Xinhua Winshare Publishing & Media Co (Xinhua Winshare Publishing & Media Co) Debt-to-Equity : 0.02 (As of Mar. 2024)

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What is Xinhua Winshare Publishing & Media Co Debt-to-Equity?

Xinhua Winshare Publishing & Media Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $5 Mil. Xinhua Winshare Publishing & Media Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $32 Mil. Xinhua Winshare Publishing & Media Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,876 Mil. Xinhua Winshare Publishing & Media Co's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Xinhua Winshare Publishing & Media Co's Debt-to-Equity or its related term are showing as below:

SHXWF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.05
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Xinhua Winshare Publishing & Media Co was 0.05. The lowest was 0.01. And the median was 0.04.

SHXWF's Debt-to-Equity is ranked better than
92.31% of 832 companies
in the Media - Diversified industry
Industry Median: 0.29 vs SHXWF: 0.02

Xinhua Winshare Publishing & Media Co Debt-to-Equity Historical Data

The historical data trend for Xinhua Winshare Publishing & Media 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.

Xinhua Winshare Publishing & Media Co Debt-to-Equity Chart

Xinhua Winshare Publishing & Media Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.05

0.03

0.02

Xinhua Winshare Publishing & Media 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															0.03	0.03	0.03	0.02	0.02

Competitive Comparison of Xinhua Winshare Publishing & Media Co's Debt-to-Equity

For the Publishing subindustry, Xinhua Winshare Publishing & Media 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.

Xinhua Winshare Publishing & Media Co's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Xinhua Winshare Publishing & Media Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Xinhua Winshare Publishing & Media Co's Debt-to-Equity falls into.

Xinhua Winshare Publishing & Media Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Xinhua Winshare Publishing & Media Co'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
	=	(6.484	+	32.342)	/	1830.614
	=	0.02

Xinhua Winshare Publishing & Media Co's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(5.186	+	31.542)	/	1875.613
	=	0.02

Xinhua Winshare Publishing & Media Co (OTCPK:SHXWF) 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.

Xinhua Winshare Publishing & Media Co Debt-to-Equity Related Terms

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Xinhua Winshare Publishing & Media Co (Xinhua Winshare Publishing & Media Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Xinhua Winshare Publishing & Media Co Ltd (OTCPK:SHXWF) » Definitions » Debt-to-Equity

Traded in Other Exchanges

00811:Hong Kong 601811:China

Address

No. 238 Sanse Road, Unit 1, Block 1, Jinjiang District, Sichuan, Chengdu, CHN

Website

https://www.winshare.com.cn

Xinhua Winshare Publishing & Media Co Ltd is engaged in the publishing of books, periodicals and audio-visual products and distribution of textbooks and supplementary materials. It operates its activity in China through two operating segments; the Publication segment which includes the publishing of books, periodicals and audiovisual products and the Distribution segment which comprises of distribution of textbooks and supplementary materials. The group generates a majority of its revenue from the Distribution segment.

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