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Wuxi ETEK Microelectronics Co (SHSE:688601) Debt-to-Equity : 0.01 (As of Mar. 2024)


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What is Wuxi ETEK Microelectronics Co Debt-to-Equity?

Wuxi ETEK Microelectronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥10.8 Mil. Wuxi ETEK Microelectronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.4 Mil. Wuxi ETEK Microelectronics Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,313.7 Mil. Wuxi ETEK Microelectronics 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 Wuxi ETEK Microelectronics Co's Debt-to-Equity or its related term are showing as below:

SHSE:688601' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.08
Current: 0.01

During the past 10 years, the highest Debt-to-Equity Ratio of Wuxi ETEK Microelectronics Co was 0.08. The lowest was 0.00. And the median was 0.01.

SHSE:688601's Debt-to-Equity is ranked better than
99.89% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs SHSE:688601: 0.01

Wuxi ETEK Microelectronics Co Debt-to-Equity Historical Data

The historical data trend for Wuxi ETEK Microelectronics 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.

Wuxi ETEK Microelectronics Co Debt-to-Equity Chart

Wuxi ETEK Microelectronics Co Annual Data
Trend Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 - 0.02 0.01

Wuxi ETEK Microelectronics Co Quarterly Data
Dec18 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 0.03 0.03 0.01 0.01 0.01

Competitive Comparison of Wuxi ETEK Microelectronics Co's Debt-to-Equity

For the Semiconductors subindustry, Wuxi ETEK Microelectronics 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.


Wuxi ETEK Microelectronics Co's Debt-to-Equity Distribution in the Semiconductors Industry

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

* The bar in red indicates where Wuxi ETEK Microelectronics Co's Debt-to-Equity falls into.



Wuxi ETEK Microelectronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Wuxi ETEK Microelectronics 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.


Wuxi ETEK Microelectronics Co  (SHSE:688601) 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.


Wuxi ETEK Microelectronics Co Debt-to-Equity Related Terms

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Wuxi ETEK Microelectronics Co (SHSE:688601) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Xinhui Ring Road, Wuxi New District, Jiangsu Province, Wuxi, CHN, 214028
Wuxi ETEK Microelectronics Co Ltd is engaged in the research and development and sales of analog chips.

Wuxi ETEK Microelectronics Co (SHSE:688601) Headlines

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