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An-Shin Food Services Co (ROCO:1259) Debt-to-Equity : 0.84 (As of Mar. 2024)


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What is An-Shin Food Services Co Debt-to-Equity?

An-Shin Food Services Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$484 Mil. An-Shin Food Services Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,615 Mil. An-Shin Food Services Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$2,515 Mil. An-Shin Food Services Co's debt to equity for the quarter that ended in Mar. 2024 was 0.83.

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 An-Shin Food Services Co's Debt-to-Equity or its related term are showing as below:

ROCO:1259' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.87   Max: 1.08
Current: 0.84

During the past 13 years, the highest Debt-to-Equity Ratio of An-Shin Food Services Co was 1.08. The lowest was 0.00. And the median was 0.87.

ROCO:1259's Debt-to-Equity is ranked better than
54.13% of 303 companies
in the Restaurants industry
Industry Median: 0.94 vs ROCO:1259: 0.84

An-Shin Food Services Co Debt-to-Equity Historical Data

The historical data trend for An-Shin Food Services 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.

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An-Shin Food Services Co Debt-to-Equity Chart

An-Shin Food Services 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 0.88 0.85 0.96 1.03 0.86

An-Shin Food Services 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 0.94 0.87 0.85 0.86 0.84

Competitive Comparison of An-Shin Food Services Co's Debt-to-Equity

For the Restaurants subindustry, An-Shin Food Services 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.


An-Shin Food Services Co's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, An-Shin Food Services Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where An-Shin Food Services Co's Debt-to-Equity falls into.



An-Shin Food Services Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

An-Shin Food Services Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

An-Shin Food Services 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.


An-Shin Food Services Co  (ROCO:1259) 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.


An-Shin Food Services Co Debt-to-Equity Related Terms

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An-Shin Food Services Co (ROCO:1259) Business Description

Traded in Other Exchanges
N/A
Address
No. 136, Section 3, Renai Road, Room 201, 2nd Floor, Daan District, Taipei, TWN, 106465
An-Shin Food Services Co Ltd is engaged in the operation of a fast food chain restaurant. The company is primarily involved in sales; marketing and consultancy of hamburgers, as well as managing coffee shops and restaurants. The company has two reportable segments restaurant and information services in Taiwan and Mainland China. It derives majority of the revenue from the restaurant service.

An-Shin Food Services Co (ROCO:1259) Headlines

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