Fluxtek International (ROCO:7443) Debt-to-Equity : 1.08 (As of Dec. 2023)

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What is Fluxtek International Debt-to-Equity?

Fluxtek International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$67.4 Mil. Fluxtek International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$168.0 Mil. Fluxtek International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$217.7 Mil. Fluxtek International's debt to equity for the quarter that ended in Dec. 2023 was 1.08.

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 Fluxtek International's Debt-to-Equity or its related term are showing as below:

ROCO:7443' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51 Med: 1.12 Max: 1.52
Current: 1.08

During the past 11 years, the highest Debt-to-Equity Ratio of Fluxtek International was 1.52. The lowest was 0.51. And the median was 1.12.

ROCO:7443's Debt-to-Equity is ranked worse than
88.12% of 2626 companies
in the Industrial Products industry
Industry Median: 0.28 vs ROCO:7443: 1.08

Fluxtek International Debt-to-Equity Historical Data

The historical data trend for Fluxtek International'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.

Fluxtek International Debt-to-Equity Chart

Fluxtek International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.07

1.52

1.38

1.08

Fluxtek International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.52	1.49	1.38	1.25	1.08

Competitive Comparison of Fluxtek International's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Fluxtek International'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.

Fluxtek International's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fluxtek International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fluxtek International's Debt-to-Equity falls into.

Fluxtek International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fluxtek International'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
	=	(67.399	+	168.004)	/	217.661
	=	1.08

Fluxtek International'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
	=	(67.399	+	168.004)	/	217.661
	=	1.08

Fluxtek International (ROCO:7443) 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.

Fluxtek International Debt-to-Equity Related Terms

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Fluxtek International (ROCO:7443) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fluxtek International Corp (ROCO:7443) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.21, Jingjian Road, Qianjinli, Pingtung, TWN, 90093

Website

https://www.fluxtek.com

Fluxtek International Corp is a whole seller and retailer of water purifiers and related components. It is engaged in manufacturing water treatment systems such as water purification equipment and filters. The company's products include Hd-50 Technical Filter, Leak Detector, 5 in 1 Housing Wrench, and others.

Fluxtek International (ROCO:7443) Headlines

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