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Eastern Union Interactive (ROCO:7738) Debt-to-Equity : 0.01 (As of Jun. 2024)


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What is Eastern Union Interactive Debt-to-Equity?

Eastern Union Interactive's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was NT$10.2 Mil. Eastern Union Interactive's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was NT$0.7 Mil. Eastern Union Interactive's Total Stockholders Equity for the quarter that ended in Jun. 2024 was NT$1,115.1 Mil. Eastern Union Interactive's debt to equity for the quarter that ended in Jun. 2024 was 0.01.

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 Eastern Union Interactive's Debt-to-Equity or its related term are showing as below:

ROCO:7738' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.33   Max: 0.43
Current: 0.01

During the past 3 years, the highest Debt-to-Equity Ratio of Eastern Union Interactive was 0.43. The lowest was 0.01. And the median was 0.33.

ROCO:7738's Debt-to-Equity is ranked better than
99.83% of 597 companies
in the Capital Markets industry
Industry Median: 0.3 vs ROCO:7738: 0.01

Eastern Union Interactive Debt-to-Equity Historical Data

The historical data trend for Eastern Union Interactive'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.

Eastern Union Interactive Debt-to-Equity Chart

Eastern Union Interactive Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
0.38 0.43 0.28

Eastern Union Interactive Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
Debt-to-Equity 0.38 0.43 N/A 0.28 0.01

Competitive Comparison of Eastern Union Interactive's Debt-to-Equity

For the Capital Markets subindustry, Eastern Union Interactive'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.

Eastern Union Interactive's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Eastern Union Interactive's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Eastern Union Interactive's Debt-to-Equity falls into.


Eastern Union Interactive Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eastern Union Interactive'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
=(166.686 + 2.109) / 609.503
=0.28

Eastern Union Interactive's Debt to Equity Ratio for the quarter that ended in Jun. 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
=(10.207 + 0.672) / 1115.102
=0.01

* 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.

Eastern Union Interactive  (ROCO:7738) 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.

Eastern Union Interactive Debt-to-Equity Related Terms

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Eastern Union Interactive Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Eastern Union Interactive Corp (ROCO:7738) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
7F-1 , No. 51, Zhongyang Road, Sect. 4, Tucheng District, New Taipei, TWN
Website
Eastern Union Interactive Corp is a Company that offers a safe platform that provides safe and convenient cross-border financial services. Its service scope includes Indonesia, the Philippines, Vietnam, Thailand, etc. which is of positive help in guiding foreign migrant workers to handle remittances through legal channels and thereby establishing inclusive finance. It has obtained a foreign small-amount exchange license for foreign migrant workers in Taiwan. Legal services for foreign migrant workers working in Taiwan, Make cross-border remittances.

Eastern Union Interactive Headlines

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