Phison Electronics (ROCO:8299) Debt-to-Equity : 0.28 (As of Mar. 2024)

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What is Phison Electronics Debt-to-Equity?

Phison Electronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$7,305 Mil. Phison Electronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$5,707 Mil. Phison Electronics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$46,538 Mil. Phison Electronics's debt to equity for the quarter that ended in Mar. 2024 was 0.28.

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 Phison Electronics's Debt-to-Equity or its related term are showing as below:

ROCO:8299' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.28
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of Phison Electronics was 0.28. The lowest was 0.00. And the median was 0.03.

ROCO:8299's Debt-to-Equity is ranked better than
51.62% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs ROCO:8299: 0.28

Phison Electronics Debt-to-Equity Historical Data

The historical data trend for Phison Electronics'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.

Phison Electronics Debt-to-Equity Chart

Phison Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.05

0.11

0.10

0.14

Phison Electronics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.10	0.10	0.10	0.14	0.28

Competitive Comparison of Phison Electronics's Debt-to-Equity

For the Computer Hardware subindustry, Phison Electronics'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.

Phison Electronics's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Phison Electronics's Debt-to-Equity distribution charts can be found below:

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

Phison Electronics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Phison Electronics'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
	=	(5669.626	+	172.244)	/	42788.153
	=	0.14

Phison Electronics's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(7304.992	+	5707.465)	/	46537.677
	=	0.28

Phison Electronics (ROCO:8299) 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.

Phison Electronics Debt-to-Equity Related Terms

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

Phison Electronics (ROCO:8299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Phison Electronics Corp (ROCO:8299) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fuxing 1st Street, 10F-6, No.251, Zhubei City, Hsinchu County, TWN, 302

Website

https://www.phison.com

Phison Electronics Corp is a Taiwan-based company engaged in designing and manufacturing flash memory controllers and peripheral system applications. Its product portfolio includes Flash memory module products, Controllers, Integrated circuits, and Others. Geographically company has a presence in Asia, America, Europe, Australia, and Others in which key revenue is derived from Asia.

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