Young Optics (TPE:3504) Debt-to-Equity : 0.25 (As of Mar. 2024)

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What is Young Optics Debt-to-Equity?

Young Optics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$271 Mil. Young Optics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$419 Mil. Young Optics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$2,794 Mil. Young Optics's debt to equity for the quarter that ended in Mar. 2024 was 0.25.

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

TPE:3504' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.29 Max: 0.59
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Young Optics was 0.59. The lowest was 0.10. And the median was 0.29.

TPE:3504's Debt-to-Equity is ranked better than
54.4% of 2614 companies
in the Industrial Products industry
Industry Median: 0.28 vs TPE:3504: 0.25

Young Optics Debt-to-Equity Historical Data

The historical data trend for Young Optics'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.

Young Optics Debt-to-Equity Chart

Young Optics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.44

0.52

0.38

0.29

Young Optics 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															0.35	0.32	0.29	0.29	0.25

Competitive Comparison of Young Optics's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Young Optics'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.

Young Optics's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Young Optics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Young Optics'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
	=	(453.783	+	422.669)	/	2995.61
	=	0.29

Young Optics'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
	=	(271.092	+	419.207)	/	2794.006
	=	0.25

Young Optics (TPE:3504) 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.

Young Optics Debt-to-Equity Related Terms

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

Young Optics (TPE:3504) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Young Optics Inc (TPE:3504) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.7, Hsin-Ann Road, Hsinchu Science Park, Hsin-Chu, TWN, 30076

Website

https://www.youngoptics.com

Young Optics Inc is an integrated design manufacturer of optics. The principal business activities of the company are research, design, manufacture, and sales of optical components, optical engines, and key components. Its product portfolio comprises of mold processing, metal processing, optical element, optical engine, and image and projection optics modules.

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