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Asia Optical Co (TPE:3019) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Asia Optical Co Debt-to-Equity?

Asia Optical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$19 Mil. Asia Optical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$25 Mil. Asia Optical Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$12,855 Mil. Asia Optical Co's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Asia Optical Co was 0.25. The lowest was 0.00. And the median was 0.01.

TPE:3019's Debt-to-Equity is not ranked *
in the Hardware industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Asia Optical Co Debt-to-Equity Historical Data

The historical data trend for Asia Optical 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.

Asia Optical Co Debt-to-Equity Chart

Asia Optical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - 0.01 - -

Asia Optical Co 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 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 - - - - -

Competitive Comparison of Asia Optical Co's Debt-to-Equity

For the Electronic Components subindustry, Asia Optical 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.


Asia Optical Co's Debt-to-Equity Distribution in the Hardware Industry

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

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



Asia Optical Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asia Optical Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Asia Optical Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Asia Optical Co  (TPE:3019) 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.


Asia Optical Co Debt-to-Equity Related Terms

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Asia Optical Co (TPE:3019) Business Description

Traded in Other Exchanges
N/A
Address
No. 22-3, South 2nd Road, Tanzi District, Taichung, TWN, 427058
Asia Optical Co Inc is engaged in the manufacturing and sale of optical components. The company provides optical lenses, precision glass molding lenses, aiming devices, imaging intercepting telescope parts, laser range finder parts, digital video disk (DVD) components, microscope components, and other products. Geographically the company distributes its products in Taiwan, Japan, other Asian markets, and the United States.

Asia Optical Co (TPE:3019) Headlines

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