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WRIT Media Group (WRIT Media Group) Debt-to-Equity : 0.06 (As of Dec. 2017)


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What is WRIT Media Group Debt-to-Equity?

WRIT Media Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was $0.23 Mil. WRIT Media Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was $0.00 Mil. WRIT Media Group's Total Stockholders Equity for the quarter that ended in Dec. 2017 was $3.83 Mil. WRIT Media Group's debt to equity for the quarter that ended in Dec. 2017 was 0.06.

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 WRIT Media Group's Debt-to-Equity or its related term are showing as below:

WRIT's Debt-to-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

WRIT Media Group Debt-to-Equity Historical Data

The historical data trend for WRIT Media Group'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.

WRIT Media Group Debt-to-Equity Chart

WRIT Media Group Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.29 0.20 -0.23 -0.39 0.10

WRIT Media Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 0.06 0.10 0.11 0.10 0.06

Competitive Comparison of WRIT Media Group's Debt-to-Equity

For the Entertainment subindustry, WRIT Media Group'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.


WRIT Media Group's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, WRIT Media Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where WRIT Media Group's Debt-to-Equity falls into.



WRIT Media Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WRIT Media Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 2017 is calculated as

WRIT Media Group's Debt to Equity Ratio for the quarter that ended in Dec. 2017 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.


WRIT Media Group  (OTCPK:WRIT) 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.


WRIT Media Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of WRIT Media Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


WRIT Media Group (WRIT Media Group) Business Description

Traded in Other Exchanges
N/A
Address
1980 Festival Plaza Drive, Suite 300, Las Vegas, NV, USA, 89135
WRIT Media Group Inc is a part of the media industry. It is mainly engaged in producing films, television programs, and similar entertainment programs for various media formats. It is a content creation company, which produces, acquires, licenses, and distributes music-related content in three-dimensional (3-D), and ultra-high definition (4K) for initial worldwide digital broadcast into digitally-enabled movie theatres. It also licenses classic pre-Windows computer game libraries and adapts, and republishes titles for smartphones, game consoles, personal computers, tablets, and other television streaming devices.

WRIT Media Group (WRIT Media Group) Headlines

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