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Wistron Information Technology & Service (ROCO:4953) Debt-to-Equity : 0.07 (As of Mar. 2024)


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What is Wistron Information Technology & Service Debt-to-Equity?

Wistron Information Technology & Service's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$209 Mil. Wistron Information Technology & Service's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$65 Mil. Wistron Information Technology & Service's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$3,744 Mil. Wistron Information Technology & Service's debt to equity for the quarter that ended in Mar. 2024 was 0.07.

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 Wistron Information Technology & Service's Debt-to-Equity or its related term are showing as below:

ROCO:4953' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.06   Max: 0.17
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Wistron Information Technology & Service was 0.17. The lowest was 0.03. And the median was 0.06.

ROCO:4953's Debt-to-Equity is ranked better than
71.52% of 2219 companies
in the Software industry
Industry Median: 0.21 vs ROCO:4953: 0.07

Wistron Information Technology & Service Debt-to-Equity Historical Data

The historical data trend for Wistron Information Technology & Service'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.

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Wistron Information Technology & Service Debt-to-Equity Chart

Wistron Information Technology & Service Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.05 0.09 0.09 0.03

Wistron Information Technology & Service 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 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 Premium Member Only Premium Member Only 0.06 0.07 0.03 0.03 0.07

Competitive Comparison of Wistron Information Technology & Service's Debt-to-Equity

For the Information Technology Services subindustry, Wistron Information Technology & Service'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.


Wistron Information Technology & Service's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Wistron Information Technology & Service's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Wistron Information Technology & Service's Debt-to-Equity falls into.



Wistron Information Technology & Service Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wistron Information Technology & Service's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Wistron Information Technology & Service's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Wistron Information Technology & Service  (ROCO:4953) 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.


Wistron Information Technology & Service Debt-to-Equity Related Terms

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Wistron Information Technology & Service (ROCO:4953) Business Description

Traded in Other Exchanges
N/A
Address
No. 93, Section 1, Xintai 5th Road, 32nd Floor, Xizhi District, Taipei, TWN, 22175
Wistron Information Technology & Service is engaged in the development and maintenance of the IT system, IT consulting and outsourcing services. Its products and service include technical consulting services, information technology outsourcing, business process outsourcing, and product globalization services. Geographically, the business presences are in Taiwan, Japan and Others.

Wistron Information Technology & Service (ROCO:4953) Headlines

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