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Globe Industries (TPE:1324) Debt-to-Equity : 0.08 (As of Dec. 2024)


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What is Globe Industries Debt-to-Equity?

Globe Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$68.8 Mil. Globe Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$7.0 Mil. Globe Industries's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$967.3 Mil. Globe Industries's debt to equity for the quarter that ended in Dec. 2024 was 0.08.

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 Globe Industries's Debt-to-Equity or its related term are showing as below:

TPE:1324' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.11   Max: 0.14
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of Globe Industries was 0.14. The lowest was 0.08. And the median was 0.11.

TPE:1324's Debt-to-Equity is ranked better than
77.25% of 2607 companies
in the Industrial Products industry
Industry Median: 0.28 vs TPE:1324: 0.08

Globe Industries Debt-to-Equity Historical Data

The historical data trend for Globe Industries'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.

Globe Industries Debt-to-Equity Chart

Globe Industries Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.14 0.09 0.10 0.08

Globe Industries 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 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 0.10 0.08 0.10 0.09 0.08

Competitive Comparison of Globe Industries's Debt-to-Equity

For the Business Equipment & Supplies subindustry, Globe Industries'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.


Globe Industries's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Globe Industries's Debt-to-Equity distribution charts can be found below:

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


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Globe Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Globe Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Globe Industries's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Globe Industries  (TPE:1324) 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.


Globe Industries Debt-to-Equity Related Terms

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


Globe Industries Business Description

Traded in Other Exchanges
N/A
Address
Nanking East Road, 7th Floor, No. 61, Section 3, Songshan District, Taipei, TWN, 104507
Globe Industries Corp is a manufacturer of different tapes. The products offered by the company include PVC electrical insulating tape, protecting tape, masking tape, foil tape, and packaging tape among others. Geographically, the company generates a majority of its revenue from its business in Taiwan and the rest from Africa, Middle East, East Asia, and other regions.

Globe Industries Headlines

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