Sea & Land Transportation Services (ROCO:5603) Debt-to-Equity : 0.32 (As of Mar. 2024)

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What is Sea & Land Transportation Services Debt-to-Equity?

Sea & Land Transportation Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$375 Mil. Sea & Land Transportation Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$231 Mil. Sea & Land Transportation Services's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$1,880 Mil. Sea & Land Transportation Services's debt to equity for the quarter that ended in Mar. 2024 was 0.32.

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 Sea & Land Transportation Services's Debt-to-Equity or its related term are showing as below:

ROCO:5603' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.49 Max: 0.82
Current: 0.32

During the past 13 years, the highest Debt-to-Equity Ratio of Sea & Land Transportation Services was 0.82. The lowest was 0.26. And the median was 0.49.

ROCO:5603's Debt-to-Equity is ranked better than
65.99% of 882 companies
in the Transportation industry
Industry Median: 0.56 vs ROCO:5603: 0.32

Sea & Land Transportation Services Debt-to-Equity Historical Data

The historical data trend for Sea & Land Transportation Services'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.

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Sea & Land Transportation Services Debt-to-Equity Chart

Sea & Land Transportation Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.68

0.54

0.32

0.27

0.34

Sea & Land Transportation Services 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															0.30	0.37	0.32	0.34	0.32

Competitive Comparison of Sea & Land Transportation Services's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Sea & Land Transportation Services'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.

Sea & Land Transportation Services's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sea & Land Transportation Services's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sea & Land Transportation Services's Debt-to-Equity falls into.

Sea & Land Transportation Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sea & Land Transportation Services's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(386.5	+	242.309)	/	1838.089
	=	0.34

Sea & Land Transportation Services's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(375.215	+	231.28)	/	1879.564
	=	0.32

Sea & Land Transportation Services (ROCO:5603) 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.

Sea & Land Transportation Services Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Sea & Land Transportation Services's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Sea & Land Transportation Services (ROCO:5603) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sea & Land Transportation Services Inc (ROCO:5603) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 171-1, Section 2, Datong Road, 12th Floor, Yuzhi District, New Taipei City, TWN

Website

http://www.sea-land.com.tw

Sea & Land Transportation Services Inc is a Taiwan based company primarily engaged in the shipping and transportation industry. It provides in container yard and shipside container haulage services in Taiwan. The entity offers various container transportation services, such as warehousing, heavy machinery haulage, storage, erection and others. The company operates in three segments Transportation , Machinery transportation and hoisting , LPG Station segments. The company derives majority of revenue from Transportation segment.

Sea & Land Transportation Services (ROCO:5603) Headlines

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