TPV Technology Co (SZSE:000727) Debt-to-Equity : 2.68 (As of Mar. 2024)

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What is TPV Technology Co Debt-to-Equity?

TPV Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥7,956 Mil. TPV Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥202 Mil. TPV Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,046 Mil. TPV Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 2.68.

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

SZSE:000727' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.58 Med: 1.29 Max: 4.54
Current: 2.68

During the past 13 years, the highest Debt-to-Equity Ratio of TPV Technology Co was 4.54. The lowest was 0.58. And the median was 1.29.

SZSE:000727's Debt-to-Equity is ranked worse than
97.67% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs SZSE:000727: 2.68

TPV Technology Co Debt-to-Equity Historical Data

The historical data trend for TPV 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.

TPV Technology Co Debt-to-Equity Chart

TPV Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.38

2.47

3.32

2.84

2.01

TPV Technology Co 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															3.45	1.97	2.22	2.01	2.68

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

For the Electronic Components subindustry, TPV 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.

TPV Technology Co's Debt-to-Equity Distribution in the Hardware Industry

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

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

TPV Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TPV 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
	=	(4876.784	+	987.948)	/	2918.94
	=	2.01

TPV Technology Co'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
	=	(7956.35	+	202.409)	/	3046.368
	=	2.68

TPV Technology Co (SZSE:000727) 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.

TPV Technology Co Debt-to-Equity Related Terms

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

TPV Technology Co (SZSE:000727) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TPV Technology Co Ltd (SZSE:000727) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 7, Tianyou Road, Qixia District, Jiangsu Province, Nanjing, CHN, 210033

Website

http://www.tpv-tech.com

TPV Technology Co Ltd is engaged in electronics manufacturing-related industries. It is mainly engaged in flat panel display, touch display, quartz crystal, magnetic materials and power supply, vacuum electronics industries. Its products include TFT-LCD, touch screen, LCD, and display modules; crystal oscillators, resonators, filters, and other components; magnetic powder, magnetic core, power supply, microwave, and other components. The company has several production bases in Jiangsu Nanjing, Guangdong Shenzhen, Hebei Langfang, and the marketing and service system cover the global mainstream market.

Executives

Si Yun Cong	Director
Zhang Yin Qian	Supervisors
Xu Qing	Supervisors
He Guan He	Executives
Zhao Jing Cheng	Director
Yang Guo Zhu	Director
Chen Zong Mei	Executives
Zhang Yin Tao	Director

TPV Technology Co (SZSE:000727) Headlines

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