YH Entertainment Group (YH Entertainment Group) Debt-to-Equity : 0.21 (As of Dec. 2023)

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What is YH Entertainment Group Debt-to-Equity?

YH Entertainment Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.0 Mil. YH Entertainment Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $38.2 Mil. YH Entertainment Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $184.9 Mil. YH Entertainment Group's debt to equity for the quarter that ended in Dec. 2023 was 0.21.

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

YHEGF' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.23 Med: 0.21 Max: 0.24
Current: 0.21

During the past 5 years, the highest Debt-to-Equity Ratio of YH Entertainment Group was 0.24. The lowest was -4.23. And the median was 0.21.

YHEGF's Debt-to-Equity is ranked better than
57.6% of 835 companies
in the Media - Diversified industry
Industry Median: 0.29 vs YHEGF: 0.21

YH Entertainment Group Debt-to-Equity Historical Data

The historical data trend for YH Entertainment 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.

YH Entertainment Group Debt-to-Equity Chart

YH Entertainment Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.23

-4.23

0.24

-0.61

0.21

YH Entertainment Group Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.24	N/A	-0.61	0.06	0.21

Competitive Comparison of YH Entertainment Group's Debt-to-Equity

For the Entertainment subindustry, YH Entertainment 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.

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

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

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

YH Entertainment Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

YH Entertainment Group'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
	=	(0.976	+	38.185)	/	184.88
	=	0.21

YH Entertainment Group's Debt to Equity Ratio for the quarter 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
	=	(0.976	+	38.185)	/	184.88
	=	0.21

YH Entertainment Group (OTCPK:YHEGF) 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.

YH Entertainment Group Debt-to-Equity Related Terms

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

YH Entertainment Group (YH Entertainment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » YH Entertainment Group (OTCPK:YHEGF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

02306:Hong Kong

Address

No. 27 West Dawang Road, Room 150, Building 119, Chaoyang District, Beijing, CHN

Website

https://www.yuehuamusic.com

YH Entertainment Group is an artist management company in China. The company has grown into a cultural and entertainment platform comprising three complementary business segments artist management, music IP production and operation, and pan-entertainment business. The artist management business, provides services to customers, including corporate customers, media platforms, content producers, and advertising agencies, by arranging for managed artists to participate in commercial activities and perform in movies, drama series, and a variety of programs. With the music IP production and operation business, the company licenses the music IPs in the library to music streaming platforms and other music service providers for licensing fees and sells digital and physical copies of music IPs.

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