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Chiu Ting Machinery Co (TPE:1539) Debt-to-Equity : 0.30 (As of Mar. 2024)


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What is Chiu Ting Machinery Co Debt-to-Equity?

Chiu Ting Machinery Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$176 Mil. Chiu Ting Machinery Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$312 Mil. Chiu Ting Machinery Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$1,624 Mil. Chiu Ting Machinery Co's debt to equity for the quarter that ended in Mar. 2024 was 0.30.

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 Chiu Ting Machinery Co's Debt-to-Equity or its related term are showing as below:

TPE:1539' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29   Med: 1.32   Max: 2.24
Current: 0.3

During the past 13 years, the highest Debt-to-Equity Ratio of Chiu Ting Machinery Co was 2.24. The lowest was 0.29. And the median was 1.32.

TPE:1539's Debt-to-Equity is ranked worse than
51.06% of 2630 companies
in the Industrial Products industry
Industry Median: 0.29 vs TPE:1539: 0.30

Chiu Ting Machinery Co Debt-to-Equity Historical Data

The historical data trend for Chiu Ting Machinery 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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Chiu Ting Machinery Co Debt-to-Equity Chart

Chiu Ting Machinery 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 1.32 2.24 1.55 0.46 0.37

Chiu Ting Machinery 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 0.43 0.34 0.29 0.37 0.30

Competitive Comparison of Chiu Ting Machinery Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Chiu Ting Machinery 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.


Chiu Ting Machinery Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chiu Ting Machinery Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Chiu Ting Machinery Co's Debt-to-Equity falls into.



Chiu Ting Machinery Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chiu Ting Machinery Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Chiu Ting Machinery 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.


Chiu Ting Machinery Co  (TPE:1539) 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.


Chiu Ting Machinery Co Debt-to-Equity Related Terms

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Chiu Ting Machinery Co (TPE:1539) Business Description

Traded in Other Exchanges
N/A
Address
No.78, Yongfeng Road, Taiping District, Taichung, TWN, 411032
Chiu Ting Machinery Co Ltd engages in the manufacture and sales of planers, jointers, table saws, shapers, wood lathes, woodworking machinery parts, and power tools. The products offered by the company include benchtop table saw, parallelogram jointer series, and minimized snipe planar series.

Chiu Ting Machinery Co (TPE:1539) Headlines

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