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Taiwan Chelic (TPE:4555) Debt-to-Equity : 0.47 (As of Mar. 2024)


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What is Taiwan Chelic Debt-to-Equity?

Taiwan Chelic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$350 Mil. Taiwan Chelic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$967 Mil. Taiwan Chelic's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$2,827 Mil. Taiwan Chelic's debt to equity for the quarter that ended in Mar. 2024 was 0.47.

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 Taiwan Chelic's Debt-to-Equity or its related term are showing as below:

TPE:4555' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 0.42   Max: 0.66
Current: 0.47

During the past 13 years, the highest Debt-to-Equity Ratio of Taiwan Chelic was 0.66. The lowest was 0.10. And the median was 0.42.

TPE:4555's Debt-to-Equity is ranked worse than
65.48% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs TPE:4555: 0.47

Taiwan Chelic Debt-to-Equity Historical Data

The historical data trend for Taiwan Chelic'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.

Taiwan Chelic Debt-to-Equity Chart

Taiwan Chelic 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 0.45 0.65 0.48 0.46 0.47

Taiwan Chelic 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 0.43 0.43 0.46 0.47 0.47

Competitive Comparison of Taiwan Chelic's Debt-to-Equity

For the Electronic Components subindustry, Taiwan Chelic'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.


Taiwan Chelic's Debt-to-Equity Distribution in the Hardware Industry

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

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



Taiwan Chelic Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taiwan Chelic's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Taiwan Chelic'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.


Taiwan Chelic  (TPE:4555) 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.


Taiwan Chelic Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Taiwan Chelic's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Taiwan Chelic (TPE:4555) Business Description

Traded in Other Exchanges
N/A
Address
No. 21, Guifeng Street, Taishan District, New Taipei City, TWN, 24355
Taiwan Chelic Corp Ltd isis mainly engaged in the design, production, and trading of pneumatic and hydraulic equipment for a variety of machinery, and the parts thereof, and electronic parts. Its products include FRL, pneumatic/ hydraulic cylinders, solenoid valves, air control valves, vacuum ejectors, assembly pick and place robots, and hydraulic components. The company's products are used in machinery sectors such as production facilities, inspection machines, packing machines, forming machines, repairmen equipment, and factory automation.

Taiwan Chelic (TPE:4555) Headlines

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