Twinhead International (TPE:2364) Debt-to-Equity : 1.41 (As of Dec. 2023)

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What is Twinhead International Debt-to-Equity?

Twinhead International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$572 Mil. Twinhead International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$66 Mil. Twinhead International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$453 Mil. Twinhead International's debt to equity for the quarter that ended in Dec. 2023 was 1.41.

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

TPE:2364' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.73 Med: 1.57 Max: 2.48
Current: 1.41

During the past 13 years, the highest Debt-to-Equity Ratio of Twinhead International was 2.48. The lowest was 0.73. And the median was 1.57.

TPE:2364's Debt-to-Equity is ranked worse than
92.54% of 2199 companies
in the Hardware industry
Industry Median: 0.28 vs TPE:2364: 1.41

Twinhead International Debt-to-Equity Historical Data

The historical data trend for Twinhead International'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.

Twinhead International Debt-to-Equity Chart

Twinhead International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.39

2.48

2.17

1.74

1.41

Twinhead International 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															1.74	1.64	1.41	1.30	1.41

Competitive Comparison of Twinhead International's Debt-to-Equity

For the Computer Hardware subindustry, Twinhead International'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.

Twinhead International's Debt-to-Equity Distribution in the Hardware Industry

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

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

Twinhead International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Twinhead International'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
	=	(571.913	+	65.515)	/	453.239
	=	1.41

Twinhead International'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
	=	(571.913	+	65.515)	/	453.239
	=	1.41

Twinhead International (TPE:2364) 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.

Twinhead International Debt-to-Equity Related Terms

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

Twinhead International (TPE:2364) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Twinhead International Corp (TPE:2364) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 550, Ruiguang Road, 9th Floor, Neihu District, Taipei, TWN, 114

Website

https://www.twinhead.com.tw

Twinhead International Corp is engaged in the manufacturing of personal computers and peripherals. Its product offerings include mobile computers for military/industrial applications, rugged tablet PCs, semi-rugged mobile computers, mobile thin clients, medical tablet PCs, and other customized motherboards/systems. In addition to standard product lines, the company also offers full original design manufacturing and partial customization service.

Twinhead International (TPE:2364) Headlines

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