Interactive Digital Technologies (ROCO:6486) Debt-to-Equity : 0.16 (As of Dec. 2023)

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What is Interactive Digital Technologies Debt-to-Equity?

Interactive Digital Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$4 Mil. Interactive Digital Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$266 Mil. Interactive Digital Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$1,740 Mil. Interactive Digital Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.16.

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 Interactive Digital Technologies's Debt-to-Equity or its related term are showing as below:

ROCO:6486' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.54
Current: 0.16

During the past 12 years, the highest Debt-to-Equity Ratio of Interactive Digital Technologies was 0.54. The lowest was 0.00. And the median was 0.01.

ROCO:6486's Debt-to-Equity is ranked better than
56.08% of 2220 companies
in the Software industry
Industry Median: 0.21 vs ROCO:6486: 0.16

Interactive Digital Technologies Debt-to-Equity Historical Data

The historical data trend for Interactive Digital Technologies'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.

Interactive Digital Technologies Debt-to-Equity Chart

Interactive Digital Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.54

0.01

0.12

0.16

Interactive Digital Technologies 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															0.12	0.48	0.37	0.29	0.16

Competitive Comparison of Interactive Digital Technologies's Debt-to-Equity

For the Software - Application subindustry, Interactive Digital Technologies'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.

Interactive Digital Technologies's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Interactive Digital Technologies's Debt-to-Equity distribution charts can be found below:

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

Interactive Digital Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Interactive Digital Technologies'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
	=	(3.923	+	265.878)	/	1739.731
	=	0.16

Interactive Digital Technologies'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
	=	(3.923	+	265.878)	/	1739.731
	=	0.16

Interactive Digital Technologies (ROCO:6486) 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.

Interactive Digital Technologies Debt-to-Equity Related Terms

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

Interactive Digital Technologies (ROCO:6486) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Interactive Digital Technologies Inc (ROCO:6486) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.38-1, Wugong 5th Road, Wugu District, New Taipei Industrial Park, New Taipei City, TWN, 248020

Website

https://www.idtech.com.tw

Interactive Digital Technologies Inc is a Taiwan-based company involved in providing software application services. The company is mainly engaged in cable television network and broadband transmission, wireless network, media, IT & cloud services, geographical information system-related software, and hardware sales and maintenance.

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