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Cathay Chemical Works (TPE:1713) Debt-to-Equity : 0.00 (As of Dec. 2024)


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What is Cathay Chemical Works Debt-to-Equity?

Cathay Chemical Works's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$4.0 Mil. Cathay Chemical Works's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$0.8 Mil. Cathay Chemical Works's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$4,346.6 Mil. Cathay Chemical Works's debt to equity for the quarter that ended in Dec. 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 Cathay Chemical Works's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Cathay Chemical Works was 0.01. The lowest was 0.00. And the median was 0.00.

TPE:1713's Debt-to-Equity is not ranked *
in the Chemicals industry.
Industry Median: 0.36
* Ranked among companies with meaningful Debt-to-Equity only.

Cathay Chemical Works Debt-to-Equity Historical Data

The historical data trend for Cathay Chemical Works'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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Cathay Chemical Works Debt-to-Equity Chart

Cathay Chemical Works Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
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Cathay Chemical Works Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Cathay Chemical Works's Debt-to-Equity

For the Specialty Chemicals subindustry, Cathay Chemical Works'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.


Cathay Chemical Works's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cathay Chemical Works's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cathay Chemical Works's Debt-to-Equity falls into.


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Cathay Chemical Works Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cathay Chemical Works's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Cathay Chemical Works'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.


Cathay Chemical Works  (TPE:1713) 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.


Cathay Chemical Works Debt-to-Equity Related Terms

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Cathay Chemical Works Business Description

Traded in Other Exchanges
N/A
Address
Zhongxiao East Road, 12F, No.320, Section 4, Taipei, TWN
Cathay Chemical Works Inc operates in the specialty chemical industry. The company is in the business of manufacturing and sale of sodium hydrosulfite, zinc oxide, sodium formaldehyde sulfoxylate, zinc dust and so on.

Cathay Chemical Works Headlines

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