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Answer Technology Co (TPE:3528) Debt-to-Equity : 1.37 (As of Mar. 2024)


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What is Answer Technology Co Debt-to-Equity?

Answer Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$2,395 Mil. Answer Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$8 Mil. Answer Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$1,757 Mil. Answer Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 1.37.

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

TPE:3528' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 0.62   Max: 2.11
Current: 1.37

During the past 13 years, the highest Debt-to-Equity Ratio of Answer Technology Co was 2.11. The lowest was 0.11. And the median was 0.62.

TPE:3528's Debt-to-Equity is ranked worse than
91.94% of 2195 companies
in the Hardware industry
Industry Median: 0.29 vs TPE:3528: 1.37

Answer Technology Co Debt-to-Equity Historical Data

The historical data trend for Answer Technology 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.

Answer Technology Co Debt-to-Equity Chart

Answer Technology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.45 0.33 0.71 1.08

Answer Technology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.08 2.11 1.52 1.05 1.37

Competitive Comparison of Answer Technology Co's Debt-to-Equity

For the Electronics & Computer Distribution subindustry, Answer Technology 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.


Answer Technology Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Answer Technology Co's Debt-to-Equity distribution charts can be found below:

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



Answer Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Answer Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Answer Technology 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.


Answer Technology Co  (TPE:3528) 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.


Answer Technology Co Debt-to-Equity Related Terms

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Answer Technology Co (TPE:3528) Business Description

Traded in Other Exchanges
N/A
Address
Xintai 5th Road, Yuzhi District, 21st Floor, No. 75, Section 1, Hsichih, Taipei, TWN, 221
Answer Technology Co Ltd is engaged in import, export and trading of electronic components. The company supplies analogue and semiconductor devices, micro telecommunication technologies and equipment.

Answer Technology Co (TPE:3528) Headlines

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