Gish International Co (ROCO:8067) Debt-to-Equity : 1.07 (As of Mar. 2024)

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What is Gish International Co Debt-to-Equity?

Gish International Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$118.40 Mil. Gish International Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$64.46 Mil. Gish International Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$170.82 Mil. Gish International Co's debt to equity for the quarter that ended in Mar. 2024 was 1.07.

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

ROCO:8067' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 0.94 Max: 1.51
Current: 1.07

During the past 13 years, the highest Debt-to-Equity Ratio of Gish International Co was 1.51. The lowest was 0.56. And the median was 0.94.

ROCO:8067's Debt-to-Equity is ranked worse than
87.55% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs ROCO:8067: 1.07

Gish International Co Debt-to-Equity Historical Data

The historical data trend for Gish International 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.

Gish International Co Debt-to-Equity Chart

Gish International Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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1.09

1.20

1.26

0.98

1.21

Gish International Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.21	1.20	0.88	0.88	1.07

Competitive Comparison of Gish International Co's Debt-to-Equity

For the Electronics & Computer Distribution subindustry, Gish International 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.

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

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

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

Gish International Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gish International Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(157.928	+	21.824)	/	149.01
	=	1.21

Gish International 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
	=	(118.396	+	64.461)	/	170.824
	=	1.07

Gish International Co (ROCO:8067) 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.

Gish International Co Debt-to-Equity Related Terms

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Gish International Co (ROCO:8067) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Gish International Co Ltd (ROCO:8067) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xinbei Boulevard, Sanchong District, 14th Floor. No. 260, Section 2, New Taipei, TWN

Website

http://www.gish.com.tw

Gish International Co Ltd distributes optical storage and multi-media products. The Company's products include CD-RW (Compact Disc Rewritable), DVD-RW (Digital Video Disc Rewritable) and disks, as well as MP3 players. It has distribution network throughout Southeast Asia, concentrated in Taiwan and Japan.

Gish International Co (ROCO:8067) Headlines

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