Haewan International Development Co (ROCO:3252) Debt-to-Equity: 0.78 (As of Jun. 2026) — Near Median

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ROCO:3252 Haewan International Development Co Ltd ROCO:3252
65 GF Score
Price NT$15.30
GF Value NT$18.96
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Haewan International Development Co Debt-to-Equity?

Haewan International Development Co ROCO:3252 65 Debt-to-Equity is 0.78 as of Jun. 2026, which is 1% below its 10-year median of 0.79. GuruFocus rates ROCO:3252 with a GF Score™ of 65/100 and a GF Value™ of NT$18.96 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 716 Travel & Leisure companies, Haewan International Development Co ranks worse than 65.36% on this metric.

Haewan International Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$276.9 Mil. Haewan International Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$1,243.5 Mil. Haewan International Development Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$1,957.0 Mil. Haewan International Development Co's debt to equity for the quarter that ended in Jun. 2026 was 0.78.

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 Haewan International Development Co's Debt-to-Equity or its related term are showing as below:

ROCO:3252' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59   Med: 0.79   Max: 1.68
Current: 0.78

During the past 13 years, the highest Debt-to-Equity Ratio of Haewan International Development Co was 1.68. The lowest was 0.59. And the median was 0.79.

ROCO:3252's Debt-to-Equity is ranked worse than
65.36% of 716 companies
in the Travel & Leisure industry
Industry Median: 0.43 vs ROCO:3252: 0.78

Haewan International Development Co  (ROCO:3252) 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.


Haewan International Development Co Debt-to-Equity Related Terms


Haewan International Development Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Haewan International Development 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.

Haewan International Development Co Debt-to-Equity Chart

Haewan International Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.79 0.73 0.84 0.77

Haewan International Development Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.81 0.80 0.77 0.76 0.78

ROCO:3252 vs LVS, MGM, WYNN: Debt-to-Equity Comparison

For the Resorts & Casinos subindustry, Haewan International Development 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.


Haewan International Development Co Debt-to-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Haewan International Development Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Haewan International Development Co's Debt-to-Equity falls into.


ROCO:3252
65GF Score
Haewan International Development Co Ltd ROCO:3252
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Haewan International Development Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Haewan International Development Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Haewan International Development Co's Debt to Equity Ratio for the quarter that ended in Jun. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.78 mean?
Haewan International Development Co (ROCO:3252) has a Debt-to-Equity of 0.78 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Haewan International Development Co and its competitors. This is near median its historical median of 0.79. Over the past decade, Haewan International Development Co's Debt-to-Equity has ranged from 0.59 to 1.68. According to the industry distribution chart, Haewan International Development Co ranks #468 out of 716 companies in the Travel & Leisure industry, placing it in the top 65.4%.
Is Haewan International Development Co's Debt-to-Equity too high?
Haewan International Development Co's current Debt-to-Equity of 0.78 is near median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.68. The Travel & Leisure industry median Debt-to-Equity is 0.43. Haewan International Development Co's value of 0.78 is 81.4% above this industry median. Based on the distribution chart, Haewan International Development Co ranks #468 out of 716 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Haewan International Development Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Haewan International Development Co's Debt-to-Equity compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Haewan International Development Co ranks #468 out of 716 companies for Debt-to-Equity. This places Haewan International Development Co in the lower half of its industry. The industry median Debt-to-Equity is 0.43. Haewan International Development Co's value of 0.78 is 81.4% above this benchmark. Historically, Haewan International Development Co's own Debt-to-Equity has ranged from 0.59 to 1.68 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 0.43, Haewan International Development Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.43, based on 716 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Haewan International Development Co's current Debt-to-Equity of 0.78 is 81.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Haewan International Development Co and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haewan International Development Co's current Debt-to-Equity is 0.78, which is near median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haewan International Development Co stock overvalued right now?
Based on GuruFocus' analysis, Haewan International Development Co (ROCO:3252) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$18.96, compared to a current price of NT$15.30 — trading 19.3% below its estimated fair value. The current Debt-to-Equity is 0.78, which is near median its 10-year median of 0.79 and 81.4% above the Travel & Leisure industry median of 0.43. Haewan International Development Co's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Haewan International Development Co (ROCO:3252), the current Debt-to-Equity is 0.78 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Haewan International Development Co (ROCO:3252) Overvalued in 2026?

Based on GuruFocus' analysis, Haewan International Development Co stock appears to be undervalued. The current stock price of NT$15.30 is trading 19.3% below its estimated GF Value™ of NT$18.96. GuruFocus considers Haewan International Development Co to be Modestly Undervalued.

Key valuation signals for ROCO:3252:

  • Debt-to-Equity: 0.78 (near median its 10-year median of 0.79)
  • GF Value™: NT$18.96 vs. price of NT$15.30 (19.3% below fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 81.4% above the Travel & Leisure median (#468 of 716)

No single metric tells the full story. See the ROCO:3252 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Haewan International Development Co Business Description

Address No.22, Dahe Road, 3rd Floor, Minlongli, West District, Taichung, TWN, 403
Haewan International Development Co Ltd develops a residential property and operates hotels in Taiwan. The company's main business projects include (1) General hotel industry. (2) Residential and building development and leasing industry. (3) Real estate trading industry.
65GF Score

Get the complete analysis for ROCO:3252

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$15.30
Price
NT$18.96
GF Value