Formosa Advanced Technologies Co (TPE:8131) Debt-to-Equity : 0.05 (As of Mar. 2024)

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What is Formosa Advanced Technologies Co Debt-to-Equity?

Formosa Advanced Technologies Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$43 Mil. Formosa Advanced Technologies Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$469 Mil. Formosa Advanced Technologies Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$11,472 Mil. Formosa Advanced Technologies Co's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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

TPE:8131' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.05
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Formosa Advanced Technologies Co was 0.05. The lowest was 0.00. And the median was 0.04.

TPE:8131's Debt-to-Equity is ranked better than
80.66% of 874 companies
in the Semiconductors industry
Industry Median: 0.26 vs TPE:8131: 0.05

Formosa Advanced Technologies Co Debt-to-Equity Historical Data

The historical data trend for Formosa Advanced Technologies 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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Formosa Advanced Technologies Co Debt-to-Equity Chart

Formosa Advanced Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.05

0.04

Formosa Advanced Technologies 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															0.05	0.05	0.05	0.04	0.05

Competitive Comparison of Formosa Advanced Technologies Co's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Formosa Advanced Technologies 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.

Formosa Advanced Technologies Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Formosa Advanced Technologies Co's Debt-to-Equity distribution charts can be found below:

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

Formosa Advanced Technologies Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Formosa Advanced Technologies 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
	=	(42.412	+	480.137)	/	11807.236
	=	0.04

Formosa Advanced Technologies 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
	=	(43.209	+	469.257)	/	11471.821
	=	0.04

Formosa Advanced Technologies Co (TPE:8131) 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.

Formosa Advanced Technologies Co Debt-to-Equity Related Terms

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Formosa Advanced Technologies Co (TPE:8131) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Formosa Advanced Technologies Co Ltd (TPE:8131) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.329, Ho-Nan Street, Touliu, TWN, 640

Website

https://www.fatc.com.tw

Formosa Advanced Technologies Co Ltd is a professional manufacturer of DRAM assembly, testing and module Turn-Key service in Taiwan. Its operations include the packaging, testing, processing, and research and development of integrated chips. The group's business activity is operated in Taiwan, Hong Kong, and South Korea. It provides services applied in thin small-outline packages (TSOPs), quad flat packages (QFPs), ball grid array (BGA) packages, chip probing (CP) testing, solid-state disk (SSD) testing, system-in-package (SIP) testing, embedded multimedia card (eMMC) testing, as well as cutting, grinding and testing of light-emitting diodes (LED) wafers, among others.

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