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Taiwan Mask (TPE:2338) Debt-to-Equity : 2.67 (As of Mar. 2024)


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What is Taiwan Mask Debt-to-Equity?

Taiwan Mask's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$7,640 Mil. Taiwan Mask's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$6,909 Mil. Taiwan Mask's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$5,442 Mil. Taiwan Mask's debt to equity for the quarter that ended in Mar. 2024 was 2.67.

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 Taiwan Mask's Debt-to-Equity or its related term are showing as below:

TPE:2338' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.73   Max: 3.64
Current: 2.67

During the past 13 years, the highest Debt-to-Equity Ratio of Taiwan Mask was 3.64. The lowest was 0.00. And the median was 0.73.

TPE:2338's Debt-to-Equity is ranked worse than
96.91% of 874 companies
in the Semiconductors industry
Industry Median: 0.26 vs TPE:2338: 2.67

Taiwan Mask Debt-to-Equity Historical Data

The historical data trend for Taiwan Mask'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.

Taiwan Mask Debt-to-Equity Chart

Taiwan Mask 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 0.56 1.28 1.86 2.55 2.69

Taiwan Mask 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 2.97 2.66 2.86 2.69 2.67

Competitive Comparison of Taiwan Mask's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Taiwan Mask'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.


Taiwan Mask's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Taiwan Mask's Debt-to-Equity distribution charts can be found below:

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



Taiwan Mask Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taiwan Mask's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Taiwan Mask'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.


Taiwan Mask  (TPE:2338) 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.


Taiwan Mask Debt-to-Equity Related Terms

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


Taiwan Mask (TPE:2338) Business Description

Traded in Other Exchanges
N/A
Address
No. 11, Chuangxin 1st Road, Baoshan, Hsinchu Science Park, Hsinchu, TWN
Taiwan Mask Corp manufactures and markets masks for semiconductor production. It also engages in providing technical support, consulting, testing, maintenance, and repairing of masks and circuits. It is involved in manufacturing and selling medical wares. Its product segment comprises Photomask and semiconductor segment and Medical segment. The majority of revenue gets derived from Photomask and semiconductor segment.

Taiwan Mask (TPE:2338) Headlines

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