Sunspring Metal (TPE:2062) Debt-to-Equity : 0.27 (As of Dec. 2024)

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What is Sunspring Metal Debt-to-Equity?

Sunspring Metal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$1,211 Mil. Sunspring Metal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$978 Mil. Sunspring Metal's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$7,996 Mil. Sunspring Metal's debt to equity for the quarter that ended in Dec. 2024 was 0.27.

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 Sunspring Metal's Debt-to-Equity or its related term are showing as below:

TPE:2062' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.95 Max: 1.16
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Sunspring Metal was 1.16. The lowest was 0.27. And the median was 0.95.

TPE:2062's Debt-to-Equity is ranked better than
62.65% of 1553 companies
in the Construction industry
Industry Median: 0.43 vs TPE:2062: 0.27

Sunspring Metal Debt-to-Equity Historical Data

The historical data trend for Sunspring Metal'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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Sunspring Metal Debt-to-Equity Chart

Sunspring Metal Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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1.13

0.96

0.52

0.55

0.27

Sunspring Metal 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															0.55	0.50	0.33	0.32	0.27

Competitive Comparison of Sunspring Metal's Debt-to-Equity

For the Building Products & Equipment subindustry, Sunspring Metal'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.

Sunspring Metal's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sunspring Metal's Debt-to-Equity distribution charts can be found below:

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

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Sunspring Metal Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sunspring Metal'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
	=	(1210.656	+	978.076)	/	7996.158
	=	0.27

Sunspring Metal'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
	=	(1210.656	+	978.076)	/	7996.158
	=	0.27

Sunspring Metal (TPE:2062) 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.

Sunspring Metal Debt-to-Equity Related Terms

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Sunspring Metal Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sunspring Metal Corp (TPE:2062) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

NO.11, Keya Road, Taichung Science Park, Taichung, TWN

Website

http://www.sunspring.com.tw

Sunspring Metal Corporation is a Taiwan-based company mainly engaged in the manufacturing, processing, and trading of water pipe switch accessories, gate valves, corks, copper pipe fittings, and waterway sanitary equipment and also production and sales of bathroom spare parts. Geographically company has two operations which are Asia Operations Area which includes production and sales in Asia, and North America Operation Area which includes production and sales in North America. The majority of its revenue derives from the Asia operations area.

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