International CSRC Investment Holdings Co (TPE:2104) Debt-to-Equity : 0.46 (As of Mar. 2024)

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What is International CSRC Investment Holdings Co Debt-to-Equity?

International CSRC Investment Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$11,514 Mil. International CSRC Investment Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$4,221 Mil. International CSRC Investment Holdings Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$33,966 Mil. International CSRC Investment Holdings Co's debt to equity for the quarter that ended in Mar. 2024 was 0.46.

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 International CSRC Investment Holdings Co's Debt-to-Equity or its related term are showing as below:

TPE:2104' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.45 Max: 0.6
Current: 0.46

During the past 13 years, the highest Debt-to-Equity Ratio of International CSRC Investment Holdings Co was 0.60. The lowest was 0.25. And the median was 0.45.

TPE:2104's Debt-to-Equity is ranked worse than
58.39% of 1389 companies
in the Chemicals industry
Industry Median: 0.36 vs TPE:2104: 0.46

International CSRC Investment Holdings Co Debt-to-Equity Historical Data

The historical data trend for International CSRC Investment Holdings 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.

* Premium members only.

International CSRC Investment Holdings Co Debt-to-Equity Chart

International CSRC Investment Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.36

0.34

0.41

0.45

0.41

International CSRC Investment Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.42	0.40	0.41	0.41	0.46

Competitive Comparison of International CSRC Investment Holdings Co's Debt-to-Equity

For the Specialty Chemicals subindustry, International CSRC Investment Holdings 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.

International CSRC Investment Holdings Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, International CSRC Investment Holdings Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where International CSRC Investment Holdings Co's Debt-to-Equity falls into.

International CSRC Investment Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

International CSRC Investment Holdings 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
	=	(10111.389	+	3564.895)	/	33570.733
	=	0.41

International CSRC Investment Holdings Co's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(11513.596	+	4220.929)	/	33965.706
	=	0.46

International CSRC Investment Holdings Co (TPE:2104) 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.

International CSRC Investment Holdings Co Debt-to-Equity Related Terms

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International CSRC Investment Holdings Co (TPE:2104) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » International CSRC Investment Holdings Co Ltd (TPE:2104) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 113, Zhongshan North Road, 8th Floor, Section 2, Taipei, TWN, 104

Website

https://www.csrcgroup.com

International CSRC Investment Holdings Co Ltd is an investment holding company. The group operates through three business units: The Carbon Black business, the Battery business, and the Biotech business. The carbon black business focuses on converting industrial waste into carbon black, which is used in producing rubber and plastic products. The battery business engages in research, development, and manufacturing of batteries and related products. The biotech segment invests in pharmaceutical research to develop new drugs. The carbon black business is the leading revenue generator for the holding company. CRSC Group has operations in the U.S. and Asia, with the majority of the company's revenue generated in Asia.

International CSRC Investment Holdings Co (TPE:2104) Headlines

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