture & Sports Co's Debt-to-Equity

For the Entertainment subindustry, Wuhan DDMC Culture & Sports Co'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.


Wuhan DDMC Culture & Sports Co's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Wuhan DDMC Culture & Sports Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Wuhan DDMC Culture & Sports Co's Debt-to-Equity falls into.



Wuhan DDMC Culture & Sports Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wuhan DDMC Culture & Sports Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Wuhan DDMC Culture & Sports Co's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Wuhan DDMC Culture & Sports Co  (SHSE:600136) 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.


Wuhan DDMC Culture & Sports Co Debt-to-Equity Related Terms

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Wuhan DDMC Culture & Sports Co (SHSE:600136) Business Description

Traded in Other Exchanges
N/A
Address
Number 99 Zhongnan Road, Baoli Building, Block A, 33rd Floor, Wuchang District, Wuhan, CHN, 430071
Wuhan DDMC Culture & Sports Co Ltd is a China-based company focused on the cultural, sports and entertainment industry. It is engaged in designing and distributing entertainment contents in China. It produces movies, television shows, and other contents. The company also operates artist brokerage, theater management, and other businesses.
Executives
You Jian Ming Director
Zhou Jia Min senior management
Yi Ren Tao Director
Jiang Li Zhang Director

Wuhan DDMC Culture & Sports Co (SHSE:600136) Headlines

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