Tatung System Technologies (ROCO:8099) Debt-to-Equity : 0.12 (As of Mar. 2024)

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What is Tatung System Technologies Debt-to-Equity?

Tatung System Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$58 Mil. Tatung System Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$116 Mil. Tatung System Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$1,516 Mil. Tatung System Technologies's debt to equity for the quarter that ended in Mar. 2024 was 0.11.

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

ROCO:8099' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.21 Max: 0.46
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Tatung System Technologies was 0.46. The lowest was 0.04. And the median was 0.21.

ROCO:8099's Debt-to-Equity is ranked better than
61.24% of 2211 companies
in the Software industry
Industry Median: 0.21 vs ROCO:8099: 0.12

Tatung System Technologies Debt-to-Equity Historical Data

The historical data trend for Tatung System 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.

Tatung System Technologies Debt-to-Equity Chart

Tatung System Technologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.38

0.33

0.20

0.32

Tatung System Technologies 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															0.32	0.28	0.13	0.21	0.12

Competitive Comparison of Tatung System Technologies's Debt-to-Equity

For the Information Technology Services subindustry, Tatung System 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.

Tatung System Technologies's Debt-to-Equity Distribution in the Software Industry

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

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

Tatung System Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tatung System Technologies'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
	=	(404.937	+	59.772)	/	1432.788
	=	0.32

Tatung System Technologies'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
	=	(57.576	+	116.316)	/	1515.611
	=	0.11

Tatung System Technologies (ROCO:8099) 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.

Tatung System Technologies Debt-to-Equity Related Terms

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Tatung System Technologies (ROCO:8099) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tatung System Technologies Inc (ROCO:8099) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.22, Sec. 3, Zhongshan N. Road, Zhongshan Dist, Taipei, TWN, 104

Website

https://www.etatung.com

Tatung System Technologies Inc is a Taiwan-based company mainly providing IT services, including software and hardware sales related to the computer, communications, and cyber security; custom-made system integration consulting services; and value-added industrial application solutions.

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