Igiant Optics Co (ROCO:6915) Debt-to-Equity : 0.06 (As of Jun. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Igiant Optics Co Debt-to-Equity?

Igiant Optics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was NT$16.5 Mil. Igiant Optics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was NT$4.9 Mil. Igiant Optics Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was NT$357.2 Mil. Igiant Optics Co's debt to equity for the quarter that ended in Jun. 2024 was 0.06.

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

ROCO:6915' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.66 Med: 0.07 Max: 1.74
Current: 0.06

During the past 6 years, the highest Debt-to-Equity Ratio of Igiant Optics Co was 1.74. The lowest was -1.66. And the median was 0.07.

ROCO:6915's Debt-to-Equity is ranked better than
77.32% of 882 companies
in the Semiconductors industry
Industry Median: 0.27 vs ROCO:6915: 0.06

Igiant Optics Co Debt-to-Equity Historical Data

The historical data trend for Igiant Optics 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.

Igiant Optics Co Debt-to-Equity Chart

Igiant Optics Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

-1.66

1.74

0.07

0.05

Igiant Optics Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial				0.07	0.05	0.11	0.05	0.06

Competitive Comparison of Igiant Optics Co's Debt-to-Equity

For the Semiconductors subindustry, Igiant Optics 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.

Igiant Optics Co's Debt-to-Equity Distribution in the Semiconductors Industry

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

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

Igiant Optics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Igiant Optics 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
	=	(10.644	+	6.812)	/	334.871
	=	0.05

Igiant Optics Co'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
	=	(16.517	+	4.851)	/	357.186
	=	0.06

Igiant Optics Co (ROCO:6915) 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.

Igiant Optics Co Debt-to-Equity Related Terms

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

Igiant Optics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Igiant Optics Co Ltd (ROCO:6915) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 13-1, Zhonghua Road, Hukou Township, Hsinchu, TWN, 303

Website

https://www.igiantopt.com

Igiant Optics Co Ltd is an optical design and manufacturing company. It offers precision micro molding on parts, Dual shot molding & insert molding, Micro molding on composites, LDS (Laser Direct Structuring), LF, LSR (Liquid Silicone Rubber), and Optical solution. Its service offerings comprise optical design, tool fabrication, precision injection, automation to full-scale inspection.

Igiant Optics Co Headlines

No Headlines