Advanced Lithium Electrochemistry (KY) Co (ROCO:5227) Debt-to-Equity : 0.34 (As of Mar. 2024)

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What is Advanced Lithium Electrochemistry (KY) Co Debt-to-Equity?

Advanced Lithium Electrochemistry (KY) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$228.8 Mil. Advanced Lithium Electrochemistry (KY) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$0.0 Mil. Advanced Lithium Electrochemistry (KY) Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$673.4 Mil. Advanced Lithium Electrochemistry (KY) Co's debt to equity for the quarter that ended in Mar. 2024 was 0.34.

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 Lithium Electrochemistry (KY) Co's Debt-to-Equity or its related term are showing as below:

ROCO:5227' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.18 Max: 1.32
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of Advanced Lithium Electrochemistry (KY) Co was 1.32. The lowest was 0.03. And the median was 0.18.

ROCO:5227's Debt-to-Equity is ranked worse than
55.13% of 2630 companies
in the Industrial Products industry
Industry Median: 0.29 vs ROCO:5227: 0.34

Advanced Lithium Electrochemistry (KY) Co Debt-to-Equity Historical Data

The historical data trend for Advanced Lithium Electrochemistry (KY) 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 Lithium Electrochemistry (KY) Co Debt-to-Equity Chart

Advanced Lithium Electrochemistry (KY) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.14

0.16

0.77

0.36

0.29

Advanced Lithium Electrochemistry (KY) Co 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															0.71	0.79	0.46	0.29	0.34

Competitive Comparison of Advanced Lithium Electrochemistry (KY) Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Advanced Lithium Electrochemistry (KY) 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 Lithium Electrochemistry (KY) Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Advanced Lithium Electrochemistry (KY) Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Advanced Lithium Electrochemistry (KY) Co's Debt-to-Equity falls into.

Advanced Lithium Electrochemistry (KY) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Advanced Lithium Electrochemistry (KY) 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
	=	(221.377	+	0)	/	756.126
	=	0.29

Advanced Lithium Electrochemistry (KY) Co'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
	=	(228.823	+	0)	/	673.364
	=	0.34

Advanced Lithium Electrochemistry (KY) Co (ROCO:5227) 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 Lithium Electrochemistry (KY) Co Debt-to-Equity Related Terms

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Advanced Lithium Electrochemistry (KY) Co (ROCO:5227) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Advanced Lithium Electrochemistry (KY) Co Ltd (ROCO:5227) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2-1, Singhua Road, Taoyuan District, Taoyuan, TWN, 33068

Website

https://www.aleees.com

Advanced Lithium Electrochemistry (KY) Co Ltd is a Taiwan-based company. It is engaged in the research, manufacture and sales of materials for Lithium Iron Phosphate Nano Co-crystalline Olivine (LFP-NCO) and key materials of Olivine-type structure lithium battery.

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