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Nanya New Material Technology Co (SHSE:688519) Debt-to-Equity : 0.14 (As of Sep. 2024)


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What is Nanya New Material Technology Co Debt-to-Equity?

Nanya New Material Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥329 Mil. Nanya New Material Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥14 Mil. Nanya New Material Technology Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥2,440 Mil. Nanya New Material Technology Co's debt to equity for the quarter that ended in Sep. 2024 was 0.14.

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

SHSE:688519' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.18   Max: 0.68
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of Nanya New Material Technology Co was 0.68. The lowest was 0.04. And the median was 0.18.

SHSE:688519's Debt-to-Equity is ranked better than
66.84% of 2162 companies
in the Hardware industry
Industry Median: 0.28 vs SHSE:688519: 0.14

Nanya New Material Technology Co Debt-to-Equity Historical Data

The historical data trend for Nanya New Material 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.

Nanya New Material Technology Co Debt-to-Equity Chart

Nanya New Material Technology Co Annual Data
Trend Dec10 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.05 0.11 0.15 0.18

Nanya New Material Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.18 0.18 0.12 0.14

Competitive Comparison of Nanya New Material Technology Co's Debt-to-Equity

For the Electronic Components subindustry, Nanya New Material 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.


Nanya New Material Technology Co's Debt-to-Equity Distribution in the Hardware Industry

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

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



Nanya New Material Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nanya New Material Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Nanya New Material Technology Co's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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.


Nanya New Material Technology Co  (SHSE:688519) 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.


Nanya New Material Technology Co Debt-to-Equity Related Terms

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


Nanya New Material Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 158, Changxiang Road, Nanxiang Town, Jiading District, Shanghai, CHN, 201802
Nanya New Material Technology Co Ltd is engaged in design, development, production and sales of electronic circuit substrates. The company specializes in the production of copper clad foil in China, producing medium and high grade fr-4 epoxy glass fiber cloth copper clad foil laminate, as well as core boards and bonding sheets required for multilayer printed circuit boards. Its products categories include Microwave & RF; High Speed Circuit High Speed Circuit (Very Low Loss); High Speed Circuit (Low Loss); High Speed Circuit(Mid-loss); Automotive; HDI; Halogen-free &Low CTE; Halogen-free &High CTI; Lead Free Compatible; and Conventional. Its products are used in aerospace, automotive electronics, IoT, communication equipment, smart home, industrial control and consumer electronics.
Executives
Chen Xiao Dong Supervisors
Bao Xin Yang senior management
Zhang Dong Directors, senior managers
Geng Hong Bin Director
Jin Jian Zhong Supervisors

Nanya New Material Technology Co Headlines

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