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Tehmag Foods (ROCO:1264) Debt-to-Equity : 0.02 (As of Mar. 2024)


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What is Tehmag Foods Debt-to-Equity?

Tehmag Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$27 Mil. Tehmag Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$38 Mil. Tehmag Foods's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$2,845 Mil. Tehmag Foods's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Tehmag Foods's Debt-to-Equity or its related term are showing as below:

ROCO:1264' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.03   Max: 0.16
Current: 0.02

During the past 11 years, the highest Debt-to-Equity Ratio of Tehmag Foods was 0.16. The lowest was 0.00. And the median was 0.03.

ROCO:1264's Debt-to-Equity is ranked better than
95.76% of 1652 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs ROCO:1264: 0.02

Tehmag Foods Debt-to-Equity Historical Data

The historical data trend for Tehmag Foods'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.

Tehmag Foods Debt-to-Equity Chart

Tehmag Foods 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 0.02 0.12 0.08 0.11 0.07

Tehmag Foods 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 0.03 0.03 0.09 0.07 0.02

Competitive Comparison of Tehmag Foods's Debt-to-Equity

For the Packaged Foods subindustry, Tehmag Foods'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.


Tehmag Foods's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tehmag Foods's Debt-to-Equity distribution charts can be found below:

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



Tehmag Foods Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tehmag Foods's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Tehmag Foods'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.


Tehmag Foods  (ROCO:1264) 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.


Tehmag Foods Debt-to-Equity Related Terms

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


Tehmag Foods (ROCO:1264) Business Description

Traded in Other Exchanges
N/A
Address
No.31, Wuquan 5th Road, Wugu District, New Taipei, TWN
Tehmag Foods Corp is engaged in Baking, cooking and steaming food manufacturing industry; Flour milling industry; Food additive manufacturing industry; Noodle and vermicelli food manufacturing industry and Food and beverage retail industry. Its marketing channels include bakery shops, hotels, restaurants. The company offers baked goods, dairy products, all kinds of packaging materials and instruments of baking mixes.

Tehmag Foods (ROCO:1264) Headlines

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