BEDDING WORLD CO (ROCO:2938) Debt-to-Equity : 1.29 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is BEDDING WORLD CO Debt-to-Equity?

BEDDING WORLD CO's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$254.2 Mil. BEDDING WORLD CO's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$598.2 Mil. BEDDING WORLD CO's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$661.5 Mil. BEDDING WORLD CO's debt to equity for the quarter that ended in Dec. 2023 was 1.29.

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 BEDDING WORLD CO's Debt-to-Equity or its related term are showing as below:

ROCO:2938' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.69 Med: 1.42 Max: 2.04
Current: 1.29

During the past 11 years, the highest Debt-to-Equity Ratio of BEDDING WORLD CO was 2.04. The lowest was 0.69. And the median was 1.42.

ROCO:2938's Debt-to-Equity is ranked worse than
90% of 380 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.325 vs ROCO:2938: 1.29

BEDDING WORLD CO Debt-to-Equity Historical Data

The historical data trend for BEDDING WORLD 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.

BEDDING WORLD CO Debt-to-Equity Chart

BEDDING WORLD CO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.73

1.59

1.48

1.36

1.29

BEDDING WORLD CO Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.48	1.51	1.36	1.46	1.29

Competitive Comparison of BEDDING WORLD CO's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, BEDDING WORLD 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.

BEDDING WORLD CO's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, BEDDING WORLD CO's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BEDDING WORLD CO's Debt-to-Equity falls into.

BEDDING WORLD CO Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BEDDING WORLD 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
	=	(254.202	+	598.24)	/	661.519
	=	1.29

BEDDING WORLD CO's Debt to Equity Ratio for the quarter 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
	=	(254.202	+	598.24)	/	661.519
	=	1.29

BEDDING WORLD CO (ROCO:2938) 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.

BEDDING WORLD CO Debt-to-Equity Related Terms

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

BEDDING WORLD CO (ROCO:2938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » BEDDING WORLD CO LTD (ROCO:2938) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 88, Sec. 1, Jiuzong Road, Neihu District, Taipei City, TWN

Website

http://www.beddingworld.com.tw

BEDDING WORLD CO LTD is a Taiwan based company mainly engaged in manufacturing of a variety of beds. The company's product offerings include Classic bed, National mattress, Grand Canyon, Statue of Liberty, Harvard and other brands of beds and other related stuff.

BEDDING WORLD CO (ROCO:2938) Headlines

No Headlines