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Genesis Technology (ROCO:6221) Debt-to-Equity : 0.13 (As of Jun. 2024)


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What is Genesis Technology Debt-to-Equity?

Genesis Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was NT$257 Mil. Genesis Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was NT$117 Mil. Genesis Technology's Total Stockholders Equity for the quarter that ended in Jun. 2024 was NT$2,897 Mil. Genesis Technology's debt to equity for the quarter that ended in Jun. 2024 was 0.13.

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

ROCO:6221' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.78   Max: 1.3
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Genesis Technology was 1.30. The lowest was 0.13. And the median was 0.78.

ROCO:6221's Debt-to-Equity is ranked better than
59.96% of 2218 companies
in the Software industry
Industry Median: 0.21 vs ROCO:6221: 0.13

Genesis Technology Debt-to-Equity Historical Data

The historical data trend for Genesis 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.

Genesis Technology Debt-to-Equity Chart

Genesis Technology 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 0.93 0.60 0.47 0.50 0.48

Genesis Technology Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.48 0.48 0.48 0.37 0.13

Competitive Comparison of Genesis Technology's Debt-to-Equity

For the Information Technology Services subindustry, Genesis 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.


Genesis Technology's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Genesis Technology's Debt-to-Equity distribution charts can be found below:

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



Genesis Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Genesis Technology's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Genesis Technology  (ROCO:6221) 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.


Genesis Technology Debt-to-Equity Related Terms

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


Genesis Technology Business Description

Traded in Other Exchanges
N/A
Address
7F, No.289 Kuang-Fu Road, Section 2, Hsinchu, TWN, 30071
Genesis Technology Inc provides business information software services to various enterprises in Taiwan. It offers systems integration technology and information management solutions, systems integration solutions, and software development services.

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