GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » High Power Lighting Corp (ROCO:6559) » Definitions » Debt-to-Equity

High Power Lighting (ROCO:6559) Debt-to-Equity : 0.05 (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is High Power Lighting Debt-to-Equity?

High Power Lighting's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$5.55 Mil. High Power Lighting's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$5.67 Mil. High Power Lighting's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$230.29 Mil. High Power Lighting's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

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 High Power Lighting's Debt-to-Equity or its related term are showing as below:

ROCO:6559' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.05   Max: 0.08
Current: 0.05

During the past 11 years, the highest Debt-to-Equity Ratio of High Power Lighting was 0.08. The lowest was 0.02. And the median was 0.05.

ROCO:6559's Debt-to-Equity is ranked better than
84.06% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs ROCO:6559: 0.05

High Power Lighting Debt-to-Equity Historical Data

The historical data trend for High Power Lighting'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.

High Power Lighting Debt-to-Equity Chart

High Power Lighting 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 0.08 0.07 0.05 0.02 0.05

High Power Lighting Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.05 0.03 0.02 0.01 0.05

Competitive Comparison of High Power Lighting's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, High Power Lighting'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.


High Power Lighting's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, High Power Lighting's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where High Power Lighting's Debt-to-Equity falls into.



High Power Lighting Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

High Power Lighting's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

High Power Lighting's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


High Power Lighting  (ROCO:6559) 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.


High Power Lighting Debt-to-Equity Related Terms

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


High Power Lighting (ROCO:6559) Business Description

Traded in Other Exchanges
N/A
Address
Number 173-8, Yongfeng Road, 2nd Floor, Tu Cheng District, New Taipei City, Taipei, TWN, 236
High Power Lighting Corp is involved in packaging, manufacturing, and designing of LED products. The company offers LED Lighting, Specialty UV, and IR Lighting & Plant-Growth Lighting.

High Power Lighting (ROCO:6559) Headlines

No Headlines