Foxconn Technology Co (TPE:2354) Debt-to-Equity : 0.09 (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Foxconn Technology Co Debt-to-Equity?

Foxconn Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$9,282 Mil. Foxconn Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$357 Mil. Foxconn Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$105,357 Mil. Foxconn Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 0.09.

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

TPE:2354' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.15 Max: 0.26
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Foxconn Technology Co was 0.26. The lowest was 0.00. And the median was 0.15.

TPE:2354's Debt-to-Equity is ranked better than
74.95% of 2196 companies
in the Hardware industry
Industry Median: 0.29 vs TPE:2354: 0.09

Foxconn Technology Co Debt-to-Equity Historical Data

The historical data trend for Foxconn Technology 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.

* Premium members only.

Foxconn Technology Co Debt-to-Equity Chart

Foxconn Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.15

0.21

0.10

Foxconn Technology 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															0.08	0.07	0.10	0.10	0.09

Competitive Comparison of Foxconn Technology Co's Debt-to-Equity

For the Electronics & Computer Distribution subindustry, Foxconn Technology 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.

Foxconn Technology Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Foxconn Technology Co's Debt-to-Equity distribution charts can be found below:

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

Foxconn Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Foxconn Technology 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
	=	(10536.591	+	360.627)	/	105286.263
	=	0.10

Foxconn Technology 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
	=	(9281.971	+	357.401)	/	105356.9
	=	0.09

Foxconn Technology Co (TPE:2354) 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.

Foxconn Technology Co Debt-to-Equity Related Terms

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

Foxconn Technology Co (TPE:2354) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Foxconn Technology Co Ltd (TPE:2354) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3-2, Zhongshan Road, Tucheng District, Taipei, TWN

Website

https://www.foxconntech.com.tw

Foxconn Technology Co Ltd along with its subsidiaries is engaged in manufacturing, processing, and sales of case, heat dissipation modules, and consumer electronics products. The firm's operating segments include Trading services of electronic products and Manufacturing and sales of mechanical components. It generates a majority of its revenue from the Electronic product trading segment. Geographically, the company operates in China, Japan, Taiwan, USA, and others. It generates a majority of its revenue from Japan followed by China.

Foxconn Technology Co (TPE:2354) Headlines

No Headlines