Tatung Co (TPE:2371) Debt-to-Equity : 0.77 (As of Mar. 2024)

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What is Tatung Co Debt-to-Equity?

Tatung Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$10,457 Mil. Tatung Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$31,016 Mil. Tatung Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$53,712 Mil. Tatung Co's debt to equity for the quarter that ended in Mar. 2024 was 0.77.

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

TPE:2371' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.7 Med: 1.71 Max: 4.56
Current: 0.77

During the past 13 years, the highest Debt-to-Equity Ratio of Tatung Co was 4.56. The lowest was 0.70. And the median was 1.71.

TPE:2371's Debt-to-Equity is ranked worse than
59.24% of 471 companies
in the Conglomerates industry
Industry Median: 0.56 vs TPE:2371: 0.77

Tatung Co Debt-to-Equity Historical Data

The historical data trend for Tatung 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.

Tatung Co Debt-to-Equity Chart

Tatung Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.33

1.26

1.10

0.75

Tatung 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															0.72	0.73	0.70	0.75	0.77

Competitive Comparison of Tatung Co's Debt-to-Equity

For the Conglomerates subindustry, Tatung 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.

Tatung Co's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tatung Co's Debt-to-Equity distribution charts can be found below:

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

Tatung Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tatung Co'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
	=	(7865.39	+	33300.949)	/	54662.812
	=	0.75

Tatung Co'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
	=	(10457.177	+	31015.528)	/	53711.943
	=	0.77

Tatung Co (TPE:2371) 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 Co Debt-to-Equity Related Terms

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Tatung Co (TPE:2371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tatung Co Ltd (TPE:2371) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 22, Section 3, Zhongshan North Road, Taipei, TWN, 104427

Website

http://www.tatung.com.tw

Tatung Co Ltd is a Taiwan-based conglomerate that primarily operates through the following business groups. The Optoelectronics business group manufactures TFD - LCD, small and medium-sized panels. The consumer business group produces digital entertainment products, Internet of Things products, air conditioners, home appliances, LED TVs, and other products. The Machinery and system business group is engaged in areas such as the Internet of Things and smart grid, new energy systems, motors, machinery and energy systems.; and the Real estate segments. The company generates most of its revenue from Taiwan, China, and Asia.

Tatung Co (TPE:2371) Headlines

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