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Inmyshow Digital Technology (Group) Co (SHSE:600556) Debt-to-Equity : 0.24 (As of Mar. 2024)


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What is Inmyshow Digital Technology (Group) Co Debt-to-Equity?

Inmyshow Digital Technology (Group) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥857 Mil. Inmyshow Digital Technology (Group) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥44 Mil. Inmyshow Digital Technology (Group) Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,841 Mil. Inmyshow Digital Technology (Group) Co's debt to equity for the quarter that ended in Mar. 2024 was 0.23.

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 Inmyshow Digital Technology (Group) Co's Debt-to-Equity or its related term are showing as below:

SHSE:600556' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.24   Max: 24.65
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Inmyshow Digital Technology (Group) Co was 24.65. The lowest was 0.02. And the median was 0.24.

SHSE:600556's Debt-to-Equity is ranked better than
54.19% of 847 companies
in the Media - Diversified industry
Industry Median: 0.28 vs SHSE:600556: 0.24

Inmyshow Digital Technology (Group) Co Debt-to-Equity Historical Data

The historical data trend for Inmyshow Digital Technology (Group) 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.

Inmyshow Digital Technology (Group) Co Debt-to-Equity Chart

Inmyshow Digital Technology (Group) 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 - 0.02 0.05 0.22 0.27

Inmyshow Digital Technology (Group) 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 0.24 0.25 0.24 0.27 0.24

Competitive Comparison of Inmyshow Digital Technology (Group) Co's Debt-to-Equity

For the Advertising Agencies subindustry, Inmyshow Digital Technology (Group) 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.


Inmyshow Digital Technology (Group) Co's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Inmyshow Digital Technology (Group) Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Inmyshow Digital Technology (Group) Co's Debt-to-Equity falls into.



Inmyshow Digital Technology (Group) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Inmyshow Digital Technology (Group) Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Inmyshow Digital Technology (Group) 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.


Inmyshow Digital Technology (Group) Co  (SHSE:600556) 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.


Inmyshow Digital Technology (Group) Co Debt-to-Equity Related Terms

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Inmyshow Digital Technology (Group) Co (SHSE:600556) Business Description

Traded in Other Exchanges
N/A
Address
No.16, West Beihai Avenue, Building D, 17th Floor, Haifu Building, Guangxi Zhuang Autonomous Region, Beihai, CHN, 536000
Inmyshow Digital Technology (Group) Co Ltd is engaged in providing broadcasting services. It covers sports broadcasting like football live, basketball live, football videos, basketball videos, sports news, team database services, and others.

Inmyshow Digital Technology (Group) Co (SHSE:600556) Headlines

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