GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ProLight Opto Technology Corp (ROCO:5277) » Definitions » Debt-to-Equity

ProLight Opto Technology (ROCO:5277) Debt-to-Equity : 0.40 (As of Dec. 2024)


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

What is ProLight Opto Technology Debt-to-Equity?

ProLight Opto Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$21.4 Mil. ProLight Opto Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$165.0 Mil. ProLight Opto Technology's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$468.3 Mil. ProLight Opto Technology's debt to equity for the quarter that ended in Dec. 2024 was 0.40.

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 ProLight Opto Technology's Debt-to-Equity or its related term are showing as below:

ROCO:5277' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.18   Max: 0.49
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of ProLight Opto Technology was 0.49. The lowest was 0.07. And the median was 0.18.

ROCO:5277's Debt-to-Equity is ranked worse than
60.62% of 2618 companies
in the Industrial Products industry
Industry Median: 0.28 vs ROCO:5277: 0.40

ProLight Opto Technology Debt-to-Equity Historical Data

The historical data trend for ProLight Opto Technology'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.

ProLight Opto Technology Debt-to-Equity Chart

ProLight Opto Technology 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 0.21 0.11 0.30 0.49 0.40

ProLight Opto Technology Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 0.30 0.44 0.49 0.51 0.40

Competitive Comparison of ProLight Opto Technology's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, ProLight Opto Technology'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.


ProLight Opto Technology's Debt-to-Equity Distribution in the Industrial Products Industry

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

* The bar in red indicates where ProLight Opto Technology's Debt-to-Equity falls into.


;
;

ProLight Opto Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ProLight Opto Technology's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

ProLight Opto Technology'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.


ProLight Opto Technology  (ROCO:5277) 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.


ProLight Opto Technology Debt-to-Equity Related Terms

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


ProLight Opto Technology Business Description

Traded in Other Exchanges
N/A
Address
Number 89, Xiyuan Road, Zhongli District, Taoyuan, TWN, 320
ProLight Opto Technology Corp is a manufacturer of LED packaging in Taiwan. The company offers products including COB, Emitter, UV LED, Plant Grow, Automotive LED and Assorted component.

ProLight Opto Technology Headlines

No Headlines