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Chung Hwa Chemical Industrial Works (TPE:1727) Debt-to-Equity : 0.26 (As of Mar. 2024)


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What is Chung Hwa Chemical Industrial Works Debt-to-Equity?

Chung Hwa Chemical Industrial Works's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$350 Mil. Chung Hwa Chemical Industrial Works's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$169 Mil. Chung Hwa Chemical Industrial Works's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$1,965 Mil. Chung Hwa Chemical Industrial Works's debt to equity for the quarter that ended in Mar. 2024 was 0.26.

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 Chung Hwa Chemical Industrial Works's Debt-to-Equity or its related term are showing as below:

TPE:1727' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23   Med: 0.44   Max: 0.6
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Chung Hwa Chemical Industrial Works was 0.60. The lowest was 0.23. And the median was 0.44.

TPE:1727's Debt-to-Equity is ranked better than
59.12% of 1387 companies
in the Chemicals industry
Industry Median: 0.36 vs TPE:1727: 0.26

Chung Hwa Chemical Industrial Works Debt-to-Equity Historical Data

The historical data trend for Chung Hwa Chemical Industrial Works'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.

Chung Hwa Chemical Industrial Works Debt-to-Equity Chart

Chung Hwa Chemical Industrial Works 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 0.54 0.52 0.42 0.53 0.35

Chung Hwa Chemical Industrial Works 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 0.51 0.30 0.30 0.35 0.26

Competitive Comparison of Chung Hwa Chemical Industrial Works's Debt-to-Equity

For the Chemicals subindustry, Chung Hwa Chemical Industrial Works'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.


Chung Hwa Chemical Industrial Works's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chung Hwa Chemical Industrial Works's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Chung Hwa Chemical Industrial Works's Debt-to-Equity falls into.



Chung Hwa Chemical Industrial Works Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chung Hwa Chemical Industrial Works's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Chung Hwa Chemical Industrial Works'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.


Chung Hwa Chemical Industrial Works  (TPE:1727) 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.


Chung Hwa Chemical Industrial Works Debt-to-Equity Related Terms

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Chung Hwa Chemical Industrial Works (TPE:1727) Business Description

Traded in Other Exchanges
N/A
Address
No. 15 Industrial Road, Guanyin District, Taoyuan, TWN
Chung Hwa Chemical Industrial Works Ltd operates as a chemical manufacturer. The products categories offered by the company include basic chemicals, special chemical products, biomass chemicals, alkali, sulfonated monomers, thermal paper material, and surfactant surface active agents.

Chung Hwa Chemical Industrial Works (TPE:1727) Headlines

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