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Vivic (VIVC) Debt-to-Equity : 0.41 (As of Dec. 2023)


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What is Vivic Debt-to-Equity?

Vivic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Vivic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.64 Mil. Vivic's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1.55 Mil. Vivic's debt to equity for the quarter that ended in Dec. 2023 was 0.41.

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

VIVC' s Debt-to-Equity Range Over the Past 10 Years
Min: -93.14   Med: 0.67   Max: 1.59
Current: 0.41

During the past 7 years, the highest Debt-to-Equity Ratio of Vivic was 1.59. The lowest was -93.14. And the median was 0.67.

VIVC's Debt-to-Equity is ranked better than
54.65% of 1173 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs VIVC: 0.41

Vivic Debt-to-Equity Historical Data

The historical data trend for Vivic'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.

Vivic Debt-to-Equity Chart

Vivic Annual Data
Trend Apr17 Apr18 Apr19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 1.59 1.53 -93.14 -0.21 0.41

Vivic Quarterly Data
Oct18 Jan19 Apr19 Jul19 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 -0.21 -0.48 -2.69 0.38 0.41

Competitive Comparison of Vivic's Debt-to-Equity

For the Recreational Vehicles subindustry, Vivic'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.

Vivic's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vivic's Debt-to-Equity distribution charts can be found below:

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


Vivic Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vivic'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
=(0 + 0.643) / 1.552
=0.41

Vivic's Debt to Equity Ratio for the quarter 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
=(0 + 0.643) / 1.552
=0.41

* 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.

Vivic  (OTCPK:VIVC) 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.

Vivic Debt-to-Equity Related Terms

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

Vivic (VIVC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vivic Corp (OTCPK:VIVC) » Definitions » Debt-to-Equity
Comparable Companies
IGC CDJM EFSH SIGN GTLL IRNS PTEEF SPGX CIRX OBCI HON MMM ADX:ALPHADHABI TSE:8058 TSE:6501 TSE:8001 TSE:8031 HKSE:00267 HKSE:00001 TSE:8002
Traded in Other Exchanges
N/A
Address
187 E. Warm Spring Road, PMB No. B450, Las Vegas, NV, USA, 89119
Website
http://www.vivic.biz
Vivic Corp is engaged in the research and development of yacht manufacturing using new energy-saving technology. The company also working on the operation of a new type of marine tourism.
Executives
Cheng-hsing Hsu director, officer: CFO NO. 97, YUNONG 3 ST.,, EASTERN DIST., TAINAN F5 701
Cheng-lung Soong director, officer: Secretary 10F, NO. 59, LN. 112, JIHU RD.,, ZHONGSHAN DIST., TAIPEI F5 104
Huilan Chen director 1091 RISING MOON TRAIL, SNELLVILLE GA 30078
Go Right Holdings Ltd. 10 percent owner NO. 7, ALY. 1, LN. 143 SEC. 2 LIN-AN RD., NORTH DIST., TAINAN F5 704
Kung Hwang Liu Shiang director NO. 7, ALY. 1, LN. 143 SEC. 2 LIN-AN RD., NORTH DIST., TAINAN F5 704
Honetech Inc. 10 percent owner NO. 196, FUSHOU ST., XINZHUANG DIST., NEW TAIPEI F5 242
Yun-kuang Kung officer: CEO NO. 12-1, XIAOXIMEN, NEIGHBORHOOD 14M, ZHUSHA VILLAGE, JINCHENG TOWNSHIP, KINMEN F5 893
Kuen-horng Tsai director, officer: Supervisor 3F, NO. 66, LN. 133, DONGFENG RD.,, NORTH DIST., TAINAN F5 704
Wen-chi Huang director, officer: President 2F., NO. 217, SEC. 2, TAIHU RD.,, JINHU TOWNSHIP, KINMEN F5 891