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Kung Long Batteries Industrial Co (TPE:1537) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Kung Long Batteries Industrial Co Debt-to-Equity?

Kung Long Batteries Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$9 Mil. Kung Long Batteries Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$0 Mil. Kung Long Batteries Industrial Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$4,468 Mil. Kung Long Batteries Industrial Co's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Kung Long Batteries Industrial Co's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Kung Long Batteries Industrial Co was 0.22. The lowest was 0.00. And the median was 0.03.

TPE:1537's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Kung Long Batteries Industrial Co Debt-to-Equity Historical Data

The historical data trend for Kung Long Batteries Industrial 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.

Kung Long Batteries Industrial Co Debt-to-Equity Chart

Kung Long Batteries Industrial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.01 0.01 - 0.01

Kung Long Batteries Industrial 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.02 0.01 -

Competitive Comparison of Kung Long Batteries Industrial Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Kung Long Batteries Industrial 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.


Kung Long Batteries Industrial Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kung Long Batteries Industrial Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kung Long Batteries Industrial Co's Debt-to-Equity falls into.



Kung Long Batteries Industrial Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kung Long Batteries Industrial Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Kung Long Batteries Industrial Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Kung Long Batteries Industrial Co  (TPE:1537) 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.


Kung Long Batteries Industrial Co Debt-to-Equity Related Terms

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Kung Long Batteries Industrial Co (TPE:1537) Business Description

Traded in Other Exchanges
N/A
Address
No.6, Tzu-Li 3rd Road, Nantou, TWN, 54067
Kung Long Batteries Industrial Co Ltd is a Taiwan based company. The Company is primarily engaged in the manufacture and sales of lead-acid batteries. The company has production facilities in Taiwan and Vietnam. The products are offered for a wide range of applications: multipurpose, cycling high-power, electric car, deep-cycle, renewable energy, and solar energy.

Kung Long Batteries Industrial Co (TPE:1537) Headlines

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