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Dimerco Express (ROCO:5609) Debt-to-Equity : 0.10 (As of Mar. 2024)


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What is Dimerco Express Debt-to-Equity?

Dimerco Express's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$390 Mil. Dimerco Express's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$160 Mil. Dimerco Express's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$5,443 Mil. Dimerco Express's debt to equity for the quarter that ended in Mar. 2024 was 0.10.

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 Dimerco Express's Debt-to-Equity or its related term are showing as below:

ROCO:5609' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09   Med: 0.35   Max: 0.49
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Dimerco Express was 0.49. The lowest was 0.09. And the median was 0.35.

ROCO:5609's Debt-to-Equity is ranked better than
88.91% of 884 companies
in the Transportation industry
Industry Median: 0.55 vs ROCO:5609: 0.10

Dimerco Express Debt-to-Equity Historical Data

The historical data trend for Dimerco Express'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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Dimerco Express Debt-to-Equity Chart

Dimerco Express 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 0.49 0.39 0.23 0.14 0.09

Dimerco Express 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 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 0.17 0.14 0.09 0.09 0.10

Competitive Comparison of Dimerco Express's Debt-to-Equity

For the Airports & Air Services subindustry, Dimerco Express'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.


Dimerco Express's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Dimerco Express's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dimerco Express's Debt-to-Equity falls into.



Dimerco Express Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dimerco Express's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dimerco Express's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Dimerco Express  (ROCO:5609) 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.


Dimerco Express Debt-to-Equity Related Terms

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Dimerco Express (ROCO:5609) Business Description

Traded in Other Exchanges
N/A
Address
11th Floor, No.160, Sector 6, Min Chuan East Road, Taipei, TWN
Dimerco Express Corp provides air freight forwarding, ocean freight forwarding, and customs brokerage service, and related investing activities. Its segments include the Asia department, America department, and Europe department. The majority of the revenue is derived from the Asia department segment.

Dimerco Express (ROCO:5609) Headlines

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