Wonder Pets Enterprises (ROCO:6968) Debt-to-Equity : 2.30 (As of Dec. 2023)

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What is Wonder Pets Enterprises Debt-to-Equity?

Wonder Pets Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$331 Mil. Wonder Pets Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$1,089 Mil. Wonder Pets Enterprises's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$617 Mil. Wonder Pets Enterprises's debt to equity for the quarter that ended in Dec. 2023 was 2.30.

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 Wonder Pets Enterprises's Debt-to-Equity or its related term are showing as below:

ROCO:6968' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.3 Med: 3.39 Max: 3.62
Current: 2.3

During the past 4 years, the highest Debt-to-Equity Ratio of Wonder Pets Enterprises was 3.62. The lowest was 2.30. And the median was 3.39.

ROCO:6968's Debt-to-Equity is ranked worse than
94.5% of 1654 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs ROCO:6968: 2.30

Wonder Pets Enterprises Debt-to-Equity Historical Data

The historical data trend for Wonder Pets Enterprises'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.

Wonder Pets Enterprises Debt-to-Equity Chart

Wonder Pets Enterprises Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

3.62

3.36

3.42

2.30

Wonder Pets Enterprises Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			3.36	N/A	3.42	3.10	2.30

Competitive Comparison of Wonder Pets Enterprises's Debt-to-Equity

For the Packaged Foods subindustry, Wonder Pets Enterprises'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.

Wonder Pets Enterprises's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wonder Pets Enterprises's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Wonder Pets Enterprises's Debt-to-Equity falls into.

Wonder Pets Enterprises Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wonder Pets Enterprises'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
	=	(331.118	+	1089.442)	/	616.701
	=	2.30

Wonder Pets Enterprises'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
	=	(331.118	+	1089.442)	/	616.701
	=	2.30

Wonder Pets Enterprises (ROCO:6968) 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.

Wonder Pets Enterprises Debt-to-Equity Related Terms

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Wonder Pets Enterprises (ROCO:6968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wonder Pets Enterprises Corp (ROCO:6968) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 F.-3, No. 23, Sector 1, Chang'an East Road, Zhongshan District, Taipei, TWN, 104403

Website

https://www.wonderpet.asia

Wonder Pets Enterprises Corp is a company providing pet products, channels, and services. The company under various brand names through which it sells its products such as pet park, Kaido pet, fur kids market and Cat and Dog Captain.

Wonder Pets Enterprises (ROCO:6968) Headlines

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