Das Technology Co (ROCO:6648) Debt-to-Equity : 0.12 (As of Dec. 2023)

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What is Das Technology Co Debt-to-Equity?

Das Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$91.3 Mil. Das Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$18.3 Mil. Das Technology Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$899.4 Mil. Das Technology Co's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

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 Das Technology Co's Debt-to-Equity or its related term are showing as below:

ROCO:6648' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.66 Max: 1.48
Current: 0.12

During the past 11 years, the highest Debt-to-Equity Ratio of Das Technology Co was 1.48. The lowest was 0.12. And the median was 0.66.

ROCO:6648's Debt-to-Equity is ranked better than
71.33% of 2630 companies
in the Industrial Products industry
Industry Median: 0.29 vs ROCO:6648: 0.12

Das Technology Co Debt-to-Equity Historical Data

The historical data trend for Das Technology 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.

Das Technology Co Debt-to-Equity Chart

Das Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.39

0.59

1.19

0.73

0.12

Das Technology Co Semi-Annual Data
	Dec14	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													1.19	1.06	0.73	0.62	0.12

Competitive Comparison of Das Technology Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Das Technology 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.

Das Technology Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Das Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Das Technology Co's Debt-to-Equity falls into.

Das Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Das Technology 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
	=	(91.301	+	18.31)	/	899.438
	=	0.12

Das Technology Co'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
	=	(91.301	+	18.31)	/	899.438
	=	0.12

Das Technology Co (ROCO:6648) 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.

Das Technology Co Debt-to-Equity Related Terms

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

Das Technology Co (ROCO:6648) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Das Technology Co Ltd (ROCO:6648) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Keelung Road, Xinyi District, 5th Floor, No. 51, Section 2, Taipei, TWN

Website

http://www.das.com.tw/chinesetop.htm

Das Technology Co Ltd is engaged in the development, manufacturing, and sales of multi-function electronic meter. It offers products and services such as smart meters, smart lights switches, smart sockets, and other aspects; hardware and software research and development. The company also provides home automation equipment and systems.

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