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Rockchip Electronics Co (SHSE:603893) Debt-to-Equity : 0.01 (As of Mar. 2024)


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What is Rockchip Electronics Co Debt-to-Equity?

Rockchip Electronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥15 Mil. Rockchip Electronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2 Mil. Rockchip Electronics Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,131 Mil. Rockchip Electronics Co's debt to equity for the quarter that ended in Mar. 2024 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 Rockchip Electronics Co's Debt-to-Equity or its related term are showing as below:

SHSE:603893' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.19
Current: 0.01

During the past 11 years, the highest Debt-to-Equity Ratio of Rockchip Electronics Co was 0.19. The lowest was 0.00. And the median was 0.01.

SHSE:603893's Debt-to-Equity is ranked better than
99.89% of 877 companies
in the Semiconductors industry
Industry Median: 0.27 vs SHSE:603893: 0.01

Rockchip Electronics Co Debt-to-Equity Historical Data

The historical data trend for Rockchip Electronics 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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Rockchip Electronics Co Debt-to-Equity Chart

Rockchip Electronics 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

Rockchip Electronics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Rockchip Electronics Co's Debt-to-Equity

For the Semiconductors subindustry, Rockchip Electronics 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.


Rockchip Electronics Co's Debt-to-Equity Distribution in the Semiconductors Industry

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

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



Rockchip Electronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Rockchip Electronics Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Rockchip Electronics Co  (SHSE:603893) 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.


Rockchip Electronics Co Debt-to-Equity Related Terms

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Rockchip Electronics Co (SHSE:603893) Business Description

Traded in Other Exchanges
N/A
Address
No. 89 Software Avenue, Building 18, Gulou District, Fujian Province, Fuzhou, CHN, 35003
Rockchip Electronics Co Ltd is engaged in design, development and sales of integrated circuits and application solutions, providing customers with chip-related products and technical services. The company manufactures RK33 series, RK32 series, RK31 series, RK30 series, RK18 series, RK Nano series, RK Power series, and RV11 series chips for various applications including tablets, android smart Televisions, e-books, wireless audio, among others.

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