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Munsin Garment (ROCO:2916) Debt-to-Equity : 0.12 (As of Mar. 2024)


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What is Munsin Garment Debt-to-Equity?

Munsin Garment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$117 Mil. Munsin Garment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1 Mil. Munsin Garment's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$997 Mil. Munsin Garment's debt to equity for the quarter that ended in Mar. 2024 was 0.12.

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

ROCO:2916' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.11   Max: 0.27
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Munsin Garment was 0.27. The lowest was 0.01. And the median was 0.11.

ROCO:2916's Debt-to-Equity is ranked better than
79.4% of 932 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.435 vs ROCO:2916: 0.12

Munsin Garment Debt-to-Equity Historical Data

The historical data trend for Munsin Garment'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.

Munsin Garment Debt-to-Equity Chart

Munsin Garment 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 0.20 0.09 0.12 0.10 0.15

Munsin Garment 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 0.01 0.06 0.15 0.12

Competitive Comparison of Munsin Garment's Debt-to-Equity

For the Apparel Manufacturing subindustry, Munsin Garment'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.


Munsin Garment's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Munsin Garment's Debt-to-Equity distribution charts can be found below:

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



Munsin Garment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Munsin Garment'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.


Munsin Garment  (ROCO:2916) 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.


Munsin Garment Debt-to-Equity Related Terms

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Munsin Garment (ROCO:2916) Business Description

Traded in Other Exchanges
N/A
Address
NO.18, Wu-Chuan 6 Road, Wu-Gu District, New Taipei City, TWN
Munsin Garment Corp manufactures and trades garments knitwear. The company provides men's and women's apparels under brands named Munsingwear, Mcgregor, Eminento, NARA and Hazzys, among others.

Munsin Garment (ROCO:2916) Headlines

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