Perfect Optronics (HKSE:08311) Debt-to-Equity : 0.07 (As of Jun. 2024)

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What is Perfect Optronics Debt-to-Equity?

Perfect Optronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$2.86 Mil. Perfect Optronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$3.60 Mil. Perfect Optronics's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$94.57 Mil. Perfect Optronics's debt to equity for the quarter that ended in Jun. 2024 was 0.07.

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 Perfect Optronics's Debt-to-Equity or its related term are showing as below:

HKSE:08311' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.09 Max: 0.31
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Perfect Optronics was 0.31. The lowest was 0.00. And the median was 0.09.

HKSE:08311's Debt-to-Equity is ranked better than
72.81% of 2177 companies
in the Hardware industry
Industry Median: 0.28 vs HKSE:08311: 0.10

Perfect Optronics Debt-to-Equity Historical Data

The historical data trend for Perfect Optronics'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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Perfect Optronics Debt-to-Equity Chart

Perfect Optronics Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.08

0.11

0.09

0.10

Perfect Optronics Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.10	N/A	0.09	0.07	0.10

Competitive Comparison of Perfect Optronics's Debt-to-Equity

For the Electronic Components subindustry, Perfect Optronics'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.

Perfect Optronics's Debt-to-Equity Distribution in the Hardware Industry

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

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

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Perfect Optronics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Perfect Optronics'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
	=	(3.493	+	4.433)	/	92.295
	=	0.09

Perfect Optronics's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(2.864	+	3.604)	/	94.565
	=	0.07

Perfect Optronics (HKSE:08311) 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.

Perfect Optronics Debt-to-Equity Related Terms

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Perfect Optronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Perfect Optronics Ltd (HKSE:08311) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88 Tokwawan Road, Flat 903, 9th Floor, New Lee Wah Centre, Tokwawan, Kowloon, Hong Kong, HKG

Website

http://www.perfect-optronics.com

Perfect Optronics Ltd is an investment holding company principally engaged in the trading of display panels, optics products, and related electronic components. It offers Thin film transistor liquid crystal display (TFT-LCD) panels and modules, Polarisers, Electronic signage, Optics products, Light guide plates, Integrated circuits, and other products. Key revenue is derived from the TFT-LCD panels and modules. It operates businesses in Hong Kong, China, and Taiwan, out of which Hong Kong accounts for a majority of the revenue.

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