M-Power Information Co (ROCO:6874) Debt-to-Equity : 0.85 (As of Mar. 2024)

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What is M-Power Information Co Debt-to-Equity?

M-Power Information Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$419 Mil. M-Power Information Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$22 Mil. M-Power Information Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$517 Mil. M-Power Information Co's debt to equity for the quarter that ended in Mar. 2024 was 0.85.

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 M-Power Information Co's Debt-to-Equity or its related term are showing as below:

ROCO:6874' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.69 Max: 1.46
Current: 0.85

During the past 5 years, the highest Debt-to-Equity Ratio of M-Power Information Co was 1.46. The lowest was 0.22. And the median was 0.69.

ROCO:6874's Debt-to-Equity is ranked worse than
83.07% of 2203 companies
in the Software industry
Industry Median: 0.2 vs ROCO:6874: 0.85

M-Power Information Co Debt-to-Equity Historical Data

The historical data trend for M-Power Information 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.

M-Power Information Co Debt-to-Equity Chart

M-Power Information Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.24

0.42

0.22

0.37

0.29

M-Power Information Co Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial											0.53	0.84	0.69	0.29	0.85

Competitive Comparison of M-Power Information Co's Debt-to-Equity

For the Software - Application subindustry, M-Power Information 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.

M-Power Information Co's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, M-Power Information Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where M-Power Information Co's Debt-to-Equity falls into.

M-Power Information Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

M-Power Information 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
	=	(113.683	+	26.865)	/	486.383
	=	0.29

M-Power Information Co's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(418.715	+	22.202)	/	517.219
	=	0.85

M-Power Information Co (ROCO:6874) 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.

M-Power Information Co Debt-to-Equity Related Terms

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M-Power Information Co (ROCO:6874) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » M-Power Information Co Ltd (ROCO:6874) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Renai Road, 12th Floor, No. 85, Section 4, Daan District, Taipei, TWN

Website

https://www.mpinfo.com.tw

M-Power Information Co Ltd is a software integration service company. It is engaged in the wholesale and retail of information software, and corresponding professional consultancy services, education and training, and technical services.

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