Lotes Co (TPE:3533) Debt-to-Equity : 0.10 (As of Mar. 2024)

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What is Lotes Co Debt-to-Equity?

Lotes Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,683 Mil. Lotes Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,431 Mil. Lotes Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$30,645 Mil. Lotes Co's debt to equity for the quarter that ended in Mar. 2024 was 0.10.

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

TPE:3533' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.17
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Lotes Co was 0.17. The lowest was 0.01. And the median was 0.07.

TPE:3533's Debt-to-Equity is ranked better than
73.94% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs TPE:3533: 0.10

Lotes Co Debt-to-Equity Historical Data

The historical data trend for Lotes 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.

Lotes Co Debt-to-Equity Chart

Lotes Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.10

0.02

0.16

0.11

Lotes Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.11	0.13	0.07	0.12	0.10

Competitive Comparison of Lotes Co's Debt-to-Equity

For the Electronic Components subindustry, Lotes 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.

Lotes Co's Debt-to-Equity Distribution in the Hardware Industry

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

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

Lotes Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lotes Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(2041.421	+	542.598)	/	22807.309
	=	0.11

Lotes 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
	=	(1682.77	+	1431.382)	/	30645.096
	=	0.10

Lotes Co (TPE:3533) 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.

Lotes Co Debt-to-Equity Related Terms

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Lotes Co (TPE:3533) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lotes Co Ltd (TPE:3533) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15, Wuxun Street, Anle District, Keelung, TWN, 204

Website

https://www.lotes.cc

Lotes Co Ltd is a Taiwan-based manufacturer of precision electronic interconnect components and hardware. Its connectors and other electronic components are used in the manufacture of notebooks, desktop computers, communication devices, mobile phones, and other products. It distributes its products within the domestic market and overseas markets.

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