Niche-Tech Semiconductor Materials (HKSE:08490) Debt-to-Equity : 0.50 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Niche-Tech Semiconductor Materials Debt-to-Equity?

Niche-Tech Semiconductor Materials's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$87.4 Mil. Niche-Tech Semiconductor Materials's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$22.6 Mil. Niche-Tech Semiconductor Materials's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$220.9 Mil. Niche-Tech Semiconductor Materials's debt to equity for the quarter that ended in Dec. 2023 was 0.50.

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 Niche-Tech Semiconductor Materials's Debt-to-Equity or its related term are showing as below:

HKSE:08490' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.22 Max: 1.62
Current: 0.5

During the past 9 years, the highest Debt-to-Equity Ratio of Niche-Tech Semiconductor Materials was 1.62. The lowest was 0.06. And the median was 0.22.

HKSE:08490's Debt-to-Equity is ranked worse than
69.22% of 874 companies
in the Semiconductors industry
Industry Median: 0.26 vs HKSE:08490: 0.50

Niche-Tech Semiconductor Materials Debt-to-Equity Historical Data

The historical data trend for Niche-Tech Semiconductor Materials'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.

Niche-Tech Semiconductor Materials Debt-to-Equity Chart

Niche-Tech Semiconductor Materials Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.28

0.20

0.22

0.20

0.50

Niche-Tech Semiconductor Materials 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	N/A	0.43	N/A	0.50

Competitive Comparison of Niche-Tech Semiconductor Materials's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Niche-Tech Semiconductor Materials'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.

Niche-Tech Semiconductor Materials's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Niche-Tech Semiconductor Materials's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Niche-Tech Semiconductor Materials's Debt-to-Equity falls into.

Niche-Tech Semiconductor Materials Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Niche-Tech Semiconductor Materials'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
	=	(87.385	+	22.626)	/	220.938
	=	0.50

Niche-Tech Semiconductor Materials'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
	=	(87.385	+	22.626)	/	220.938
	=	0.50

Niche-Tech Semiconductor Materials (HKSE:08490) 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.

Niche-Tech Semiconductor Materials Debt-to-Equity Related Terms

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

Niche-Tech Semiconductor Materials (HKSE:08490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Niche-Tech Semiconductor Materials Ltd (HKSE:08490) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 208, 2nd Floor, Lakeside 1, Phase Two, Hong Kong Science Park, Pak Shek Kok, New Territories, Hong Kong, HKG

Website

https://www.nichetech.com.hk

Niche-Tech Semiconductor Materials Ltd is a semiconductor packaging materials manufacturer. Its products are divided into Bonding Wires, Encapsulants, and Others. Bonding wires include developing, manufacturing, and supply of fine and ultra-fine Bonding Wires such as gold, gold alloy, silver alloy, aluminum, silicone aluminum, copper, copper alloy, and palladium-coated copper. Other products mainly include solder wire, solder bar, solder paste, and bonding tools for PCB application, and Encapsulant includes high-purity liquid glob-top epoxy for COB applications and others. The company generates a majority of its revenue from Bonding wires, and geographically from the People's Republic of China.

Executives

Chows Investment Group Limited	2201 Interest of corporation controlled by you
Niche-tech Investment Holdings Limited	2101 Beneficial owner
Cheng Pak Ching	2202 Interest of your spouse
Ma Ah Muk	2101 Beneficial owner
Chow Chun Kay Stephen	2201 Interest of corporation controlled by you
Chow Fung Wai Lan Rita	2202 Interest of your spouse
Chow Bok Hin Felix	2201 Interest of corporation controlled by you
Chow Kuo Li Jen	2202 Interest of your spouse

Niche-Tech Semiconductor Materials (HKSE:08490) Headlines

No Headlines