Texture Maker Enterprise Co (ROCO:6963) Debt-to-Equity : 0.87 (As of Dec. 2024)

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What is Texture Maker Enterprise Co Debt-to-Equity?

Texture Maker Enterprise Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$243.9 Mil. Texture Maker Enterprise Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$72.4 Mil. Texture Maker Enterprise Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$363.2 Mil. Texture Maker Enterprise Co's debt to equity for the quarter that ended in Dec. 2024 was 0.87.

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 Texture Maker Enterprise Co's Debt-to-Equity or its related term are showing as below:

ROCO:6963' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.87 Med: 1.09 Max: 1.21
Current: 0.87

During the past 5 years, the highest Debt-to-Equity Ratio of Texture Maker Enterprise Co was 1.21. The lowest was 0.87. And the median was 1.09.

ROCO:6963's Debt-to-Equity is ranked worse than
75.06% of 1656 companies
in the Consumer Packaged Goods industry
Industry Median: 0.39 vs ROCO:6963: 0.87

Texture Maker Enterprise Co Debt-to-Equity Historical Data

The historical data trend for Texture Maker Enterprise 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.

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Texture Maker Enterprise Co Debt-to-Equity Chart

Texture Maker Enterprise Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

1.08

1.21

1.09

1.13

0.87

Texture Maker Enterprise Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial			1.09	1.33	1.13	1.04	0.87

Competitive Comparison of Texture Maker Enterprise Co's Debt-to-Equity

For the Packaged Foods subindustry, Texture Maker Enterprise 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.

Texture Maker Enterprise Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Texture Maker Enterprise Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Texture Maker Enterprise Co's Debt-to-Equity falls into.

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Texture Maker Enterprise Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Texture Maker Enterprise Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(243.887	+	72.394)	/	363.222
	=	0.87

Texture Maker Enterprise Co's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(243.887	+	72.394)	/	363.222
	=	0.87

Texture Maker Enterprise Co (ROCO:6963) 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.

Texture Maker Enterprise Co Debt-to-Equity Related Terms

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Texture Maker Enterprise Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Texture Maker Enterprise Co Ltd (ROCO:6963) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongzheng E. Road, 28F., No.27-8, Sec. 2, Tamsui District, New Taipei City, TWN, 251

Website

https://www.texturemaker.com.tw

Texture Maker Enterprise Co Ltd is a is a food ingredient R&D center and also a premix manufacturer. It is engaged in developing innovative food textures and includes three categories Bakery, Beverage, and food texture. Its bakery products include Mochi bread mix, Mojo Mix, Purple yam bread mix, etc. Beverage products include vegan non-dairy creamer, Non-dairy creamer, Banana beverage powder, etc. Food texture products include Korean-style dipping sauce, Japanese-style fried chicken mix, Fried seafood coating mix etc.

Texture Maker Enterprise Co Headlines

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