Ace Edulink Co (ROCO:6764) Debt-to-Equity : 0.60 (As of Dec. 2023)

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What is Ace Edulink Co Debt-to-Equity?

Ace Edulink Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$145 Mil. Ace Edulink Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$186 Mil. Ace Edulink Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$557 Mil. Ace Edulink Co's debt to equity for the quarter that ended in Dec. 2023 was 0.60.

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

ROCO:6764' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.39 Max: 0.6
Current: 0.6

During the past 8 years, the highest Debt-to-Equity Ratio of Ace Edulink Co was 0.60. The lowest was 0.03. And the median was 0.39.

ROCO:6764's Debt-to-Equity is ranked worse than
62.95% of 224 companies
in the Education industry
Industry Median: 0.345 vs ROCO:6764: 0.60

Ace Edulink Co Debt-to-Equity Historical Data

The historical data trend for Ace Edulink 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.

Ace Edulink Co Debt-to-Equity Chart

Ace Edulink Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.38

0.39

0.43

0.60

Ace Edulink Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.39	0.43	0.43	0.45	0.60

Competitive Comparison of Ace Edulink Co's Debt-to-Equity

For the Education & Training Services subindustry, Ace Edulink 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.

Ace Edulink Co's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Ace Edulink Co's Debt-to-Equity distribution charts can be found below:

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

Ace Edulink Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ace Edulink 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
	=	(145.492	+	186.242)	/	557.14
	=	0.60

Ace Edulink Co's Debt to Equity Ratio for the quarter 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
	=	(145.492	+	186.242)	/	557.14
	=	0.60

Ace Edulink Co (ROCO:6764) 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.

Ace Edulink Co Debt-to-Equity Related Terms

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Ace Edulink Co (ROCO:6764) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Ace Edulink Co Ltd (ROCO:6764) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 609, Section 5, Re-Route, 10th Floor, No. 4, Sanchong District, New Taipei, TWN

Website

http://www.ace-edulink.com

Ace Edulink Co Ltd offers educational services. It provides physical tutoring, scientific assessment system, teaching resource sharing platform, and administrative management system.

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