Group Up Industrial Co (ROCO:6664) Debt-to-Equity : 0.03 (As of Sep. 2024)

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What is Group Up Industrial Co Debt-to-Equity?

Group Up Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$105 Mil. Group Up Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$7 Mil. Group Up Industrial Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$3,347 Mil. Group Up Industrial Co's debt to equity for the quarter that ended in Sep. 2024 was 0.03.

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 Group Up Industrial Co's Debt-to-Equity or its related term are showing as below:

ROCO:6664' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.15 Max: 0.24
Current: 0.03

During the past 11 years, the highest Debt-to-Equity Ratio of Group Up Industrial Co was 0.24. The lowest was 0.01. And the median was 0.15.

ROCO:6664's Debt-to-Equity is ranked better than
89.95% of 2617 companies
in the Industrial Products industry
Industry Median: 0.29 vs ROCO:6664: 0.03

Group Up Industrial Co Debt-to-Equity Historical Data

The historical data trend for Group Up Industrial 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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Group Up Industrial Co Debt-to-Equity Chart

Group Up Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.05

0.19

0.15

0.21

0.08

Group Up Industrial 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															0.09	0.08	0.09	0.04	0.03

Competitive Comparison of Group Up Industrial Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Group Up Industrial 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.

Group Up Industrial Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Group Up Industrial Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Group Up Industrial Co's Debt-to-Equity falls into.

Group Up Industrial Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Group Up Industrial 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
	=	(3.871	+	242.209)	/	2980.926
	=	0.08

Group Up Industrial 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
	=	(104.634	+	6.746)	/	3346.891
	=	0.03

Group Up Industrial Co (ROCO:6664) 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.

Group Up Industrial Co Debt-to-Equity Related Terms

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Group Up Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Group Up Industrial Co Ltd (ROCO:6664) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 188, Heping Road, Yangmei District, Taoyuan, TWN, 326

Website

https://www.gpline.com.tw/index_en.php

Group Up Industrial Co Ltd is focused on the fields of hot air, infrared, ultraviolet, exposure, coating, roll-to-roll automation, and line integration. The company engaged in the manufacturing and trading of general boxed-shaped equipment for drying, preheating, and curing, automatic conveyor hot air ovens, IR drying ovens, as well as dust-free and explosion-proof vacuum oven. The company derives maximum revenue from China.

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