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Ableprint Technology Co (ROCO:7734) Debt-to-Equity : 0.26 (As of Dec. 2023)


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What is Ableprint Technology Co Debt-to-Equity?

Ableprint Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$80 Mil. Ableprint Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$496 Mil. Ableprint Technology Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$2,182 Mil. Ableprint Technology Co's debt to equity for the quarter that ended in Dec. 2023 was 0.26.

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

ROCO:7734' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21   Med: 0.26   Max: 0.32
Current: 0.26

During the past 5 years, the highest Debt-to-Equity Ratio of Ableprint Technology Co was 0.32. The lowest was 0.21. And the median was 0.26.

ROCO:7734's Debt-to-Equity is ranked better than
62.75% of 349 companies
in the Packaging & Containers industry
Industry Median: 0.43 vs ROCO:7734: 0.26

Ableprint Technology Co Debt-to-Equity Historical Data

The historical data trend for Ableprint Technology 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.

Ableprint Technology Co Debt-to-Equity Chart

Ableprint Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
0.27 0.32 0.22 0.21 0.26

Ableprint Technology Co Quarterly Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial 0.22 N/A 0.21 0.30 0.26

Competitive Comparison of Ableprint Technology Co's Debt-to-Equity

For the Packaging & Containers subindustry, Ableprint Technology 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.

Ableprint Technology Co's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ableprint Technology Co's Debt-to-Equity distribution charts can be found below:

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


Ableprint Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ableprint Technology 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
=(79.694 + 496.181) / 2181.849
=0.26

Ableprint Technology Co'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
=(79.694 + 496.181) / 2181.849
=0.26

* 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.

Ableprint Technology Co  (ROCO:7734) 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.

Ableprint Technology Co Debt-to-Equity Related Terms

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Ableprint Technology Co (ROCO:7734) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ableprint Technology Co Ltd (ROCO:7734) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 173, Dahu Road, Xiangshan District, Hsinchu, TWN, 300110
Website
http://www.ableprint.com.tw
Ableprint Technology Co Ltd is a company that provides solutions to advanced packaging process problems as an entry into the entrepreneurial market, provide a complete set of systems to solve problems and reduce manufacturing costs.

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