GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cincon Electronics Co Ltd (ROCO:3332) » Definitions » Debt-to-Equity

Cincon Electronics Co (ROCO:3332) Debt-to-Equity : 0.06 (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Cincon Electronics Co Debt-to-Equity?

Cincon Electronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$49 Mil. Cincon Electronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$52 Mil. Cincon Electronics Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$1,737 Mil. Cincon Electronics Co's debt to equity for the quarter that ended in Mar. 2024 was 0.06.

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 Cincon Electronics Co's Debt-to-Equity or its related term are showing as below:

ROCO:3332' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.2
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Cincon Electronics Co was 0.20. The lowest was 0.00. And the median was 0.00.

ROCO:3332's Debt-to-Equity is ranked better than
81.38% of 2626 companies
in the Industrial Products industry
Industry Median: 0.28 vs ROCO:3332: 0.06

Cincon Electronics Co Debt-to-Equity Historical Data

The historical data trend for Cincon Electronics 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.

* Premium members only.

Cincon Electronics Co Debt-to-Equity Chart

Cincon Electronics Co 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 - 0.03 0.02 0.11 0.06

Cincon Electronics Co 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 0.20 0.09 0.07 0.06 0.06

Competitive Comparison of Cincon Electronics Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Cincon Electronics 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.


Cincon Electronics Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cincon Electronics Co's Debt-to-Equity distribution charts can be found below:

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



Cincon Electronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cincon Electronics Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Cincon Electronics Co'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.


Cincon Electronics Co  (ROCO:3332) 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.


Cincon Electronics Co Debt-to-Equity Related Terms

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


Cincon Electronics Co (ROCO:3332) Business Description

Traded in Other Exchanges
N/A
Address
14th Floor No. 306, Hsin Yi Road, Taiepi, TWN
Cincon Electronics Co Ltd is a supplier of switch mode power conversion products to the communications, computer, industrial, medical, and consumer markets globally. Its products include battery chargers, and mobile phone battery converters, among others.

Cincon Electronics Co (ROCO:3332) Headlines

No Headlines