GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Taiwan Secom Co Ltd (TPE:9917) » Definitions » Debt-to-Equity

Taiwan Secom Co (TPE:9917) Debt-to-Equity : 0.51 (As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Taiwan Secom Co Debt-to-Equity?

Taiwan Secom Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$2,708 Mil. Taiwan Secom Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$3,749 Mil. Taiwan Secom Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$12,588 Mil. Taiwan Secom Co's debt to equity for the quarter that ended in Dec. 2023 was 0.51.

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

TPE:9917' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26   Med: 0.41   Max: 0.52
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of Taiwan Secom Co was 0.52. The lowest was 0.26. And the median was 0.41.

TPE:9917's Debt-to-Equity is ranked worse than
55.99% of 927 companies
in the Business Services industry
Industry Median: 0.38 vs TPE:9917: 0.51

Taiwan Secom Co Debt-to-Equity Historical Data

The historical data trend for Taiwan Secom 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.

Taiwan Secom Co Debt-to-Equity Chart

Taiwan Secom Co 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 0.47 0.43 0.39 0.52 0.51

Taiwan Secom Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.52 0.46 0.52 0.55 0.51

Competitive Comparison of Taiwan Secom Co's Debt-to-Equity

For the Security & Protection Services subindustry, Taiwan Secom 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.


Taiwan Secom Co's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Taiwan Secom Co's Debt-to-Equity distribution charts can be found below:

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



Taiwan Secom Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Taiwan Secom Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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 Secom Co  (TPE:9917) 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 Secom Co Debt-to-Equity Related Terms

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


Taiwan Secom Co (TPE:9917) Business Description

Traded in Other Exchanges
N/A
Address
No. 139, Zhengzhou Road, 6th Floor, Taipei, TWN
Taiwan Secom Co Ltd is involved in security and protection services. The company has four operating segments; the Electronic system segment engages in security system-related services, the Security guard service segment engages in security guarding related services, the Cash delivery service segment engages in cash delivery service, and the Logistics service segment engages in logistic service. It generates maximum revenue from the Electronic System segment. Geographically, it derives a majority of its revenue from Taiwan.

Taiwan Secom Co (TPE:9917) Headlines

No Headlines