Information Technology Total Services Co (ROCO:6697) Debt-to-Equity : 0.02 (As of Mar. 2024)

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What is Information Technology Total Services Co Debt-to-Equity?

Information Technology Total Services Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$5 Mil. Information Technology Total Services Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$4 Mil. Information Technology Total Services Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$543 Mil. Information Technology Total Services Co's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Information Technology Total Services Co's Debt-to-Equity or its related term are showing as below:

ROCO:6697' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 1.59
Current: 0.02

During the past 9 years, the highest Debt-to-Equity Ratio of Information Technology Total Services Co was 1.59. The lowest was 0.02. And the median was 0.05.

ROCO:6697's Debt-to-Equity is ranked better than
92.2% of 2204 companies
in the Software industry
Industry Median: 0.2 vs ROCO:6697: 0.02

Information Technology Total Services Co Debt-to-Equity Historical Data

The historical data trend for Information Technology Total Services 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.

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Information Technology Total Services Co Debt-to-Equity Chart

Information Technology Total Services Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.41

0.03

0.02

Information Technology Total Services Co 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															0.03	0.02	0.02	0.02	0.02

Competitive Comparison of Information Technology Total Services Co's Debt-to-Equity

For the Information Technology Services subindustry, Information Technology Total Services 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.

Information Technology Total Services Co's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Information Technology Total Services Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Information Technology Total Services Co's Debt-to-Equity falls into.

Information Technology Total Services Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Information Technology Total Services Co'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
	=	(5.332	+	4.877)	/	583.433
	=	0.02

Information Technology Total Services Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(4.779	+	3.923)	/	543.482
	=	0.02

Information Technology Total Services Co (ROCO:6697) 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.

Information Technology Total Services Co Debt-to-Equity Related Terms

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

Information Technology Total Services Co (ROCO:6697) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Information Technology Total Services Co (ROCO:6697) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19-8, Sanchong Road, 5 Floor, Nangang District, Taipei, TWN, 115

Website

http://www.itts.com.tw

Information Technology Total Services Co mainly provides IT Outsourcing (ITO) and Business Process Outsourcing (BPO) services. The company develops cloud value-added applications and offers various services including the lowest level of IT infrastructure service and information security services, cloud application systems, cloud smart services, and integrated direct marketing service (IDMS), call center, and other solutions in the industry. The company serves customers in finance, insurance, manufacturing, telecommunications, logistics, biotechnology, pharmaceuticals, and high Industries such as technology and government units.

Information Technology Total Services Co (ROCO:6697) Headlines

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