Hiwin Technologies (TPE:2049) Debt-to-Equity : 0.28 (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Hiwin Technologies Debt-to-Equity?

Hiwin Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$2,334 Mil. Hiwin Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$7,276 Mil. Hiwin Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$34,649 Mil. Hiwin Technologies's debt to equity for the quarter that ended in Mar. 2024 was 0.28.

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

TPE:2049' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.77 Max: 1.14
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of Hiwin Technologies was 1.14. The lowest was 0.27. And the median was 0.77.

TPE:2049's Debt-to-Equity is ranked better than
51.46% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs TPE:2049: 0.28

Hiwin Technologies Debt-to-Equity Historical Data

The historical data trend for Hiwin 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.

Hiwin Technologies Debt-to-Equity Chart

Hiwin Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.77

0.52

0.39

0.27

Hiwin Technologies 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															0.31	0.29	0.28	0.27	0.28

Competitive Comparison of Hiwin Technologies's Debt-to-Equity

For the Tools & Accessories subindustry, Hiwin 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.

Hiwin Technologies's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hiwin Technologies's Debt-to-Equity distribution charts can be found below:

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

Hiwin Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hiwin Technologies'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
	=	(2215.188	+	7325.456)	/	34998.024
	=	0.27

Hiwin 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
	=	(2334.398	+	7276.195)	/	34648.618
	=	0.28

Hiwin Technologies (TPE:2049) 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.

Hiwin Technologies Debt-to-Equity Related Terms

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

Hiwin Technologies (TPE:2049) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hiwin Technologies Corp (TPE:2049) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7, Jingke Road, Taichung Precision Machinery Park, Taichung, TWN, 408225

Website

https://www.hiwin.tw

Hiwin Technologies Corp manufactures linear guideways used in precision positioning, guiding, and measuring applications. Other products include ball screws for industrial machinery, which turn rotary motion into linear motion, and linear actuators utilizing a gear system to transform motor-powered rotary movement into linear movement. The end market for Hiwin is Taiwan, followed by smaller markets in Germany, Japan, and the United States. The Group's reportable segments are linear guideways, ballscrews and others. Majority of revenue is generated from Linear guideways segment.

Hiwin Technologies (TPE:2049) Headlines

No Headlines