Nankang Rubber Tire (TPE:2101) Debt-to-Equity : 1.61 (As of Mar. 2025)

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What is Nankang Rubber Tire Debt-to-Equity?

Nankang Rubber Tire's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was NT$21,151 Mil. Nankang Rubber Tire's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was NT$6 Mil. Nankang Rubber Tire's Total Stockholders Equity for the quarter that ended in Mar. 2025 was NT$13,139 Mil. Nankang Rubber Tire's debt to equity for the quarter that ended in Mar. 2025 was 1.61.

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 Nankang Rubber Tire's Debt-to-Equity or its related term are showing as below:

TPE:2101' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54 Med: 1.17 Max: 2
Current: 1.61

During the past 13 years, the highest Debt-to-Equity Ratio of Nankang Rubber Tire was 2.00. The lowest was 0.54. And the median was 1.17.

TPE:2101's Debt-to-Equity is ranked worse than
87.43% of 1201 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs TPE:2101: 1.61

Nankang Rubber Tire Debt-to-Equity Historical Data

The historical data trend for Nankang Rubber Tire'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.

Nankang Rubber Tire Debt-to-Equity Chart

Nankang Rubber Tire Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

Get a 7-Day Free Trial

1.24

1.53

1.71

1.97

1.53

Nankang Rubber Tire Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Debt-to-Equity	Get a 7-Day Free Trial															2.00	1.97	1.48	1.53	1.61

Competitive Comparison of Nankang Rubber Tire's Debt-to-Equity

For the Auto Parts subindustry, Nankang Rubber Tire'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.

Nankang Rubber Tire's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nankang Rubber Tire's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nankang Rubber Tire's Debt-to-Equity falls into.

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Nankang Rubber Tire Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nankang Rubber Tire'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
	=	(8117.549	+	12587.842)	/	13565.196
	=	1.53

Nankang Rubber Tire's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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
	=	(21150.874	+	5.663)	/	13139.366
	=	1.61

Nankang Rubber Tire (TPE:2101) 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.

Nankang Rubber Tire Debt-to-Equity Related Terms

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Nankang Rubber Tire Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nankang Rubber Tire Corp Ltd (TPE:2101) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jen Ai Road, Suite 608, Floor 6, Number. 136, Sec. 3, Taipei, TWN

Website

https://www.nankang-tyre.com

Nankang Rubber Tire Corp Ltd manufactures and sells tires and rubber supplies. The products offered by the company include Light truck series, Truck/Trailer series, Motorsport, Car series, and others. The reportable segments of the company are: Tire - Taiwan, Tire - China, Construction Department, and others. Its geographical segments are Taiwan, China, the United States, Europe, Other regions in Asia, and Others. The company derives maximum revenue from Taiwan.

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