Acon Optics Communications (ROCO:6820) Debt-to-Equity : 0.44 (As of Dec. 2023)

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What is Acon Optics Communications Debt-to-Equity?

Acon Optics Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$100.2 Mil. Acon Optics Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$34.3 Mil. Acon Optics Communications's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$308.0 Mil. Acon Optics Communications's debt to equity for the quarter that ended in Dec. 2023 was 0.44.

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 Acon Optics Communications's Debt-to-Equity or its related term are showing as below:

ROCO:6820' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.46 Max: 0.78
Current: 0.44

During the past 7 years, the highest Debt-to-Equity Ratio of Acon Optics Communications was 0.78. The lowest was 0.22. And the median was 0.46.

ROCO:6820's Debt-to-Equity is ranked worse than
63.45% of 2194 companies
in the Hardware industry
Industry Median: 0.29 vs ROCO:6820: 0.44

Acon Optics Communications Debt-to-Equity Historical Data

The historical data trend for Acon Optics Communications'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.

Acon Optics Communications Debt-to-Equity Chart

Acon Optics Communications Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.78

0.52

0.46

0.22

0.44

Acon Optics Communications Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						0.46	0.50	0.22	0.33	0.44

Competitive Comparison of Acon Optics Communications's Debt-to-Equity

For the Communication Equipment subindustry, Acon Optics Communications'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.

Acon Optics Communications's Debt-to-Equity Distribution in the Hardware Industry

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

* The bar in red indicates where Acon Optics Communications's Debt-to-Equity falls into.

Acon Optics Communications Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Acon Optics Communications'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
	=	(100.157	+	34.277)	/	307.983
	=	0.44

Acon Optics Communications'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
	=	(100.157	+	34.277)	/	307.983
	=	0.44

Acon Optics Communications (ROCO:6820) 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.

Acon Optics Communications Debt-to-Equity Related Terms

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

Acon Optics Communications (ROCO:6820) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Acon Optics Communications Inc (ROCO:6820) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 45, Baoxing Road, 5th Floor, No. 4, Alley 9, Xindian District, New Taipei City, TWN, 231

Website

https://www.aconoptics.com

Acon Optics Communications Inc is engaged in manufacturing fiber optic cabling systems. Its products include Connectors, Adapter, patchcords, FTTA Solutions, MPO/MTP Solutions, Data Center Solutions, Accessories, NTT-AT HIREC 100, Reality series-Fiber Optic extender, Speedy series- Fiber Optic and Copper transceivers.

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