AFASTOR (ROCO:6707) Debt-to-Equity : 2.89 (As of Jun. 2024)

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What is AFASTOR Debt-to-Equity?

AFASTOR's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was NT$1,988 Mil. AFASTOR's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was NT$576 Mil. AFASTOR's Total Stockholders Equity for the quarter that ended in Jun. 2024 was NT$886 Mil. AFASTOR's debt to equity for the quarter that ended in Jun. 2024 was 2.89.

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

ROCO:6707' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.57 Med: 2.89 Max: 3.84
Current: 2.89

During the past 7 years, the highest Debt-to-Equity Ratio of AFASTOR was 3.84. The lowest was 2.57. And the median was 2.89.

ROCO:6707's Debt-to-Equity is ranked worse than
91.14% of 1004 companies
in the Retail - Cyclical industry
Industry Median: 0.6 vs ROCO:6707: 2.89

AFASTOR Debt-to-Equity Historical Data

The historical data trend for AFASTOR'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.

AFASTOR Debt-to-Equity Chart

AFASTOR Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.17

3.21

2.66

2.63

2.96

AFASTOR Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial									2.72	2.63	2.57	2.96	2.89

Competitive Comparison of AFASTOR's Debt-to-Equity

For the Specialty Retail subindustry, AFASTOR'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.

AFASTOR's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, AFASTOR's Debt-to-Equity distribution charts can be found below:

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

AFASTOR Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AFASTOR'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
	=	(1954.555	+	568.862)	/	853.442
	=	2.96

AFASTOR's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(1987.916	+	575.603)	/	885.976
	=	2.89

AFASTOR (ROCO:6707) 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.

AFASTOR Debt-to-Equity Related Terms

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

AFASTOR Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » AFASTOR Corp (ROCO:6707) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 48, Nangang Road, 10th Floor, Section 3, Nangang District, Taipei, TWN, 11510

Website

https://www.afastor.com.tw

AFASTOR Corp is engaged in the business of storage devices, computer electronic peripheral equipment and other electronic products.

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