Cheng Loong (TPE:1904) Debt-to-Equity : 1.05 (As of Dec. 2024)

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What is Cheng Loong Debt-to-Equity?

Cheng Loong's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$8,320 Mil. Cheng Loong's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$22,697 Mil. Cheng Loong's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$29,531 Mil. Cheng Loong's debt to equity for the quarter that ended in Dec. 2024 was 1.05.

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 Cheng Loong's Debt-to-Equity or its related term are showing as below:

TPE:1904' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.81 Med: 1.02 Max: 1.34
Current: 1.05

During the past 13 years, the highest Debt-to-Equity Ratio of Cheng Loong was 1.34. The lowest was 0.81. And the median was 1.02.

TPE:1904's Debt-to-Equity is ranked worse than
80.84% of 261 companies
in the Forest Products industry
Industry Median: 0.5 vs TPE:1904: 1.05

Cheng Loong Debt-to-Equity Historical Data

The historical data trend for Cheng Loong'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.

Cheng Loong Debt-to-Equity Chart

Cheng Loong Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.81

0.90

0.99

1.00

1.05

Cheng Loong 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															1.00	1.01	1.04	1.02	1.05

Competitive Comparison of Cheng Loong's Debt-to-Equity

For the Paper & Paper Products subindustry, Cheng Loong'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.

Cheng Loong's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Cheng Loong's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cheng Loong's Debt-to-Equity falls into.

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Cheng Loong Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cheng Loong'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
	=	(8320.418	+	22696.624)	/	29530.77
	=	1.05

Cheng Loong'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
	=	(8320.418	+	22696.624)	/	29530.77
	=	1.05

Cheng Loong (TPE:1904) 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.

Cheng Loong Debt-to-Equity Related Terms

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Cheng Loong Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Cheng Loong Corp (TPE:1904) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Section 1, Min Sheng Road, Banqiao District, New Taipei, TWN

Website

https://www.clc.com.tw

Cheng Loong Corp manufactures and sells a variety of paper products. The company is engaged in the manufacturing and sale of paper products, materials for paper products, corrugated cartons, and related products. It is also engaged in building commercial and residential premises for rent and sale in partnership with construction companies. The company generates a majority of its revenue from its paper products business. Its geographical segments are Taiwan which generates key revenue, China, and other parts of Southeast Asia.

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