King Slide Works Co (TPE:2059) Debt-to-Equity : 0.12 (As of Sep. 2024)

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What is King Slide Works Co Debt-to-Equity?

King Slide Works Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$465 Mil. King Slide Works Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$1,826 Mil. King Slide Works Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$19,108 Mil. King Slide Works Co's debt to equity for the quarter that ended in Sep. 2024 was 0.12.

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 King Slide Works Co's Debt-to-Equity or its related term are showing as below:

TPE:2059' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.09 Max: 0.16
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of King Slide Works Co was 0.16. The lowest was 0.02. And the median was 0.09.

TPE:2059's Debt-to-Equity is ranked better than
77.89% of 380 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.36 vs TPE:2059: 0.12

King Slide Works Co Debt-to-Equity Historical Data

The historical data trend for King Slide Works 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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King Slide Works Co Debt-to-Equity Chart

King Slide Works Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.09

0.11

0.12

0.14

King Slide Works Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.15	0.14	0.13	0.13	0.12

Competitive Comparison of King Slide Works Co's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, King Slide Works 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.

King Slide Works Co's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, King Slide Works Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where King Slide Works Co's Debt-to-Equity falls into.

King Slide Works Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

King Slide Works Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(425.249	+	1883.034)	/	16436.179
	=	0.14

King Slide Works Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(464.739	+	1826.286)	/	19108.196
	=	0.12

King Slide Works Co (TPE:2059) 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.

King Slide Works Co Debt-to-Equity Related Terms

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King Slide Works Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » King Slide Works Co Ltd (TPE:2059) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 299, Shun An Road, Lu Zhu District, Kaohsiung, TWN, 82150

Website

https://www.kingslide.com

King Slide Works Co Ltd is a Taiwan-based company that mainly designs, manufactures, and sells the following products; Rail kits for cloud computing servers and data devices, and Furniture, wooden kitchen accessories, slides, and molds. Its reportable segments are; King Slide Works Co., Ltd which mainly manufactures, processes, and sells rail kits for computer and network communication equipment, furniture accessories, slides, and molds; King Slide Technology Co., Ltd segment which is mainly engaged in R&D, designs and sells the rail kits for servers and network communication equipment; and the others segment. Geographically, the company generates maximum revenue from the United States of America and the rest from Taiwan, China, and other regions.

King Slide Works Co Headlines

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