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Chernan Metal Industrial (ROCO:3631) Debt-to-Equity : 0.80 (As of Dec. 2024)


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What is Chernan Metal Industrial Debt-to-Equity?

Chernan Metal Industrial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$384.76 Mil. Chernan Metal Industrial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$636.05 Mil. Chernan Metal Industrial's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$1,270.55 Mil. Chernan Metal Industrial's debt to equity for the quarter that ended in Dec. 2024 was 0.80.

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 Chernan Metal Industrial's Debt-to-Equity or its related term are showing as below:

ROCO:3631' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41   Med: 0.56   Max: 0.83
Current: 0.8

During the past 13 years, the highest Debt-to-Equity Ratio of Chernan Metal Industrial was 0.83. The lowest was 0.41. And the median was 0.56.

ROCO:3631's Debt-to-Equity is ranked worse than
81.32% of 2623 companies
in the Industrial Products industry
Industry Median: 0.28 vs ROCO:3631: 0.80

Chernan Metal Industrial Debt-to-Equity Historical Data

The historical data trend for Chernan Metal Industrial'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.

Chernan Metal Industrial Debt-to-Equity Chart

Chernan Metal Industrial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.59 0.71 0.83 0.80

Chernan Metal Industrial Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.83 0.81 0.81 0.80 0.80

Competitive Comparison of Chernan Metal Industrial's Debt-to-Equity

For the Metal Fabrication subindustry, Chernan Metal Industrial'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.


Chernan Metal Industrial's Debt-to-Equity Distribution in the Industrial Products Industry

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

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


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Chernan Metal Industrial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chernan Metal Industrial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Chernan Metal Industrial's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Chernan Metal Industrial  (ROCO:3631) 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.


Chernan Metal Industrial Debt-to-Equity Related Terms

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Chernan Metal Industrial Business Description

Traded in Other Exchanges
N/A
Address
No. 161, Sec. 1, Wanshou Road, 18th Floor-1, Guishan Township, Taoyuan, TWN
Chernan Metal Industrial Corp is engaged in Manufacture of Metal Structure and Architectural Components, Screw, Nut and Rivet Manufacturing, Spring Manufacturing, Lock Manufacturing, Metal Wire Products Manufacturing, Other Metal Products Manufacturing, Surface Treatments, Wholesale of Hardware, Wholesale of Electronic Materials, Retail Sale of Hardware, and Retail Sale of Electronic Materials.

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