Golden Bridge Electech (TPE:6133) Debt-to-Equity : 0.53 (As of Mar. 2024)

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What is Golden Bridge Electech Debt-to-Equity?

Golden Bridge Electech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$569.0 Mil. Golden Bridge Electech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$33.6 Mil. Golden Bridge Electech's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$1,127.9 Mil. Golden Bridge Electech's debt to equity for the quarter that ended in Mar. 2024 was 0.53.

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 Golden Bridge Electech's Debt-to-Equity or its related term are showing as below:

TPE:6133' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.09 Max: 0.56
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of Golden Bridge Electech was 0.56. The lowest was 0.00. And the median was 0.09.

TPE:6133's Debt-to-Equity is ranked worse than
68.31% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs TPE:6133: 0.53

Golden Bridge Electech Debt-to-Equity Historical Data

The historical data trend for Golden Bridge Electech'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.

Golden Bridge Electech Debt-to-Equity Chart

Golden Bridge Electech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.13

0.37

0.46

0.49

0.56

Golden Bridge Electech 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															0.49	0.54	0.51	0.56	0.53

Competitive Comparison of Golden Bridge Electech's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Golden Bridge Electech'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.

Golden Bridge Electech's Debt-to-Equity Distribution in the Industrial Products Industry

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

* The bar in red indicates where Golden Bridge Electech's Debt-to-Equity falls into.

Golden Bridge Electech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Golden Bridge Electech'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
	=	(586.071	+	39.891)	/	1111.475
	=	0.56

Golden Bridge Electech'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
	=	(568.961	+	33.612)	/	1127.933
	=	0.53

Golden Bridge Electech (TPE:6133) 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.

Golden Bridge Electech Debt-to-Equity Related Terms

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

Golden Bridge Electech (TPE:6133) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Golden Bridge Electech Inc (TPE:6133) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

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Address

Beishen Road,, 3rd Floor, No. 6, Lane 270, Section 3, Shenkeng District, New Taipei City, TWN

Website

http://www.gbe.com.tw

Golden Bridge Electech Inc is a provider of cable design. The Company's main business is the manufacturing and sales of wires and wireless products for computer peripherals, ultra-high frequency communications, consumer electronics, as well as various types of power supply cables, and is developing into a technology solution provider. It offers interconnect solutions for automotive electronics; communications; and Industrial use.

Golden Bridge Electech (TPE:6133) Headlines

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