BLADE Entertainment Co (XKRX:044480) Debt-to-Equity : 4.32 (As of Mar. 2024)

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What is BLADE Entertainment Co Debt-to-Equity?

BLADE Entertainment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩56,607 Mil. BLADE Entertainment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩9,940 Mil. BLADE Entertainment Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩15,405 Mil. BLADE Entertainment Co's debt to equity for the quarter that ended in Mar. 2024 was 4.32.

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

XKRX:044480' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.36 Max: 4.32
Current: 4.32

During the past 13 years, the highest Debt-to-Equity Ratio of BLADE Entertainment Co was 4.32. The lowest was 0.03. And the median was 0.36.

XKRX:044480's Debt-to-Equity is ranked worse than
95.33% of 836 companies
in the Media - Diversified industry
Industry Median: 0.28 vs XKRX:044480: 4.32

BLADE Entertainment Co Debt-to-Equity Historical Data

The historical data trend for BLADE 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.

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BLADE Entertainment Co Debt-to-Equity Chart

BLADE Entertainment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.66

0.26

1.12

1.88

4.30

BLADE Entertainment 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															2.22	2.39	2.99	4.30	4.32

Competitive Comparison of BLADE Entertainment Co's Debt-to-Equity

For the Entertainment subindustry, BLADE 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.

BLADE Entertainment Co's Debt-to-Equity Distribution in the Media - Diversified Industry

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

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

BLADE Entertainment Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BLADE Entertainment 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
	=	(58904.523	+	9892.401)	/	16000.851
	=	4.30

BLADE Entertainment 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
	=	(56606.839	+	9939.646)	/	15405.143
	=	4.32

BLADE Entertainment Co (XKRX:044480) 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.

BLADE Entertainment Co Debt-to-Equity Related Terms

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

BLADE Entertainment Co (XKRX:044480) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » BLADE Entertainment Co Ltd (XKRX:044480) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

473-3 Gwangjang-ro, Jeungpyeong-eup, Chungcheongbuk-do, Jeungpyeong-gun, KOR

Website

http://www.bladeent.com

BLADE Entertainment Co Ltd plans, develops, and delivers various content such as drama production and management, and will move forward as a total entertainment group loved by consumers around the world with creative thinking. It has Artists, Musicians, Dramas, and Movies production.

BLADE Entertainment Co (XKRX:044480) Headlines

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