GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Headway Advanced Material Co Ltd (TPE:1776) » Definitions » Debt-to-Equity

Headway Advanced Material Co (TPE:1776) Debt-to-Equity : 0.49 (As of Dec. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Headway Advanced Material Co Debt-to-Equity?

Headway Advanced Material Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$160 Mil. Headway Advanced Material Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$294 Mil. Headway Advanced Material Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$919 Mil. Headway Advanced Material Co's debt to equity for the quarter that ended in Dec. 2024 was 0.49.

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 Headway Advanced Material Co's Debt-to-Equity or its related term are showing as below:

TPE:1776' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31   Med: 0.49   Max: 0.57
Current: 0.49

During the past 13 years, the highest Debt-to-Equity Ratio of Headway Advanced Material Co was 0.57. The lowest was 0.31. And the median was 0.49.

TPE:1776's Debt-to-Equity is ranked worse than
59.58% of 1388 companies
in the Chemicals industry
Industry Median: 0.365 vs TPE:1776: 0.49

Headway Advanced Material Co Debt-to-Equity Historical Data

The historical data trend for Headway Advanced Material 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.

Headway Advanced Material Co Debt-to-Equity Chart

Headway Advanced Material Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.40 0.50 0.56 0.49

Headway Advanced Material 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.54 0.53 0.54 0.49

Competitive Comparison of Headway Advanced Material Co's Debt-to-Equity

For the Chemicals subindustry, Headway Advanced Material 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.


Headway Advanced Material Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Headway Advanced Material Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Headway Advanced Material Co's Debt-to-Equity falls into.


;
;

Headway Advanced Material Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Headway Advanced Material Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Headway Advanced Material Co'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.


Headway Advanced Material Co  (TPE:1776) 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.


Headway Advanced Material Co Debt-to-Equity Related Terms

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


Headway Advanced Material Co Business Description

Traded in Other Exchanges
N/A
Address
No. 71, Guangfu Road, Hsinchu Industrial Park, Hukou Township, Hsinchu, TWN, 303
Headway Advanced Material Co Ltd is engaged in business including the manufacture, processing, and sale of polyurethane curing agents, processing agents, coatings, resins for coatings, adhesives, flatting agents, and related raw materials.

Headway Advanced Material Co Headlines

No Headlines