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Tian Ge Interactive Holdings (HKSE:01980) Debt-to-Asset : 0.05 (As of Dec. 2023)


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What is Tian Ge Interactive Holdings Debt-to-Asset?

Tian Ge Interactive Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$149.39 Mil. Tian Ge Interactive Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1.23 Mil. Tian Ge Interactive Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was HK$2,800.17 Mil. Tian Ge Interactive Holdings's debt to asset for the quarter that ended in Dec. 2023 was 0.05.


Tian Ge Interactive Holdings Debt-to-Asset Historical Data

The historical data trend for Tian Ge Interactive Holdings's Debt-to-Asset 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.

Tian Ge Interactive Holdings Debt-to-Asset Chart

Tian Ge Interactive Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.04 0.08 0.11 0.05

Tian Ge Interactive Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Asset 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 0.08 0.13 0.11 0.05 0.05

Competitive Comparison of Tian Ge Interactive Holdings's Debt-to-Asset

For the Internet Content & Information subindustry, Tian Ge Interactive Holdings's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Tian Ge Interactive Holdings's Debt-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tian Ge Interactive Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Tian Ge Interactive Holdings's Debt-to-Asset falls into.



Tian Ge Interactive Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tian Ge Interactive Holdings's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(149.391 + 1.234) / 2800.165
=0.05

Tian Ge Interactive Holdings's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(149.391 + 1.234) / 2800.165
=0.05

* 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.


Tian Ge Interactive Holdings  (HKSE:01980) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Tian Ge Interactive Holdings Debt-to-Asset Related Terms

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Tian Ge Interactive Holdings (HKSE:01980) Business Description

Traded in Other Exchanges
N/A
Address
Intime City Tower E, 12-14th Floor, Gongshu District, Hangzhou, CHN
Tian Ge Interactive Holdings Ltd is a Chinese investment holding company that engages in the online entertainment business. The company develops and operates real-time video technology so its users can socialize and interact through video chat and text. The company is also involved with creating mobile game platforms, O2O Entertainments, and has a health, personal, and beauty care business. The firm's segments include Online interactive entertainment services and Others. Online interactive entertainment services comprise the vast majority of the firm's overall revenue. It mainly operates its business in China.

Tian Ge Interactive Holdings (HKSE:01980) Headlines

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