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Yulon Finance (TPE:9941) Debt-to-Equity : 6.10 (As of Mar. 2024)


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What is Yulon Finance Debt-to-Equity?

Yulon Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$227,789 Mil. Yulon Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$4,528 Mil. Yulon Finance's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$38,064 Mil. Yulon Finance's debt to equity for the quarter that ended in Mar. 2024 was 6.10.

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 Yulon Finance's Debt-to-Equity or its related term are showing as below:

TPE:9941' s Debt-to-Equity Range Over the Past 10 Years
Min: 6.1   Med: 8.45   Max: 12.2
Current: 6.1

During the past 13 years, the highest Debt-to-Equity Ratio of Yulon Finance was 12.20. The lowest was 6.10. And the median was 8.45.

TPE:9941's Debt-to-Equity is ranked worse than
90.97% of 432 companies
in the Credit Services industry
Industry Median: 1.13 vs TPE:9941: 6.10

Yulon Finance Debt-to-Equity Historical Data

The historical data trend for Yulon Finance'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.

Yulon Finance Debt-to-Equity Chart

Yulon Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.12 8.47 8.35 6.58 6.46

Yulon Finance 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 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 6.42 6.98 6.84 6.46 6.10

Competitive Comparison of Yulon Finance's Debt-to-Equity

For the Credit Services subindustry, Yulon Finance'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.


Yulon Finance's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Yulon Finance's Debt-to-Equity distribution charts can be found below:

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



Yulon Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yulon Finance's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Yulon Finance's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Yulon Finance  (TPE:9941) 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.


Yulon Finance Debt-to-Equity Related Terms

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


Yulon Finance (TPE:9941) Business Description

Traded in Other Exchanges
Address
No. 2, Dunhua South Road, Section 2, 15th Floor, Taipei, TWN
Yulon Finance Corp is mainly focused on purchasing of accounts receivable which are related to products such as new cars and used cars.

Yulon Finance (TPE:9941) Headlines

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