Norbel Baby Co (ROCO:6844) Debt-to-Equity : 0.34 (As of Dec. 2023)

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What is Norbel Baby Co Debt-to-Equity?

Norbel Baby Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$189 Mil. Norbel Baby Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$807 Mil. Norbel Baby Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$2,960 Mil. Norbel Baby Co's debt to equity for the quarter that ended in Dec. 2023 was 0.34.

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 Norbel Baby Co's Debt-to-Equity or its related term are showing as below:

ROCO:6844' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 0.4 Max: 0.51
Current: 0.34

During the past 6 years, the highest Debt-to-Equity Ratio of Norbel Baby Co was 0.51. The lowest was 0.34. And the median was 0.40.

ROCO:6844's Debt-to-Equity is ranked better than
66.33% of 1004 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs ROCO:6844: 0.34

Norbel Baby Co Debt-to-Equity Historical Data

The historical data trend for Norbel Baby 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.

Norbel Baby Co Debt-to-Equity Chart

Norbel Baby Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.51

0.40

0.39

0.41

0.34

Norbel Baby Co Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.41	0.47	0.35	0.34	0.34

Competitive Comparison of Norbel Baby Co's Debt-to-Equity

For the Specialty Retail subindustry, Norbel Baby 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.

Norbel Baby Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Norbel Baby Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Norbel Baby Co's Debt-to-Equity falls into.

Norbel Baby Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Norbel Baby Co'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
	=	(189.224	+	806.615)	/	2960.167
	=	0.34

Norbel Baby Co'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
	=	(189.224	+	806.615)	/	2960.167
	=	0.34

Norbel Baby Co (ROCO:6844) 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.

Norbel Baby Co Debt-to-Equity Related Terms

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

Norbel Baby Co (ROCO:6844) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Norbel Baby Co Ltd (ROCO:6844) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 87, Dachang 2nd Road, Sanmin District, Kaohsiung, TWN

Website

https://www.norbelbaby.com.tw

Norbel Baby Co Ltd is engaged in the sale of pharmaceutical products. It offers Milk products, Paper pants wipes, Baby supplies, and Cosmeceuticals among other products.

Norbel Baby Co (ROCO:6844) Headlines

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