Tons Lightology (ROCO:4972) Debt-to-Equity : 0.09 (As of Mar. 2024)

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What is Tons Lightology Debt-to-Equity?

Tons Lightology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$133.3 Mil. Tons Lightology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$6.0 Mil. Tons Lightology's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$1,579.3 Mil. Tons Lightology's debt to equity for the quarter that ended in Mar. 2024 was 0.09.

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 Tons Lightology's Debt-to-Equity or its related term are showing as below:

ROCO:4972' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.11
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Tons Lightology was 0.11. The lowest was 0.00. And the median was 0.01.

ROCO:4972's Debt-to-Equity is ranked better than
79.47% of 380 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.325 vs ROCO:4972: 0.09

Tons Lightology Debt-to-Equity Historical Data

The historical data trend for Tons Lightology'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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Tons Lightology Debt-to-Equity Chart

Tons Lightology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.11

Tons Lightology 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															0.02	0.02	0.02	0.11	0.09

Competitive Comparison of Tons Lightology's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Tons Lightology'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.

Tons Lightology's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

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

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

Tons Lightology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tons Lightology'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
	=	(166.632	+	7.876)	/	1609.843
	=	0.11

Tons Lightology'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
	=	(133.296	+	6.043)	/	1579.306
	=	0.09

Tons Lightology (ROCO:4972) 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.

Tons Lightology Debt-to-Equity Related Terms

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Tons Lightology (ROCO:4972) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Tons Lightology Inc (ROCO:4972) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 236, Bo’ai Street, 4th Floor, Shulin District, New Taipei, TWN, 23845

Website

https://www.tonslight.com

Tons Lightology Inc engages in the design, manufacture, and sale of commercial lighting fixtures. The company's operating segment includes Tons Lightology Inc; Titan Lighting Co. Ltd and Zhongshan Tons Lighting Co. Ltd. It generates maximum revenue from the Tons Lightology Inc segment. Geographically, it derives a majority of revenue from Europe and also has a presence in Asia; America, and other countries. It focuses on indoor lighting and outdoor lighting. The company products are used for museum/gallery, commercial, hotel, club, office, and Outdoor applications.

Tons Lightology (ROCO:4972) Headlines

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