Sunko Ink Co (TPE:1721) Debt-to-Equity : 0.61 (As of Mar. 2024)

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What is Sunko Ink Co Debt-to-Equity?

Sunko Ink Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$420 Mil. Sunko Ink Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$826 Mil. Sunko Ink Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$2,028 Mil. Sunko Ink Co's debt to equity for the quarter that ended in Mar. 2024 was 0.61.

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 Sunko Ink Co's Debt-to-Equity or its related term are showing as below:

TPE:1721' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.47 Max: 1.29
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of Sunko Ink Co was 1.29. The lowest was 0.26. And the median was 0.47.

TPE:1721's Debt-to-Equity is ranked worse than
67.24% of 1389 companies
in the Chemicals industry
Industry Median: 0.36 vs TPE:1721: 0.61

Sunko Ink Co Debt-to-Equity Historical Data

The historical data trend for Sunko Ink 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.

Sunko Ink Co Debt-to-Equity Chart

Sunko Ink Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.49

0.46

0.47

0.48

0.55

Sunko Ink 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															0.41	0.38	0.45	0.55	0.61

Competitive Comparison of Sunko Ink Co's Debt-to-Equity

For the Chemicals subindustry, Sunko Ink 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.

Sunko Ink Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sunko Ink Co's Debt-to-Equity distribution charts can be found below:

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

Sunko Ink Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sunko Ink 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
	=	(392.604	+	771.514)	/	2107.695
	=	0.55

Sunko Ink Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(419.589	+	826.228)	/	2028.33
	=	0.61

Sunko Ink Co (TPE:1721) 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.

Sunko Ink Co Debt-to-Equity Related Terms

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Sunko Ink Co (TPE:1721) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sunko Ink Co Ltd (TPE:1721) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 229, Zhongxing Street, 5th Floor, Taichung City, TWN, 403022

Website

https://www.sunko.com.tw

Sunko Ink Co Ltd is a chemical products manufacturer. The products offered by the company are divided into Agrochemicals, Fine Chemicals which includes curing agent, non-halogenated flame retardant, reducing agent, antioxidant, Polymer which includes PU Based surface treating agent, Polymer-TPU, Polymer-TPV, and UV Absorbers. The company operates in geographical areas of Taiwan, the United States, Asia, Europe, and others.

Sunko Ink Co (TPE:1721) Headlines

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