Darwin Precisions (TPE:6120) Debt-to-Equity : 0.27 (As of Mar. 2024)

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What is Darwin Precisions Debt-to-Equity?

Darwin Precisions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$905 Mil. Darwin Precisions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,602 Mil. Darwin Precisions's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$9,257 Mil. Darwin Precisions's debt to equity for the quarter that ended in Mar. 2024 was 0.27.

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

TPE:6120' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.26 Max: 0.44
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Darwin Precisions was 0.44. The lowest was 0.07. And the median was 0.26.

TPE:6120's Debt-to-Equity is ranked better than
52.81% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs TPE:6120: 0.27

Darwin Precisions Debt-to-Equity Historical Data

The historical data trend for Darwin Precisions'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.

Darwin Precisions Debt-to-Equity Chart

Darwin Precisions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.28

0.38

0.41

0.44

0.32

Darwin Precisions 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															0.39	0.39	0.38	0.32	0.27

Competitive Comparison of Darwin Precisions's Debt-to-Equity

For the Electronic Components subindustry, Darwin Precisions'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.

Darwin Precisions's Debt-to-Equity Distribution in the Hardware Industry

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

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

Darwin Precisions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Darwin Precisions'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
	=	(907.211	+	2021.392)	/	9221.771
	=	0.32

Darwin Precisions'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
	=	(905.47	+	1601.521)	/	9256.534
	=	0.27

Darwin Precisions (TPE:6120) 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.

Darwin Precisions Debt-to-Equity Related Terms

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

Darwin Precisions (TPE:6120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Darwin Precisions Corp (TPE:6120) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.20-1, Guangfu North Road, Hukou Township, Hsinchu County, Hsinchu, TWN, 303036

Website

https://www.darwinprecisions.com

Darwin Precisions Corp is a Taiwanese company engaged in the manufacturing, assembling, processing, and trading of backlight modules, computer peripherals, and communication equipment. The company's products users are manufacturers of liquid crystal display, or LCD, panels and scanners, among others. The company's geographical markets include Korea, Taiwan, China, Japan, and Other.

Darwin Precisions (TPE:6120) Headlines

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