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FarGlory Life Insurance Co (ROCO:5859) Debt-to-Equity : 0.01 (As of Dec. 2023)


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What is FarGlory Life Insurance Co Debt-to-Equity?

FarGlory Life Insurance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$0 Mil. FarGlory Life Insurance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$243 Mil. FarGlory Life Insurance Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$38,406 Mil. FarGlory Life Insurance Co's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 FarGlory Life Insurance Co's Debt-to-Equity or its related term are showing as below:

ROCO:5859' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.08
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of FarGlory Life Insurance Co was 0.08. The lowest was 0.01. And the median was 0.01.

ROCO:5859's Debt-to-Equity is ranked better than
99.74% of 386 companies
in the Insurance industry
Industry Median: 0.24 vs ROCO:5859: 0.01

FarGlory Life Insurance Co Debt-to-Equity Historical Data

The historical data trend for FarGlory Life Insurance 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.

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FarGlory Life Insurance Co Debt-to-Equity Chart

FarGlory Life Insurance Co 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 0.01 0.01 0.01 0.01 0.01

FarGlory Life Insurance Co Semi-Annual Data
Jun14 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 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of FarGlory Life Insurance Co's Debt-to-Equity

For the Insurance - Life subindustry, FarGlory Life Insurance 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.


FarGlory Life Insurance Co's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, FarGlory Life Insurance Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where FarGlory Life Insurance Co's Debt-to-Equity falls into.



FarGlory Life Insurance Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FarGlory Life Insurance Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

FarGlory Life Insurance 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.


FarGlory Life Insurance Co  (ROCO:5859) 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.


FarGlory Life Insurance Co Debt-to-Equity Related Terms

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


FarGlory Life Insurance Co (ROCO:5859) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Songgao Road, 28th Floor, Taipei, TWN
FarGlory Life Insurance Co Ltd is a Taiwan based life insurance company. The company offers products including personal life insurance, personal health insurance, personal accident insurance, annuity insurance, group insurance and investment-type insurance.

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