Cubtek (ROCO:2252) Debt-to-Equity : 0.43 (As of Jun. 2024)

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What is Cubtek Debt-to-Equity?

Cubtek's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was NT$195.1 Mil. Cubtek's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was NT$31.8 Mil. Cubtek's Total Stockholders Equity for the quarter that ended in Jun. 2024 was NT$533.0 Mil. Cubtek's debt to equity for the quarter that ended in Jun. 2024 was 0.43.

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

ROCO:2252' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.36 Max: 0.77
Current: 0.43

During the past 6 years, the highest Debt-to-Equity Ratio of Cubtek was 0.77. The lowest was 0.20. And the median was 0.36.

ROCO:2252's Debt-to-Equity is ranked better than
53.62% of 1188 companies
in the Vehicles & Parts industry
Industry Median: 0.475 vs ROCO:2252: 0.43

Cubtek Debt-to-Equity Historical Data

The historical data trend for Cubtek'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.

Cubtek Debt-to-Equity Chart

Cubtek Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.29

0.77

0.22

0.44

0.40

Cubtek Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial						0.22	0.44	0.36	0.40	0.43

Competitive Comparison of Cubtek's Debt-to-Equity

For the Auto Parts subindustry, Cubtek'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.

Cubtek's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cubtek's Debt-to-Equity distribution charts can be found below:

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

Cubtek Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cubtek'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
	=	(221.446	+	0.099)	/	558.264
	=	0.40

Cubtek'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
	=	(195.062	+	31.803)	/	532.969
	=	0.43

Cubtek (ROCO:2252) 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.

Cubtek Debt-to-Equity Related Terms

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

Cubtek Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cubtek Inc (ROCO:2252) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.38, Taiyuan Street, 8, 6th Floor, Hsinchu County, Zhubei City, TWN, 302

Website

https://www.cubtek.com

Cubtek Inc invests in the R&D business and engages in the development of modules related to automotive safety systems.

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