GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » StrongLED Lighting System (Cayman) Co Ltd (ROCO:5281) » Definitions » Debt-to-Equity

StrongLED Lighting System (Cayman) Co (ROCO:5281) Debt-to-Equity : 0.29 (As of Jun. 2023)


View and export this data going back to 2016. Start your Free Trial

What is StrongLED Lighting System (Cayman) Co Debt-to-Equity?

StrongLED Lighting System (Cayman) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was NT$199.8 Mil. StrongLED Lighting System (Cayman) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was NT$1.8 Mil. StrongLED Lighting System (Cayman) Co's Total Stockholders Equity for the quarter that ended in Jun. 2023 was NT$704.2 Mil. StrongLED Lighting System (Cayman) Co's debt to equity for the quarter that ended in Jun. 2023 was 0.29.

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 StrongLED Lighting System (Cayman) Co's Debt-to-Equity or its related term are showing as below:

ROCO:5281's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

StrongLED Lighting System (Cayman) Co Debt-to-Equity Historical Data

The historical data trend for StrongLED Lighting System (Cayman) 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.

StrongLED Lighting System (Cayman) Co Debt-to-Equity Chart

StrongLED Lighting System (Cayman) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.57 0.41 0.12 0.30 0.19

StrongLED Lighting System (Cayman) Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.08 0.18 0.19 0.31 0.29

Competitive Comparison of StrongLED Lighting System (Cayman) Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, StrongLED Lighting System (Cayman) 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.


StrongLED Lighting System (Cayman) Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, StrongLED Lighting System (Cayman) Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where StrongLED Lighting System (Cayman) Co's Debt-to-Equity falls into.


;
;

StrongLED Lighting System (Cayman) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

StrongLED Lighting System (Cayman) Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

StrongLED Lighting System (Cayman) Co's Debt to Equity Ratio for the quarter that ended in Jun. 2023 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.


StrongLED Lighting System (Cayman) Co  (ROCO:5281) 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.


StrongLED Lighting System (Cayman) Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of StrongLED Lighting System (Cayman) Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


StrongLED Lighting System (Cayman) Co Business Description

Traded in Other Exchanges
N/A
Address
Shizheng N. 7th Road, 24-5, No. 186, Xitun District, Taichung, TWN, 407
StrongLED Lighting System (Cayman) Co Ltd operates in the LED lighting systems industry. The company is engaged in manufacturing of LED lighting equipment, integrated control systems and related software. Its product offering includes outdoor LED lighting, lighting control system and software, indoor LED lighting, and LED power supply, LED intelligent control system.

StrongLED Lighting System (Cayman) Co Headlines

No Headlines