Solar Applied Materials Technology (ROCO:1785) Debt-to-Equity : 0.81 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Solar Applied Materials Technology Debt-to-Equity?

Solar Applied Materials Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$4,647 Mil. Solar Applied Materials Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$6,240 Mil. Solar Applied Materials Technology's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$13,433 Mil. Solar Applied Materials Technology's debt to equity for the quarter that ended in Mar. 2024 was 0.81.

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 Solar Applied Materials Technology's Debt-to-Equity or its related term are showing as below:

ROCO:1785' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51 Med: 1.36 Max: 3.69
Current: 0.81

During the past 13 years, the highest Debt-to-Equity Ratio of Solar Applied Materials Technology was 3.69. The lowest was 0.51. And the median was 1.36.

ROCO:1785's Debt-to-Equity is ranked worse than
81.54% of 2627 companies
in the Industrial Products industry
Industry Median: 0.29 vs ROCO:1785: 0.81

Solar Applied Materials Technology Debt-to-Equity Historical Data

The historical data trend for Solar Applied Materials Technology'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.

Solar Applied Materials Technology Debt-to-Equity Chart

Solar Applied Materials Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.51

1.35

0.84

0.79

0.83

Solar Applied Materials Technology 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															0.80	0.81	0.83	0.83	0.81

Competitive Comparison of Solar Applied Materials Technology's Debt-to-Equity

For the Metal Fabrication subindustry, Solar Applied Materials Technology'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.

Solar Applied Materials Technology's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solar Applied Materials Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Solar Applied Materials Technology's Debt-to-Equity falls into.

Solar Applied Materials Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Solar Applied Materials Technology'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
	=	(4262.229	+	6514.206)	/	12946.63
	=	0.83

Solar Applied Materials Technology'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
	=	(4646.912	+	6239.933)	/	13433.384
	=	0.81

Solar Applied Materials Technology (ROCO:1785) 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.

Solar Applied Materials Technology Debt-to-Equity Related Terms

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

Solar Applied Materials Technology (ROCO:1785) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Solar Applied Materials Technology Corp (ROCO:1785) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Gongye 3rd Road, Annan District, Tainan, TWN, 70955

Website

https://www.solartech.com.tw

Solar Applied Materials Technology Corp is an optical data storage thin-film manufacturer. It is engaged in precious metal and rare material refining, special forming, and processing. The company offers key materials and integrated service models to customers for application in optoelectronics, information, petrochemicals, and consumer electronics industries. The products of the firm are classified into four categories, namely precious chemicals, and materials; special chemicals; resources recycling; and targets for thin film application. The group operates In Taiwan and internationally.

Solar Applied Materials Technology (ROCO:1785) Headlines

No Headlines