CyberTAN Technology (TPE:3062) Debt-to-Equity : 0.23 (As of Dec. 2023)

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What is CyberTAN Technology Debt-to-Equity?

CyberTAN Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$644 Mil. CyberTAN Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$430 Mil. CyberTAN Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$4,770 Mil. CyberTAN Technology's debt to equity for the quarter that ended in Dec. 2023 was 0.23.

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 CyberTAN Technology's Debt-to-Equity or its related term are showing as below:

TPE:3062' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.2 Max: 0.24
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of CyberTAN Technology was 0.24. The lowest was 0.03. And the median was 0.20.

TPE:3062's Debt-to-Equity is ranked better than
57.05% of 2200 companies
in the Hardware industry
Industry Median: 0.28 vs TPE:3062: 0.23

CyberTAN Technology Debt-to-Equity Historical Data

The historical data trend for CyberTAN Technology'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.

CyberTAN Technology Debt-to-Equity Chart

CyberTAN Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.19

0.24

0.21

0.20

0.23

CyberTAN Technology 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															0.20	0.15	0.17	0.16	0.23

Competitive Comparison of CyberTAN Technology's Debt-to-Equity

For the Communication Equipment subindustry, CyberTAN Technology'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.

CyberTAN Technology's Debt-to-Equity Distribution in the Hardware Industry

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

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

CyberTAN Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CyberTAN Technology'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
	=	(643.607	+	429.673)	/	4769.929
	=	0.23

CyberTAN Technology'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
	=	(643.607	+	429.673)	/	4769.929
	=	0.23

CyberTAN Technology (TPE:3062) 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.

CyberTAN Technology Debt-to-Equity Related Terms

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

CyberTAN Technology (TPE:3062) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CyberTAN Technology Inc (TPE:3062) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 99 Park Avenue III, Science-based Industrial Park, Hsinchu, TWN, 308

Website

https://www.cybertan.com.tw

CyberTAN Technology Inc mainly engaged in wired communication mechanical equipment manufacturing, electronic components manufacturing, and the R&D, development, and sales of broadband Internet routers, gateways, virtual private networks, firewalls, Layer 3 and Layer 4 switches, wired broadband network security router and wireless broadband network security router.

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