Advantech Co (TPE:2395) Debt-to-Equity : 0.05 (As of Mar. 2024)

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What is Advantech Co Debt-to-Equity?

Advantech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$574 Mil. Advantech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,647 Mil. Advantech Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$42,882 Mil. Advantech Co's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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

TPE:2395' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.06
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Advantech Co was 0.06. The lowest was 0.00. And the median was 0.02.

TPE:2395's Debt-to-Equity is ranked better than
84.05% of 2200 companies
in the Hardware industry
Industry Median: 0.28 vs TPE:2395: 0.05

Advantech Co Debt-to-Equity Historical Data

The historical data trend for Advantech 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.

Advantech Co Debt-to-Equity Chart

Advantech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.01

0.02

0.04

Advantech 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															0.06	0.05	0.05	0.04	0.05

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

For the Computer Hardware subindustry, Advantech 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.

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

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

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

Advantech Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Advantech 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
	=	(462.621	+	1610.905)	/	48461.152
	=	0.04

Advantech 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
	=	(573.823	+	1646.824)	/	42882.337
	=	0.05

Advantech Co (TPE:2395) 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.

Advantech Co Debt-to-Equity Related Terms

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

Advantech Co (TPE:2395) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Advantech Co Ltd (TPE:2395) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Alley 20, Lane 26, Rueiguang Road, Neihu District, Taipei, TWN, 114519

Website

https://www.advantech.com

Founded in 1981, Advantech is the world's largest industrial PC, or IPC, supplier, offering single-board computers, fanless IPCs, digital posts and more. The company reports three segments: embedded PCs, industry PC and automation solutions, and service and others. They contributed 50%, 39% and 11% revenue in 2022, respectively. Leveraging its presence in 27 countries, Advantech is expanding into Internet of Things verticals like smart retail, medical, transportation, industrial automation and energy by investing in Internet of Things solution partners and its proprietary WISE-PaaS platform. The headquarters is in Taipei, Taiwan. The company maintains most manufacturing facilities in Taiwan and Kunshan, China; and has 14 service centers globally.

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