Wanshih Electronics Co (ROCO:6134) Debt-to-Equity : 0.40 (As of Sep. 2024)

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What is Wanshih Electronics Co Debt-to-Equity?

Wanshih Electronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$301 Mil. Wanshih Electronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$26 Mil. Wanshih Electronics Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$811 Mil. Wanshih Electronics Co's debt to equity for the quarter that ended in Sep. 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 Wanshih Electronics Co's Debt-to-Equity or its related term are showing as below:

ROCO:6134' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.44 Max: 0.74
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of Wanshih Electronics Co was 0.74. The lowest was 0.22. And the median was 0.44.

ROCO:6134's Debt-to-Equity is ranked worse than
60.15% of 2163 companies
in the Hardware industry
Industry Median: 0.29 vs ROCO:6134: 0.40

Wanshih Electronics Co Debt-to-Equity Historical Data

The historical data trend for Wanshih Electronics 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.

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Wanshih Electronics Co Debt-to-Equity Chart

Wanshih Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.36

0.33

0.35

0.67

0.44

Wanshih Electronics Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.48	0.44	0.43	0.44	0.40

Competitive Comparison of Wanshih Electronics Co's Debt-to-Equity

For the Communication Equipment subindustry, Wanshih Electronics 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.

Wanshih Electronics Co's Debt-to-Equity Distribution in the Hardware Industry

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

* The bar in red indicates where Wanshih Electronics Co's Debt-to-Equity falls into.

Wanshih Electronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wanshih Electronics Co'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
	=	(93.419	+	227.799)	/	727.72
	=	0.44

Wanshih Electronics Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(300.578	+	25.859)	/	811.292
	=	0.40

Wanshih Electronics Co (ROCO:6134) 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.

Wanshih Electronics Co Debt-to-Equity Related Terms

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Wanshih Electronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wanshih Electronics Co Ltd (ROCO:6134) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

No. 72, Wugong 6th Road, 3rd Floor, Industrial Zone, Wugu District, Taipei, TWN, 248

Website

https://www.wanshih.com.tw

Wanshih Electronics Co Ltd is mainly engaged in the sales of electronic components, computer and peripheral products, and the production and sale of mini coaxial cables. The company operates in three segments which are Wire Harness Division, China Division, and others. Its Wire Harness Division and China Division manufacture security, medical, and automobile cables by using precision processing technology, and combine high frequency, medical electronics, and 5G millimeter wave radar technologies to shorten the production time and to develop the market of precision high-frequency wireless communication and radar modules.

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