Optowide Technologies Co (SHSE:688195) Debt-to-Equity : 0.16 (As of Dec. 2024)

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What is Optowide Technologies Co Debt-to-Equity?

Optowide Technologies Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ¥102.7 Mil. Optowide Technologies Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ¥42.8 Mil. Optowide Technologies Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ¥921.4 Mil. Optowide Technologies Co's debt to equity for the quarter that ended in Dec. 2024 was 0.16.

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

SHSE:688195' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.07 Max: 0.32
Current: 0.16

During the past 8 years, the highest Debt-to-Equity Ratio of Optowide Technologies Co was 0.32. The lowest was 0.02. And the median was 0.07.

SHSE:688195's Debt-to-Equity is ranked better than
64.11% of 2165 companies
in the Hardware industry
Industry Median: 0.28 vs SHSE:688195: 0.16

Optowide Technologies Co Debt-to-Equity Historical Data

The historical data trend for Optowide Technologies 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.

Optowide Technologies Co Debt-to-Equity Chart

Optowide Technologies Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.32

0.07

0.02

0.08

0.16

Optowide Technologies Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.17	0.16	0.17	0.16

Competitive Comparison of Optowide Technologies Co's Debt-to-Equity

For the Communication Equipment subindustry, Optowide Technologies 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.

Optowide Technologies Co's Debt-to-Equity Distribution in the Hardware Industry

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

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

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Optowide Technologies Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Optowide Technologies Co'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
	=	(102.68	+	42.752)	/	921.357
	=	0.16

Optowide Technologies Co'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
	=	(102.68	+	42.752)	/	921.357
	=	0.16

Optowide Technologies Co (SHSE:688195) 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.

Optowide Technologies Co Debt-to-Equity Related Terms

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Optowide Technologies Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Optowide Technologies Co Ltd (SHSE:688195) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Chashan Road, Mawei Science and Technology Park, 5th Floor, 3rd Floor, Building B, Building No 1, Fujian Province, Fuzhou, CHN, 350015

Website

http://www.optowide.com

Optowide Technologies Co Ltd is engaged in the production and sales of various types of precision optical components and optical fiber devices. The products are mainly used in optical communications, fiber lasers and other fields. Other application fields include quantum information scientific research, biomedicine, consumer optics and others.

Executives

Yan Yi Chong	Director
Liu Yi	senior management
Wu You Qin	Directors, senior managers

Optowide Technologies Co Headlines

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