GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Asia Neo Tech Industrial Co Ltd (ROCO:4542) » Definitions » Debt-to-Equity

Asia Neo Tech Industrial Co (ROCO:4542) Debt-to-Equity : 0.76 (As of Dec. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Asia Neo Tech Industrial Co Debt-to-Equity?

Asia Neo Tech Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$105.4 Mil. Asia Neo Tech Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$415.3 Mil. Asia Neo Tech Industrial Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$684.5 Mil. Asia Neo Tech Industrial Co's debt to equity for the quarter that ended in Dec. 2024 was 0.76.

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 Asia Neo Tech Industrial Co's Debt-to-Equity or its related term are showing as below:

ROCO:4542' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.24   Max: 0.76
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Asia Neo Tech Industrial Co was 0.76. The lowest was 0.07. And the median was 0.24.

ROCO:4542's Debt-to-Equity is ranked worse than
79.85% of 2620 companies
in the Industrial Products industry
Industry Median: 0.28 vs ROCO:4542: 0.76

Asia Neo Tech Industrial Co Debt-to-Equity Historical Data

The historical data trend for Asia Neo Tech Industrial 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.

Asia Neo Tech Industrial Co Debt-to-Equity Chart

Asia Neo Tech Industrial Co 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 0.36 0.30 0.50 0.49 0.76

Asia Neo Tech Industrial Co 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 0.49 0.47 0.54 0.84 0.76

Competitive Comparison of Asia Neo Tech Industrial Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Asia Neo Tech Industrial 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.


Asia Neo Tech Industrial Co's Debt-to-Equity Distribution in the Industrial Products Industry

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

* The bar in red indicates where Asia Neo Tech Industrial Co's Debt-to-Equity falls into.


;
;

Asia Neo Tech Industrial Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asia Neo Tech Industrial Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Asia Neo Tech Industrial Co'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.


Asia Neo Tech Industrial Co  (ROCO:4542) 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.


Asia Neo Tech Industrial Co Debt-to-Equity Related Terms

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


Asia Neo Tech Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
No. 308, Mingxing Street, Shanshan District, Taoyuan, TWN
Asia Neo Tech Industrial Co Ltd manufactures and wholesales industrial equipment, including conveyor oven, cover lenses. The company designs, develops, manufactures automatic drying equipment and also provides drying solutions. Its product includes Touch panel, PCB, LED, RtoR, Energy saver among others.

Asia Neo Tech Industrial Co Headlines

No Headlines