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Yieh Hsing Enterprise Co (TPE:2007) Debt-to-Equity : 1.42 (As of Sep. 2024)


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What is Yieh Hsing Enterprise Co Debt-to-Equity?

Yieh Hsing Enterprise Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$3,203 Mil. Yieh Hsing Enterprise Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$3,924 Mil. Yieh Hsing Enterprise Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$5,036 Mil. Yieh Hsing Enterprise Co's debt to equity for the quarter that ended in Sep. 2024 was 1.42.

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 Yieh Hsing Enterprise Co's Debt-to-Equity or its related term are showing as below:

TPE:2007' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.65   Med: 2.4   Max: 5.99
Current: 1.42

During the past 13 years, the highest Debt-to-Equity Ratio of Yieh Hsing Enterprise Co was 5.99. The lowest was 0.65. And the median was 2.40.

TPE:2007's Debt-to-Equity is ranked worse than
88.31% of 556 companies
in the Steel industry
Industry Median: 0.43 vs TPE:2007: 1.42

Yieh Hsing Enterprise Co Debt-to-Equity Historical Data

The historical data trend for Yieh Hsing Enterprise 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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Yieh Hsing Enterprise Co Debt-to-Equity Chart

Yieh Hsing Enterprise Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.14 5.99 0.72 0.73 0.70

Yieh Hsing Enterprise Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
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 0.86 0.94 1.15 1.29 1.42

Competitive Comparison of Yieh Hsing Enterprise Co's Debt-to-Equity

For the Steel subindustry, Yieh Hsing Enterprise 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.


Yieh Hsing Enterprise Co's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Yieh Hsing Enterprise Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Yieh Hsing Enterprise Co's Debt-to-Equity falls into.



Yieh Hsing Enterprise Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yieh Hsing Enterprise Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Yieh Hsing Enterprise Co's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Yieh Hsing Enterprise Co  (TPE:2007) 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.


Yieh Hsing Enterprise Co Debt-to-Equity Related Terms

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Yieh Hsing Enterprise Co Business Description

Traded in Other Exchanges
N/A
Address
No.369, Baomi Road, Baimi Village, Gangshan District, Kaohsiung, TWN, 82053
Yieh Hsing Enterprise Co Ltd operates in the steel industry. It is mainly engaged in the processing and manufacturing of stainless steel, carbon steel, and special steel. Geographically, the company generates a majority of its revenue from Taiwan and the rest from America, Thailand, China, Italy, and other countries.

Yieh Hsing Enterprise Co Headlines

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