FIH Mobile (FIH Mobile) Debt-to-Equity

: 0.45 (As of Dec. 2023)

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FIH Mobile's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $705 Mil. FIH Mobile's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3 Mil. FIH Mobile's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,558 Mil. FIH Mobile's debt to equity for the quarter that ended in Dec. 2023 was 0.45.

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 FIH Mobile's Debt-to-Equity or its related term are showing as below:

FXCNY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.34 Max: 0.67
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of FIH Mobile was 0.67. The lowest was 0.00. And the median was 0.34.

FXCNY's Debt-to-Equity is ranked worse than
64.03% of 2196 companies
in the Hardware industry
Industry Median: 0.28 vs FXCNY: 0.45

FIH Mobile Debt-to-Equity Historical Data

The historical data trend for FIH Mobile'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.

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FIH Mobile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.30

0.46

0.41

0.38

0.45

FIH Mobile Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.41	0.55	0.38	0.45	0.45

Competitive Comparison

For the Communication Equipment subindustry, FIH Mobile'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.

FIH Mobile Debt-to-Equity Distribution

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

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

FIH Mobile Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FIH Mobile'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
	=	(704.911	+	2.744)	/	1558.487
	=	0.45

FIH Mobile'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
	=	(704.911	+	2.744)	/	1558.487
	=	0.45

FIH Mobile (OTCPK:FXCNY) 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.

FIH Mobile Debt-to-Equity Related Terms

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FIH Mobile (FIH Mobile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » FIH Mobile Ltd (OTCPK:FXCNY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FXCNF:USA 02038:Hong Kong FW3:Germany

Address

No.4 Minsheng Street, Tucheng District, New Taipei City, TWN, 236

Website

https://www.fihmb.com

FIH Mobile Ltd is a provider of manufacturing services to the handset and wireless communications industry. The firm's services include product development and design, manufacturing and assembly, and after-sale maintenance and repairs. A majority of the firm's revenue is generated in Asia, with the rest coming from Europe and America region.

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