Novatek Microelectronics (TPE:3034) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Novatek Microelectronics Debt-to-Equity?

Novatek Microelectronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$49 Mil. Novatek Microelectronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$324 Mil. Novatek Microelectronics's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$67,217 Mil. Novatek Microelectronics's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 Novatek Microelectronics's Debt-to-Equity or its related term are showing as below:

TPE:3034' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.23
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Novatek Microelectronics was 0.23. The lowest was 0.00. And the median was 0.04.

TPE:3034's Debt-to-Equity is ranked better than
99.89% of 882 companies
in the Semiconductors industry
Industry Median: 0.26 vs TPE:3034: 0.01

Novatek Microelectronics Debt-to-Equity Historical Data

The historical data trend for Novatek Microelectronics'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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Novatek Microelectronics Debt-to-Equity Chart

Novatek Microelectronics Annual Data

Trend

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Dec23

Debt-to-Equity

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0.01

Novatek Microelectronics 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															-	-	0.01	0.01	0.01

Competitive Comparison of Novatek Microelectronics's Debt-to-Equity

For the Semiconductors subindustry, Novatek Microelectronics'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.

Novatek Microelectronics's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Novatek Microelectronics's Debt-to-Equity distribution charts can be found below:

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

Novatek Microelectronics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Novatek Microelectronics'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
	=	(48.916	+	324.228)	/	67216.762
	=	0.01

Novatek Microelectronics'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
	=	(48.916	+	324.228)	/	67216.762
	=	0.01

Novatek Microelectronics (TPE:3034) 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.

Novatek Microelectronics Debt-to-Equity Related Terms

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Novatek Microelectronics (TPE:3034) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Novatek Microelectronics Corp (TPE:3034) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

No.13, Innovation Road I, 2nd Floor, Hsinchu Science Park, Hsinchu, TWN, 30076

Website

https://www.novatek.com.tw

Novatek Microelectronics Corp is a chip design company specializing in the design, development, and sales of a wide range of display driver ICs and SoC solutions for all display and audio/video applications. The group is mainly engaged in researching, developing, manufacturing, and sales of integrated circuit chips speech, communication, computer peripherals, LCD driver IC system, embedded MCU, DSP, and systems. The firm generates the majority of its revenue from countries across Asia, and the rest comes from Taiwan and others.

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