Oriental System Technology (ROCO:6819) Debt-to-Equity : 0.71 (As of Dec. 2023)

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What is Oriental System Technology Debt-to-Equity?

Oriental System Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$56.6 Mil. Oriental System Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$102.0 Mil. Oriental System Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$222.4 Mil. Oriental System Technology's debt to equity for the quarter that ended in Dec. 2023 was 0.71.

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 Oriental System Technology's Debt-to-Equity or its related term are showing as below:

ROCO:6819' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.26 Max: 0.71
Current: 0.71

During the past 7 years, the highest Debt-to-Equity Ratio of Oriental System Technology was 0.71. The lowest was 0.01. And the median was 0.26.

ROCO:6819's Debt-to-Equity is ranked worse than
79.61% of 873 companies
in the Semiconductors industry
Industry Median: 0.27 vs ROCO:6819: 0.71

Oriental System Technology Debt-to-Equity Historical Data

The historical data trend for Oriental System Technology'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.

Oriental System Technology Debt-to-Equity Chart

Oriental System Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.02

0.04

0.49

0.63

0.71

Oriental System Technology Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.49	0.71	0.63	0.64	0.71

Competitive Comparison of Oriental System Technology's Debt-to-Equity

For the Semiconductors subindustry, Oriental System Technology'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.

Oriental System Technology's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Oriental System Technology's Debt-to-Equity distribution charts can be found below:

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

Oriental System Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oriental System Technology'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
	=	(56.617	+	102.02)	/	222.389
	=	0.71

Oriental System Technology'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
	=	(56.617	+	102.02)	/	222.389
	=	0.71

Oriental System Technology (ROCO:6819) 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.

Oriental System Technology Debt-to-Equity Related Terms

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Oriental System Technology (ROCO:6819) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Oriental System Technology Inc (ROCO:6819) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 25, Industry E. 9th Road, 2nd Floor, Hsinchu Science Park, Hsinchu, TWN, 30075

Website

https://www.orisystech.com

Oriental System Technology Inc is engaged in the manufacturing of sensors. The product portfolio includes thermopile sensor, NDIR gas sensor, and optoelectronic components.

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