iXensor Co (ROCO:6734) Debt-to-Equity : 1.60 (As of Dec. 2023)

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What is iXensor Co Debt-to-Equity?

iXensor Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$27.53 Mil. iXensor Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$24.98 Mil. iXensor Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$32.73 Mil. iXensor Co's debt to equity for the quarter that ended in Dec. 2023 was 1.60.

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

ROCO:6734' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.07 Max: 1.6
Current: 1.6

During the past 8 years, the highest Debt-to-Equity Ratio of iXensor Co was 1.60. The lowest was 0.00. And the median was 0.07.

ROCO:6734's Debt-to-Equity is ranked worse than
93.57% of 700 companies
in the Medical Devices & Instruments industry
Industry Median: 0.22 vs ROCO:6734: 1.60

iXensor Co Debt-to-Equity Historical Data

The historical data trend for iXensor 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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iXensor Co Debt-to-Equity Chart

iXensor Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.07

0.08

0.03

0.21

1.60

iXensor Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.03	0.19	0.21	0.48	1.60

Competitive Comparison of iXensor Co's Debt-to-Equity

For the Medical Devices subindustry, iXensor 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.

iXensor Co's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, iXensor Co's Debt-to-Equity distribution charts can be found below:

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

iXensor Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

iXensor 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
	=	(27.532	+	24.975)	/	32.733
	=	1.60

iXensor Co'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
	=	(27.532	+	24.975)	/	32.733
	=	1.60

iXensor Co (ROCO:6734) 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.

iXensor Co Debt-to-Equity Related Terms

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iXensor Co (ROCO:6734) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » iXensor Co Ltd (ROCO:6734) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, Lane 2, Lane 35, Jihu Road, 6th Floor, Neihu District, Taipei, TWN, 11492

Website

https://www.ixensor.com

iXensor Co Ltd is a Taiwan based company involved in research and development, manufacturing and sales of medical equipment. Its PixoTest technology utilizes the lighting and image sensing module of the smartphone or mobile device to detect the color change reaction on the biochemical test strip. This enables the users to monitor their conditions of diabetes, cardiovascular diseases, women health problems, or infectious diseases.

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