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Motorcomm Electronic Technology Co (SHSE:688515) Debt-to-Equity : 0.01 (As of Mar. 2024)


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What is Motorcomm Electronic Technology Co Debt-to-Equity?

Motorcomm Electronic Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥10.0 Mil. Motorcomm Electronic Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥6.4 Mil. Motorcomm Electronic Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,772.6 Mil. Motorcomm Electronic Technology 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 Motorcomm Electronic Technology Co's Debt-to-Equity or its related term are showing as below:

SHSE:688515' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.17
Current: 0.01

During the past 5 years, the highest Debt-to-Equity Ratio of Motorcomm Electronic Technology Co was 0.17. The lowest was 0.01. And the median was 0.02.

SHSE:688515's Debt-to-Equity is ranked better than
99.89% of 875 companies
in the Semiconductors industry
Industry Median: 0.27 vs SHSE:688515: 0.01

Motorcomm Electronic Technology Co Debt-to-Equity Historical Data

The historical data trend for Motorcomm Electronic 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.

Motorcomm Electronic Technology Co Debt-to-Equity Chart

Motorcomm Electronic Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
- 0.17 0.05 0.03 0.01

Motorcomm Electronic Technology Co Quarterly Data
Dec19 Dec20 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 0.01 0.02 0.01 0.01 0.01

Competitive Comparison of Motorcomm Electronic Technology Co's Debt-to-Equity

For the Semiconductors subindustry, Motorcomm Electronic 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.


Motorcomm Electronic Technology Co's Debt-to-Equity Distribution in the Semiconductors Industry

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

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



Motorcomm Electronic Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Motorcomm Electronic Technology 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.


Motorcomm Electronic Technology Co  (SHSE:688515) 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.


Motorcomm Electronic Technology Co Debt-to-Equity Related Terms

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Motorcomm Electronic Technology Co (SHSE:688515) Business Description

Traded in Other Exchanges
N/A
Address
No. 78, Keling Road, Room 201, Building 4, Science and Technology City, High-tech Zone, Jiangsu Province, Suzhou, CHN, 215163
Motorcomm Electronic Technology Co Ltd is engaged in the research and development, design and sales of high-speed wired communication chips.

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