Eslite Spectrum (ROCO:2926) Debt-to-Equity : 21.85 (As of Mar. 2024)

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What is Eslite Spectrum Debt-to-Equity?

Eslite Spectrum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,821 Mil. Eslite Spectrum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$10,541 Mil. Eslite Spectrum's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$566 Mil. Eslite Spectrum's debt to equity for the quarter that ended in Mar. 2024 was 21.85.

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 Eslite Spectrum's Debt-to-Equity or its related term are showing as below:

ROCO:2926' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 9.24 Max: 24.45
Current: 21.85

During the past 13 years, the highest Debt-to-Equity Ratio of Eslite Spectrum was 24.45. The lowest was 0.25. And the median was 9.24.

ROCO:2926's Debt-to-Equity is ranked worse than
99.2% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs ROCO:2926: 21.85

Eslite Spectrum Debt-to-Equity Historical Data

The historical data trend for Eslite Spectrum'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.

Eslite Spectrum Debt-to-Equity Chart

Eslite Spectrum Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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9.37

9.76

11.76

14.35

22.47

Eslite Spectrum 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															14.60	18.29	24.45	22.47	21.85

Competitive Comparison of Eslite Spectrum's Debt-to-Equity

For the Department Stores subindustry, Eslite Spectrum'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.

Eslite Spectrum's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Eslite Spectrum's Debt-to-Equity distribution charts can be found below:

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

Eslite Spectrum Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eslite Spectrum'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
	=	(1644.805	+	10809.009)	/	554.288
	=	22.47

Eslite Spectrum'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
	=	(1820.568	+	10540.947)	/	565.677
	=	21.85

Eslite Spectrum (ROCO:2926) 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.

Eslite Spectrum Debt-to-Equity Related Terms

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Eslite Spectrum (ROCO:2926) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Eslite Spectrum Corp (ROCO:2926) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

B1, No. 204, Section 3, Sungte Road, Xinyi District, Taipei, TWN, 11075

Website

https://www.eslitespectrum.com.tw

Eslite Spectrum Corp is engaged in channels of cultural and creative industry, operation entrustment and management counselling services of department stores, trading and import of appliances and equipment for hotel use, trading and installation of appliances and equipment for kitchen use, import agency and retail of foods, as well as the operation of cafes and restaurants, and others. Its businesses involve the Omni-channel development business and the Hospitality business.

Eslite Spectrum (ROCO:2926) Headlines

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