Hui Min Environmental Tech (ROCO:6971) Debt-to-Equity : 1.63 (As of Dec. 2024)

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What is Hui Min Environmental Tech Debt-to-Equity?

Hui Min Environmental Tech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$940 Mil. Hui Min Environmental Tech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$256 Mil. Hui Min Environmental Tech's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$734 Mil. Hui Min Environmental Tech's debt to equity for the quarter that ended in Dec. 2024 was 1.63.

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 Hui Min Environmental Tech's Debt-to-Equity or its related term are showing as below:

ROCO:6971' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.91 Med: 1.23 Max: 1.63
Current: 1.63

During the past 4 years, the highest Debt-to-Equity Ratio of Hui Min Environmental Tech was 1.63. The lowest was 0.91. And the median was 1.23.

ROCO:6971's Debt-to-Equity is ranked worse than
95.26% of 2618 companies
in the Industrial Products industry
Industry Median: 0.28 vs ROCO:6971: 1.63

Hui Min Environmental Tech Debt-to-Equity Historical Data

The historical data trend for Hui Min Environmental Tech'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.

Hui Min Environmental Tech Debt-to-Equity Chart

Hui Min Environmental Tech Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

0.91

1.19

1.28

1.63

Hui Min Environmental Tech Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial			1.19	1.58	1.28	1.68	1.63

Competitive Comparison of Hui Min Environmental Tech's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Hui Min Environmental Tech'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.

Hui Min Environmental Tech's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hui Min Environmental Tech's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hui Min Environmental Tech's Debt-to-Equity falls into.

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Hui Min Environmental Tech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hui Min Environmental Tech'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
	=	(940.308	+	256.188)	/	733.895
	=	1.63

Hui Min Environmental Tech'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
	=	(940.308	+	256.188)	/	733.895
	=	1.63

Hui Min Environmental Tech (ROCO:6971) 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.

Hui Min Environmental Tech Debt-to-Equity Related Terms

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

Hui Min Environmental Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hui Min Environmental Tech Corp (ROCO:6971) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Minsheng E. Road, 1F., No. 5, Aly. 2, Ln. 69, Sec. 5, Songshan District, Taipei City, TWN, 105

Website

http://www.huimin.com.tw

Hui Min Environmental Tech Corp is an environmental protection engineering construction company. It is engaged in the environmental protection business and provides environmental engineering and related professional and technical services and also includes equipment manufacturing, sales of constructions, and operational maintenance of government contracts.

Hui Min Environmental Tech Headlines

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