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Horng Tong Enterprise Co (ROCO:5271) Debt-to-Equity : 1.36 (As of Dec. 2023)


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What is Horng Tong Enterprise Co Debt-to-Equity?

Horng Tong Enterprise Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$360.3 Mil. Horng Tong Enterprise Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$126.0 Mil. Horng Tong Enterprise Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$357.6 Mil. Horng Tong Enterprise Co's debt to equity for the quarter that ended in Dec. 2023 was 1.36.

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 Horng Tong Enterprise Co's Debt-to-Equity or its related term are showing as below:

ROCO:5271' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48   Med: 0.7   Max: 1.36
Current: 1.36

During the past 13 years, the highest Debt-to-Equity Ratio of Horng Tong Enterprise Co was 1.36. The lowest was 0.48. And the median was 0.70.

ROCO:5271's Debt-to-Equity is ranked worse than
91.79% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs ROCO:5271: 1.36

Horng Tong Enterprise Co Debt-to-Equity Historical Data

The historical data trend for Horng Tong Enterprise 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.

Horng Tong Enterprise Co Debt-to-Equity Chart

Horng Tong Enterprise 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 0.65 0.64 0.91 1.00 1.36

Horng Tong Enterprise Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.91 1.03 1.00 0.98 1.36

Competitive Comparison of Horng Tong Enterprise Co's Debt-to-Equity

For the Computer Hardware subindustry, Horng Tong Enterprise 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.


Horng Tong Enterprise Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Horng Tong Enterprise Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Horng Tong Enterprise Co's Debt-to-Equity falls into.



Horng Tong Enterprise Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Horng Tong Enterprise Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Horng Tong Enterprise Co  (ROCO:5271) 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.


Horng Tong Enterprise Co Debt-to-Equity Related Terms

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Horng Tong Enterprise Co (ROCO:5271) Business Description

Traded in Other Exchanges
N/A
Address
3F Unit 7-8, Zhong-Xing Road, Section 1, Wugo District, New Taipei City, TWN, 248
Horng Tong Enterprise Co Ltd is a Taiwan based connector provider company. The company is engaged in designing, manufacturing and sales of consumer electronics products. Its main products include Motherboard, Notebook, connectors and TV/SET TOP BOX.

Horng Tong Enterprise Co (ROCO:5271) Headlines

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