Lien Hwa Industrial Holding (TPE:1229) Debt-to-Equity : 0.26 (As of Mar. 2024)

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What is Lien Hwa Industrial Holding Debt-to-Equity?

Lien Hwa Industrial Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$8,925 Mil. Lien Hwa Industrial Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$3,651 Mil. Lien Hwa Industrial Holding's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$48,058 Mil. Lien Hwa Industrial Holding's debt to equity for the quarter that ended in Mar. 2024 was 0.26.

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 Lien Hwa Industrial Holding's Debt-to-Equity or its related term are showing as below:

TPE:1229' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.24 Max: 0.41
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Lien Hwa Industrial Holding was 0.41. The lowest was 0.11. And the median was 0.24.

TPE:1229's Debt-to-Equity is ranked better than
67.08% of 480 companies
in the Conglomerates industry
Industry Median: 0.56 vs TPE:1229: 0.26

Lien Hwa Industrial Holding Debt-to-Equity Historical Data

The historical data trend for Lien Hwa Industrial Holding'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.

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Lien Hwa Industrial Holding Debt-to-Equity Chart

Lien Hwa Industrial Holding Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.21

0.26

0.29

0.30

0.32

Lien Hwa Industrial Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.32	0.33	0.31	0.32	0.26

Competitive Comparison of Lien Hwa Industrial Holding's Debt-to-Equity

For the Conglomerates subindustry, Lien Hwa Industrial Holding'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.

Lien Hwa Industrial Holding's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Lien Hwa Industrial Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lien Hwa Industrial Holding's Debt-to-Equity falls into.

Lien Hwa Industrial Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lien Hwa Industrial Holding's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(8466.651	+	3629.628)	/	37320.547
	=	0.32

Lien Hwa Industrial Holding'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
	=	(8925.488	+	3651.289)	/	48058.414
	=	0.26

Lien Hwa Industrial Holding (TPE:1229) 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.

Lien Hwa Industrial Holding Debt-to-Equity Related Terms

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Lien Hwa Industrial Holding (TPE:1229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Lien Hwa Industrial Holding Corp (TPE:1229) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 44, Section 1, Chengde Road, 6th Floor, Datong District, Taipei, TWN

Website

https://www.lhicholdings.com

Lien Hwa Industrial Holding Corp is engaged in flour production and sale, real estate rental, integrated system service, automatic system, and other electronic businesses. The company has five reportable segments. The rental business provides real property rental and development services. The noodle business manufactures and sells all kinds of noodles and processed foods. The noodle business overseas is a noodles manufacturing and sale company. The system integration service business provides the system integration service, automatic system, applied software design, and sale of industrial computers. The administrative resource center is responsible for the management of domestic/foreign investment business.

Lien Hwa Industrial Holding (TPE:1229) Headlines

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