Hong Tai Electric Industrial Co (TPE:1612) Debt-to-Equity : 0.00 (As of Sep. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Hong Tai Electric Industrial Co Debt-to-Equity?

Hong Tai Electric Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$16 Mil. Hong Tai Electric Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$0 Mil. Hong Tai Electric Industrial Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$7,526 Mil. Hong Tai Electric Industrial Co's debt to equity for the quarter that ended in Sep. 2024 was 0.00.

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 Hong Tai Electric Industrial Co's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Hong Tai Electric Industrial Co was 0.11. The lowest was 0.00. And the median was 0.01.

TPE:1612's Debt-to-Equity is not ranked ^*
in the Industrial Products industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Hong Tai Electric Industrial Co Debt-to-Equity Historical Data

The historical data trend for Hong Tai Electric 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.

Hong Tai Electric Industrial Co Debt-to-Equity Chart

Hong Tai Electric Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.09

0.01

Hong Tai Electric Industrial Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.01	-	0.01	0.01	-

Competitive Comparison of Hong Tai Electric Industrial Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Hong Tai Electric 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.

Hong Tai Electric Industrial Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hong Tai Electric Industrial Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hong Tai Electric Industrial Co's Debt-to-Equity falls into.

Hong Tai Electric Industrial Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hong Tai Electric 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
	=	(14.108	+	0.33)	/	7550.534
	=	0.00

Hong Tai Electric Industrial Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(15.563	+	0.138)	/	7526.004
	=	0.00

Hong Tai Electric Industrial Co (TPE:1612) 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.

Hong Tai Electric Industrial Co Debt-to-Equity Related Terms

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

Hong Tai Electric Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hong Tai Electric Industrial Co Ltd (TPE:1612) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Guojian 1st Road, Guanyin District, Taoyuan, TWN

Website

http://www.hong-tai.com.tw

Hong Tai Electric Industrial Co Ltd manufactures & distributes electric wires & cables, CCL, communication products, and equipment and accessories. It provides cross-linked polyethylene power cables, communication wires & cables, copper-clad laminates, insulation materials, & photovoltaics among others. The company has three reportable operating departments; A Department which includes the business of manufacturing, processing, and sales of copper foil substrates; B Department which includes the business of manufacturing, processing, and sales of wires and cables, communication products, and accessories; and other Operating Dept. The majority of the revenue comes from the B Department.

Hong Tai Electric Industrial Co Headlines

No Headlines