Longchen Paper & Packaging Co (TPE:1909) Debt-to-Equity : 1.91 (As of Dec. 2024)

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What is Longchen Paper & Packaging Co Debt-to-Equity?

Longchen Paper & Packaging Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$14,528 Mil. Longchen Paper & Packaging Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$26,380 Mil. Longchen Paper & Packaging Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$21,402 Mil. Longchen Paper & Packaging Co's debt to equity for the quarter that ended in Dec. 2024 was 1.91.

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 Longchen Paper & Packaging Co's Debt-to-Equity or its related term are showing as below:

TPE:1909' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.33 Med: 1.79 Max: 1.91
Current: 1.91

During the past 13 years, the highest Debt-to-Equity Ratio of Longchen Paper & Packaging Co was 1.91. The lowest was 1.33. And the median was 1.79.

TPE:1909's Debt-to-Equity is ranked worse than
91.95% of 261 companies
in the Forest Products industry
Industry Median: 0.5 vs TPE:1909: 1.91

Longchen Paper & Packaging Co Debt-to-Equity Historical Data

The historical data trend for Longchen Paper & Packaging 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.

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Longchen Paper & Packaging Co Debt-to-Equity Chart

Longchen Paper & Packaging Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

Get a 7-Day Free Trial

1.56

1.47

1.76

1.89

1.91

Longchen Paper & Packaging 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															1.89	1.91	1.90	1.91	1.91

Competitive Comparison of Longchen Paper & Packaging Co's Debt-to-Equity

For the Paper & Paper Products subindustry, Longchen Paper & Packaging 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.

Longchen Paper & Packaging Co's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Longchen Paper & Packaging Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Longchen Paper & Packaging Co's Debt-to-Equity falls into.

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Longchen Paper & Packaging Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Longchen Paper & Packaging Co'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
	=	(14528.176	+	26380.103)	/	21401.721
	=	1.91

Longchen Paper & Packaging Co'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
	=	(14528.176	+	26380.103)	/	21401.721
	=	1.91

Longchen Paper & Packaging Co (TPE:1909) 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.

Longchen Paper & Packaging Co Debt-to-Equity Related Terms

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Longchen Paper & Packaging Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Longchen Paper & Packaging Co Ltd (TPE:1909) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1-1, Guangxing Lane, Guangxing Village, Erlin Township, Zhanghua, TWN

Website

https://www.longchenpaper.com

Longchen Paper & Packaging Co Ltd manufactures and sells paper and electronics products. The company's paper products include printing and writing paper, industrial paper, craft and corrugated paperboards, and corrugated paper boxes. The firm's customers include consumer electronics manufacturers and food and beverage manufacturers. The company also generates and sells electricity from waste incineration and operates a wastewater treatment business. The majority of Long Chen Paper's revenue is generated in China and Taiwan.

Longchen Paper & Packaging Co Headlines

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