Powertip Image (ROCO:6498) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Powertip Image Debt-to-Equity?

Powertip Image's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$15.7 Mil. Powertip Image's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$7.5 Mil. Powertip Image's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$812.3 Mil. Powertip Image's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 Powertip Image's Debt-to-Equity or its related term are showing as below:

ROCO:6498' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.05 Max: 0.15
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Powertip Image was 0.15. The lowest was 0.03. And the median was 0.05.

ROCO:6498's Debt-to-Equity is ranked better than
89.73% of 2190 companies
in the Hardware industry
Industry Median: 0.29 vs ROCO:6498: 0.03

Powertip Image Debt-to-Equity Historical Data

The historical data trend for Powertip Image'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.

Powertip Image Debt-to-Equity Chart

Powertip Image Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.15

0.03

0.06

0.03

Powertip Image 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															0.06	0.07	0.06	0.05	0.03

Competitive Comparison of Powertip Image's Debt-to-Equity

For the Electronic Components subindustry, Powertip Image'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.

Powertip Image's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Powertip Image's Debt-to-Equity distribution charts can be found below:

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

Powertip Image Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Powertip Image'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
	=	(15.679	+	7.523)	/	812.262
	=	0.03

Powertip Image's Debt to Equity Ratio for the quarter 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
	=	(15.679	+	7.523)	/	812.262
	=	0.03

Powertip Image (ROCO:6498) 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.

Powertip Image Debt-to-Equity Related Terms

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

Powertip Image (ROCO:6498) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Powertip Image Corp (ROCO:6498) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 8, 6th Road, Taichung Industrial Park, Taichung, TWN, 40755

Website

http://www.powertip.com.tw

Powertip Image Corp is a Taiwan based manufacturer of small to mid-size full-color TFT and monochrome displays as well as resistive and capacitive touch panels. The company's product lines include Embedded solutions, Evaluation board, EM Touch, VATN/PBT LCD Modules and Graphic LCD Modules among others.

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