Waffer Technology (TPE:6235) Debt-to-Equity : 0.39 (As of Dec. 2023)

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What is Waffer Technology Debt-to-Equity?

Waffer Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$828 Mil. Waffer Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$703 Mil. Waffer Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$3,961 Mil. Waffer Technology's debt to equity for the quarter that ended in Dec. 2023 was 0.39.

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

TPE:6235' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.32 Max: 0.63
Current: 0.39

During the past 13 years, the highest Debt-to-Equity Ratio of Waffer Technology was 0.63. The lowest was 0.01. And the median was 0.32.

TPE:6235's Debt-to-Equity is ranked worse than
58.23% of 2624 companies
in the Industrial Products industry
Industry Median: 0.29 vs TPE:6235: 0.39

Waffer Technology Debt-to-Equity Historical Data

The historical data trend for Waffer Technology'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.

Waffer Technology Debt-to-Equity Chart

Waffer Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.63

0.39

0.44

0.22

0.39

Waffer Technology Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.22	0.25	0.32	0.41	0.39

Competitive Comparison of Waffer Technology's Debt-to-Equity

For the Metal Fabrication subindustry, Waffer Technology'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.

Waffer Technology's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Waffer Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Waffer Technology'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
	=	(827.887	+	702.595)	/	3961.167
	=	0.39

Waffer Technology's Debt to Equity Ratio for the quarter 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
	=	(827.887	+	702.595)	/	3961.167
	=	0.39

Waffer Technology (TPE:6235) 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.

Waffer Technology Debt-to-Equity Related Terms

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

Waffer Technology (TPE:6235) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Waffer Technology Corp (TPE:6235) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.200 Wenhua 2nd Rd, Guishan Township, Taoyuan, TWN, 33377

Website

https://www.waffer.biz

Waffer Technology Corp is a Taiwan-based company, that engages in the manufacture and sale of magnesium alloy and aluminum alloy die-casting components and products. It is engaged in the provision of a light-metal solution of magnesium and aluminum alloy, mold and tooling research and development, magnesium alloy injection, magnesium die-casting, CNC, and painting and assembly of vertical integration OEM/ODM processing. It serves its services to medical, industrial, telecommunications, construction, automotive, sporting goods, aeronautical, transportation, national defense, and other industries.

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