GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shuang-Bang Industrial Corp (ROCO:6506) » Definitions » Debt-to-Equity

Shuang-Bang Industrial (ROCO:6506) Debt-to-Equity : 0.73 (As of Dec. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Shuang-Bang Industrial Debt-to-Equity?

Shuang-Bang Industrial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$262 Mil. Shuang-Bang Industrial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$650 Mil. Shuang-Bang Industrial's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$1,253 Mil. Shuang-Bang Industrial's debt to equity for the quarter that ended in Dec. 2024 was 0.73.

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 Shuang-Bang Industrial's Debt-to-Equity or its related term are showing as below:

ROCO:6506' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32   Med: 0.63   Max: 0.78
Current: 0.73

During the past 13 years, the highest Debt-to-Equity Ratio of Shuang-Bang Industrial was 0.78. The lowest was 0.32. And the median was 0.63.

ROCO:6506's Debt-to-Equity is ranked worse than
73.58% of 1393 companies
in the Chemicals industry
Industry Median: 0.36 vs ROCO:6506: 0.73

Shuang-Bang Industrial Debt-to-Equity Historical Data

The historical data trend for Shuang-Bang Industrial'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.

Shuang-Bang Industrial Debt-to-Equity Chart

Shuang-Bang Industrial 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 0.65 0.69 0.52 0.78 0.73

Shuang-Bang Industrial Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.78 0.81 0.76 0.74 0.73

Competitive Comparison of Shuang-Bang Industrial's Debt-to-Equity

For the Specialty Chemicals subindustry, Shuang-Bang Industrial'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.


Shuang-Bang Industrial's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shuang-Bang Industrial's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shuang-Bang Industrial's Debt-to-Equity falls into.


;
;

Shuang-Bang Industrial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shuang-Bang Industrial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Shuang-Bang Industrial'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.


Shuang-Bang Industrial  (ROCO:6506) 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.


Shuang-Bang Industrial Debt-to-Equity Related Terms

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


Shuang-Bang Industrial Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Yongsing Road, Nankang Industrial District, Nantou City, TWN, 540
Shuang-Bang Industrial Corp is engaged in the manufacturing of PU resin for shoes, coating and lamination, hardener, and Thermoplastic Polyurethane (TPU) as well as the sales of photoinitiators.

Shuang-Bang Industrial Headlines

No Headlines