De Licacy Industrial Co (TPE:1464) Debt-to-Equity : 1.41 (As of Mar. 2024)

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What is De Licacy Industrial Co Debt-to-Equity?

De Licacy Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$3,713 Mil. De Licacy Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$3,634 Mil. De Licacy Industrial Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$5,211 Mil. De Licacy Industrial Co's debt to equity for the quarter that ended in Mar. 2024 was 1.41.

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 De Licacy Industrial Co's Debt-to-Equity or its related term are showing as below:

TPE:1464' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.6 Med: 1.71 Max: 2.54
Current: 1.41

During the past 13 years, the highest Debt-to-Equity Ratio of De Licacy Industrial Co was 2.54. The lowest was 0.60. And the median was 1.71.

TPE:1464's Debt-to-Equity is ranked worse than
84.4% of 936 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs TPE:1464: 1.41

De Licacy Industrial Co Debt-to-Equity Historical Data

The historical data trend for De Licacy Industrial 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.

De Licacy Industrial Co Debt-to-Equity Chart

De Licacy Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.70

2.28

2.54

2.00

1.59

De Licacy Industrial 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															1.87	1.72	1.62	1.59	1.41

Competitive Comparison of De Licacy Industrial Co's Debt-to-Equity

For the Textile Manufacturing subindustry, De Licacy Industrial 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.

De Licacy Industrial Co's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, De Licacy Industrial Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where De Licacy Industrial Co's Debt-to-Equity falls into.

De Licacy Industrial Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

De Licacy Industrial 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
	=	(4212.138	+	3719.722)	/	5005.011
	=	1.58

De Licacy Industrial 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
	=	(3712.961	+	3634.417)	/	5211.488
	=	1.41

De Licacy Industrial Co (TPE:1464) 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.

De Licacy Industrial Co Debt-to-Equity Related Terms

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De Licacy Industrial Co (TPE:1464) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » De Licacy Industrial Co Ltd (TPE:1464) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.240, San Sher Li, Shin Shih District, Tainan, TWN, 744

Website

https://www.delicacy.com.tw

De Licacy Industrial Co Ltd is a textile manufacturing company that offers high-quality functional fabrics; coating, lamination, and bonding fabrics. The company is engaged in manufacturing plaid cloth, blended cloth, jacquard cloth, bubble cloth, telescopic cloth, chemical fiber cloth, polyester cotton cloth, satin and other textile manufacturing dyeing and finishing processing and trading business. It manufactures and markets yarn dyed fabric in various materials including cotton, polyester, viscose rayon, tencel, lyocell, polynosic, modal, nylon, linen, and stretch which are used for manufacturing shirts, bottoms, suits, outerwear, sportswear and home textiles, among others. The company operates in Japan, Singapore, Hong Kong, Europe and North America along with Taiwan.

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