Shihlin Electric & Engineering (TPE:1503) Debt-to-Equity : 0.03 (As of Mar. 2024)

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What is Shihlin Electric & Engineering Debt-to-Equity?

Shihlin Electric & Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$976 Mil. Shihlin Electric & Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$3 Mil. Shihlin Electric & Engineering's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$39,660 Mil. Shihlin Electric & Engineering's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Shihlin Electric & Engineering's Debt-to-Equity or its related term are showing as below:

TPE:1503' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.15 Max: 0.25
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Shihlin Electric & Engineering was 0.25. The lowest was 0.03. And the median was 0.15.

TPE:1503's Debt-to-Equity is ranked better than
89.84% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs TPE:1503: 0.03

Shihlin Electric & Engineering Debt-to-Equity Historical Data

The historical data trend for Shihlin Electric & Engineering'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.

Shihlin Electric & Engineering Debt-to-Equity Chart

Shihlin Electric & Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.14

0.13

0.11

0.12

0.05

Shihlin Electric & Engineering 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															0.11	0.07	0.07	0.05	0.03

Competitive Comparison of Shihlin Electric & Engineering's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Shihlin Electric & Engineering'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.

Shihlin Electric & Engineering's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shihlin Electric & Engineering's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shihlin Electric & Engineering's Debt-to-Equity falls into.

Shihlin Electric & Engineering Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shihlin Electric & Engineering'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
	=	(1668.945	+	3.983)	/	32425.409
	=	0.05

Shihlin Electric & Engineering'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
	=	(975.705	+	2.703)	/	39659.575
	=	0.02

Shihlin Electric & Engineering (TPE:1503) 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.

Shihlin Electric & Engineering Debt-to-Equity Related Terms

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

Shihlin Electric & Engineering (TPE:1503) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shihlin Electric & Engineering Corp (TPE:1503) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

No. 88, Zhongshan North Road, Section 6, 16th Floor, Taipei, TWN, 111

Website

https://www.seec.com.tw

Shihlin Electric & Engineering Corp is a Taiwan-based company The Group is engaged in the manufacture of heavy electrical equipment and machinery and automotive electrical equipment, devices, and related parts The company's product portfolio is categorized into five groups: automobile equipment systems, breaker switchgear and systems, heavy electric systems, and factory automation and system engineering products. The company operates production facilities in Taiwan, mainland China, and Vietnam.

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