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Advanced Echem Materials Co (ROCO:4749) Debt-to-Equity : 0.63 (As of Dec. 2023)


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What is Advanced Echem Materials Co Debt-to-Equity?

Advanced Echem Materials Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$763 Mil. Advanced Echem Materials Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$776 Mil. Advanced Echem Materials Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$2,440 Mil. Advanced Echem Materials Co's debt to equity for the quarter that ended in Dec. 2023 was 0.63.

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

ROCO:4749' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39   Med: 0.5   Max: 0.63
Current: 0.63

During the past 9 years, the highest Debt-to-Equity Ratio of Advanced Echem Materials Co was 0.63. The lowest was 0.39. And the median was 0.50.

ROCO:4749's Debt-to-Equity is ranked worse than
74.35% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs ROCO:4749: 0.63

Advanced Echem Materials Co Debt-to-Equity Historical Data

The historical data trend for Advanced Echem Materials 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.

Advanced Echem Materials Co Debt-to-Equity Chart

Advanced Echem Materials Co Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.08 0.49 0.51 0.39 0.63

Advanced Echem Materials Co Quarterly Data
Dec09 Dec10 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
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 0.44 0.43 0.39 0.40 0.63

Competitive Comparison of Advanced Echem Materials Co's Debt-to-Equity

For the Consumer Electronics subindustry, Advanced Echem Materials 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.


Advanced Echem Materials Co's Debt-to-Equity Distribution in the Hardware Industry

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

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



Advanced Echem Materials Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Advanced Echem Materials Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Advanced Echem Materials Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Advanced Echem Materials Co  (ROCO:4749) 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.


Advanced Echem Materials Co Debt-to-Equity Related Terms

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Advanced Echem Materials Co (ROCO:4749) Business Description

Traded in Other Exchanges
N/A
Address
No.455, Sinhe Road, Longtan District, Taoyuan, TWN, 325
Advanced Echem Materials Co Ltd is engaged in developing and manufacturing special chemical materials for semiconductor and display applications.

Advanced Echem Materials Co (ROCO:4749) Headlines

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