Lytone Enterprise (ROCO:1293) Debt-to-Equity : 0.40 (As of Dec. 2023)

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What is Lytone Enterprise Debt-to-Equity?

Lytone Enterprise's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$21.6 Mil. Lytone Enterprise's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$67.7 Mil. Lytone Enterprise's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$225.1 Mil. Lytone Enterprise's debt to equity for the quarter that ended in Dec. 2023 was 0.40.

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 Lytone Enterprise's Debt-to-Equity or its related term are showing as below:

ROCO:1293' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.44 Max: 0.72
Current: 0.4

During the past 6 years, the highest Debt-to-Equity Ratio of Lytone Enterprise was 0.72. The lowest was 0.20. And the median was 0.44.

ROCO:1293's Debt-to-Equity is ranked better than
50.64% of 1643 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs ROCO:1293: 0.40

Lytone Enterprise Debt-to-Equity Historical Data

The historical data trend for Lytone Enterprise'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.

Lytone Enterprise Debt-to-Equity Chart

Lytone Enterprise Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.72

0.48

0.20

0.40

Lytone Enterprise Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						0.20	0.34	0.20	0.23	0.40

Competitive Comparison of Lytone Enterprise's Debt-to-Equity

For the Farm Products subindustry, Lytone Enterprise'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.

Lytone Enterprise's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Lytone Enterprise Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lytone Enterprise'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
	=	(21.625	+	67.71)	/	225.094
	=	0.40

Lytone Enterprise'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
	=	(21.625	+	67.71)	/	225.094
	=	0.40

Lytone Enterprise (ROCO:1293) 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.

Lytone Enterprise Debt-to-Equity Related Terms

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Lytone Enterprise (ROCO:1293) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lytone Enterprise Inc (ROCO:1293) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 169, Kangning Street, Suite 1, 13th Floor, No. 31-1, Xizhi District, New Taipei City, TWN, 22180

Website

https://www.lytone.com

Lytone Enterprise Inc is a provider of science-based solutions, data-driven technologies, and services to enhance the quality and extend the shelf life of fresh produce. It supports growers, packers, and retailers by providing post-harvest solutions at different stages of the supply chain from the farm to the market.

Lytone Enterprise (ROCO:1293) Headlines

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