Tainan Enterprises Co (TPE:1473) Debt-to-Equity : 0.14 (As of Dec. 2024)

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What is Tainan Enterprises Co Debt-to-Equity?

Tainan Enterprises Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$523 Mil. Tainan Enterprises Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$51 Mil. Tainan Enterprises Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$4,144 Mil. Tainan Enterprises Co's debt to equity for the quarter that ended in Dec. 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 Tainan Enterprises Co's Debt-to-Equity or its related term are showing as below:

TPE:1473' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.28 Max: 0.5
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of Tainan Enterprises Co was 0.50. The lowest was 0.14. And the median was 0.28.

TPE:1473's Debt-to-Equity is ranked better than
76.16% of 927 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.41 vs TPE:1473: 0.14

Tainan Enterprises Co Debt-to-Equity Historical Data

The historical data trend for Tainan Enterprises 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.

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Tainan Enterprises Co Debt-to-Equity Chart

Tainan Enterprises Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.27

0.40

0.22

0.18

0.14

Tainan Enterprises Co 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															0.18	0.23	0.12	0.16	0.14

Competitive Comparison of Tainan Enterprises Co's Debt-to-Equity

For the Apparel Manufacturing subindustry, Tainan Enterprises 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.

Tainan Enterprises Co's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

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Tainan Enterprises Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tainan Enterprises Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(522.724	+	51.353)	/	4143.758
	=	0.14

Tainan Enterprises Co's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(522.724	+	51.353)	/	4143.758
	=	0.14

Tainan Enterprises Co (TPE:1473) 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.

Tainan Enterprises Co Debt-to-Equity Related Terms

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Tainan Enterprises Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Tainan Enterprises Co Ltd (TPE:1473) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.15-1, Han-Chou South Road, Sec.1, Taipei, TWN

Website

https://www.eng.tai-nan.com

Tainan Enterprises Co Ltd engages in the manufacturing, retail and export of various kinds of apparels (including woven and knitted garments) in Taiwan. It is principally involved in the manufacturing of all kinds of clothes. Its products include pants, shirts, dresses, skirts, jackets, vests, and coats. It has two segments namely: Garment production and Investment. Geographically the company distributes its services in Taiwan, the United States, Japan, China, Taiwan, Cambodia, Indonesia, Vietnam, Canada and Others, out of which it derives maximum revenue from United States.

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