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Whetron Electronics Co (ROCO:6722) Debt-to-Equity : 0.63 (As of Dec. 2023)


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What is Whetron Electronics Co Debt-to-Equity?

Whetron Electronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$581 Mil. Whetron Electronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$649 Mil. Whetron Electronics Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$1,953 Mil. Whetron Electronics Co's debt to equity for the quarter that ended in Dec. 2023 was 0.63.

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 Whetron Electronics Co's Debt-to-Equity or its related term are showing as below:

ROCO:6722' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56   Med: 0.63   Max: 1.1
Current: 0.63

During the past 5 years, the highest Debt-to-Equity Ratio of Whetron Electronics Co was 1.10. The lowest was 0.56. And the median was 0.63.

ROCO:6722's Debt-to-Equity is ranked worse than
59.9% of 1177 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs ROCO:6722: 0.63

Whetron Electronics Co Debt-to-Equity Historical Data

The historical data trend for Whetron Electronics 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.

* Premium members only.

Whetron Electronics Co Debt-to-Equity Chart

Whetron Electronics Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
0.56 0.56 1.06 1.10 0.63

Whetron Electronics Co Semi-Annual Data
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 1.06 0.83 1.10 1.08 0.63

Competitive Comparison of Whetron Electronics Co's Debt-to-Equity

For the Auto Parts subindustry, Whetron Electronics 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.


Whetron Electronics Co's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Whetron Electronics Co's Debt-to-Equity distribution charts can be found below:

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



Whetron Electronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Whetron Electronics Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Whetron Electronics Co'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.


Whetron Electronics Co  (ROCO:6722) 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.


Whetron Electronics Co Debt-to-Equity Related Terms

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


Whetron Electronics Co (ROCO:6722) Business Description

Traded in Other Exchanges
N/A
Address
No. 959, Jhongjheng Road, 5th Floor, Jhonghe District, New Taipei, TWN, 235
Whetron Electronics Co Ltd is a supplier of automobile electronic parts.

Whetron Electronics Co (ROCO:6722) Headlines

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