Power Master Energy Co (ROCO:6839) Debt-to-Equity : 1.41 (As of Dec. 2023)

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What is Power Master Energy Co Debt-to-Equity?

Power Master Energy Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$1,269 Mil. Power Master Energy Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$1,385 Mil. Power Master Energy Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$1,883 Mil. Power Master Energy Co's debt to equity for the quarter that ended in Dec. 2023 was 1.41.

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 Power Master Energy Co's Debt-to-Equity or its related term are showing as below:

ROCO:6839' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.93 Med: 1.43 Max: 1.59
Current: 1.41

During the past 6 years, the highest Debt-to-Equity Ratio of Power Master Energy Co was 1.59. The lowest was 0.93. And the median was 1.43.

ROCO:6839's Debt-to-Equity is ranked worse than
91.44% of 876 companies
in the Semiconductors industry
Industry Median: 0.26 vs ROCO:6839: 1.41

Power Master Energy Co Debt-to-Equity Historical Data

The historical data trend for Power Master Energy 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.

Power Master Energy Co Debt-to-Equity Chart

Power Master Energy Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.59

1.45

1.21

0.93

1.41

Power Master Energy Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					1.21	1.53	0.93	1.11	1.41

Competitive Comparison of Power Master Energy Co's Debt-to-Equity

For the Solar subindustry, Power Master Energy 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.

Power Master Energy Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Power Master Energy Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Power Master Energy Co's Debt-to-Equity falls into.

Power Master Energy Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Power Master Energy 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
	=	(1268.972	+	1385.269)	/	1882.779
	=	1.41

Power Master Energy 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
	=	(1268.972	+	1385.269)	/	1882.779
	=	1.41

Power Master Energy Co (ROCO:6839) 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.

Power Master Energy Co Debt-to-Equity Related Terms

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Power Master Energy Co (ROCO:6839) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Power Master Energy Co Ltd (ROCO:6839) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

3, Zhongzheng Road, 8th Floor, No. 651, Xinzhuang District, New Taipei City, TWN

Website

https://www.powermaster.com.tw

Power Master Energy Co Ltd Formerly Power Master II Holdings Co Ltd is a professional solar power system provider in Taiwan. The business scope is divided into the four main axes of the solar power systems: Engineering Contract EPC, Power Plant Investment, Maintenance Operation Management, and Energy Storage System. It also develops solar photovoltaic components such as modules, brackets, and inverters.

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