Holiday Entertainment Co (TPE:9943) Debt-to-Equity: 0.25 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:9943 Holiday Entertainment Co Ltd TPE:9943
89 GF Score
Price NT$51.20
GF Value NT$64.93
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Holiday Entertainment Co Debt-to-Equity?

Holiday Entertainment Co TPE:9943 -0.78% 89 Debt-to-Equity is 0.25 as of Jun. 2026, which is 4% above its 10-year median of 0.24. GuruFocus rates TPE:9943 with a GF Score™ of 89/100 and a GF Value™ of NT$64.93 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 719 Travel & Leisure companies, Holiday Entertainment Co ranks better than 63.56% on this metric.

Holiday Entertainment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$233 Mil. Holiday Entertainment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$692 Mil. Holiday Entertainment Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$3,702 Mil. Holiday Entertainment Co's debt to equity for the quarter that ended in Jun. 2026 was 0.25.

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 Holiday Entertainment Co's Debt-to-Equity or its related term are showing as below:

TPE:9943' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.24   Max: 0.31
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Holiday Entertainment Co was 0.31. The lowest was 0.03. And the median was 0.24.

TPE:9943's Debt-to-Equity is ranked better than
63.56% of 719 companies
in the Travel & Leisure industry
Industry Median: 0.42 vs TPE:9943: 0.25

Holiday Entertainment Co  (TPE:9943) 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.


Holiday Entertainment Co Debt-to-Equity Related Terms


Holiday Entertainment Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Holiday Entertainment 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.

Holiday Entertainment Co Debt-to-Equity Chart

Holiday Entertainment Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.28 0.21 0.19 0.22

Holiday Entertainment Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.21 0.22 0.22 0.26 0.25

TPE:9943 vs AS, HAS, LTH: Debt-to-Equity Comparison

For the Leisure subindustry, Holiday Entertainment 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.


Holiday Entertainment Co Debt-to-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Holiday Entertainment Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Holiday Entertainment Co's Debt-to-Equity falls into.


TPE:9943
89GF Score
Holiday Entertainment Co Ltd TPE:9943
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Holiday Entertainment Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Holiday Entertainment Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Holiday Entertainment Co's Debt to Equity Ratio for the quarter that ended in Jun. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.25 mean?
Holiday Entertainment Co (TPE:9943) has a Debt-to-Equity of 0.25 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Holiday Entertainment Co and its competitors. This is near median its historical median of 0.24. Over the past decade, Holiday Entertainment Co's Debt-to-Equity has ranged from 0.03 to 0.31. According to the industry distribution chart, Holiday Entertainment Co ranks #262 out of 719 companies in the Travel & Leisure industry, placing it in the top 36.4%.
Is Holiday Entertainment Co's Debt-to-Equity too high?
Holiday Entertainment Co's current Debt-to-Equity of 0.25 is near median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.31. The Travel & Leisure industry median Debt-to-Equity is 0.42. Holiday Entertainment Co's value of 0.25 is 40.5% below this industry median. Based on the distribution chart, Holiday Entertainment Co ranks #262 out of 719 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Holiday Entertainment Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Holiday Entertainment Co's Debt-to-Equity compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Holiday Entertainment Co ranks #262 out of 719 companies for Debt-to-Equity. This puts Holiday Entertainment Co in the upper half of its industry. The industry median Debt-to-Equity is 0.42. Holiday Entertainment Co's value of 0.25 is 40.5% below this benchmark. Historically, Holiday Entertainment Co's own Debt-to-Equity has ranged from 0.03 to 0.31 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.42, Holiday Entertainment Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.42, based on 719 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Holiday Entertainment Co's current Debt-to-Equity of 0.25 is 40.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Holiday Entertainment Co and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Holiday Entertainment Co's current Debt-to-Equity is 0.25, which is near median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Holiday Entertainment Co stock overvalued right now?
Based on GuruFocus' analysis, Holiday Entertainment Co (TPE:9943) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$64.93, compared to a current price of NT$51.20 — trading 21.1% below its estimated fair value. The current Debt-to-Equity is 0.25, which is near median its 10-year median of 0.24 and 40.5% below the Travel & Leisure industry median of 0.42. Holiday Entertainment Co's overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Holiday Entertainment Co (TPE:9943), the current Debt-to-Equity is 0.25 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Holiday Entertainment Co (TPE:9943) Overvalued in 2026?

Based on GuruFocus' analysis, Holiday Entertainment Co stock appears to be undervalued. The current stock price of NT$51.20 is trading 21.1% below its estimated GF Value™ of NT$64.93. GuruFocus considers Holiday Entertainment Co to be Modestly Undervalued.

Key valuation signals for TPE:9943:

  • Debt-to-Equity: 0.25 (near median its 10-year median of 0.24)
  • GF Value™: NT$64.93 vs. price of NT$51.20 (21.1% below fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 40.5% below the Travel & Leisure median (#262 of 719)

No single metric tells the full story. See the TPE:9943 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Holiday Entertainment Co Business Description

Address Section 5, Zhongxiao East Road, 4th Floor, No. 293, Xinyi District, Taipei, TWN, 293
Holiday Entertainment Co Ltd is mainly engaged in providing audio-visual and singing equipment, along with operating audiovisual and karaoke facilities and related restaurants. The company is involved in the trading of audio-visual equipment and supplies, as well as publishing audio tapes and records, and conducting performing arts activities. In addition, it undertakes advertising operations. The business operates through two reportable segments: Audiovisual and Singing Equipment, and Copy and Royalty Business, with the majority of its revenue generated from the Audiovisual and Singing Equipment segment.
89GF Score

Get the complete analysis for TPE:9943

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$51.20
Price
NT$64.93
GF Value