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Mega View Digital Entertainment (TSXV:MVD.H) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Mega View Digital Entertainment Debt-to-Equity?

Mega View Digital Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Mega View Digital Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Mega View Digital Entertainment's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$-0.16 Mil. Mega View Digital Entertainment's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Mega View Digital Entertainment's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Mega View Digital Entertainment was -0.02. The lowest was -3.50. And the median was -1.15.

TSXV:MVD.H's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.125
* Ranked among companies with meaningful Debt-to-Equity only.

Mega View Digital Entertainment Debt-to-Equity Historical Data

The historical data trend for Mega View Digital Entertainment'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.

Mega View Digital Entertainment Debt-to-Equity Chart

Mega View Digital Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Mega View Digital Entertainment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Mega View Digital Entertainment's Debt-to-Equity

For the Shell Companies subindustry, Mega View Digital Entertainment'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.


Mega View Digital Entertainment's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Mega View Digital Entertainment's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mega View Digital Entertainment's Debt-to-Equity falls into.



Mega View Digital Entertainment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mega View Digital Entertainment's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Mega View Digital Entertainment'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.


Mega View Digital Entertainment  (TSXV:MVD.H) 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.


Mega View Digital Entertainment Debt-to-Equity Related Terms

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Mega View Digital Entertainment (TSXV:MVD.H) Business Description

Traded in Other Exchanges
N/A
Address
50 Melham Court, Toronto, ON, CAN, M1B 2E5
Mega View Digital Entertainment Corp is a shell company and does not have any operation. The company is looking for a business to acquire.

Mega View Digital Entertainment (TSXV:MVD.H) Headlines

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