China Motor (TPE:2204) Debt-to-Equity : 0.13 (As of Mar. 2024)

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What is China Motor Debt-to-Equity?

China Motor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$4,308 Mil. China Motor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$99 Mil. China Motor's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$33,954 Mil. China Motor's debt to equity for the quarter that ended in Mar. 2024 was 0.13.

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 China Motor's Debt-to-Equity or its related term are showing as below:

TPE:2204' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.07 Max: 0.14
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of China Motor was 0.14. The lowest was 0.06. And the median was 0.07.

TPE:2204's Debt-to-Equity is ranked better than
79.95% of 1177 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs TPE:2204: 0.13

China Motor Debt-to-Equity Historical Data

The historical data trend for China Motor'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.

China Motor Debt-to-Equity Chart

China Motor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.10

0.08

0.06

0.10

0.11

China Motor 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															0.08	0.10	0.14	0.11	0.13

Competitive Comparison of China Motor's Debt-to-Equity

For the Auto Manufacturers subindustry, China Motor'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.

China Motor's Debt-to-Equity Distribution in the Vehicles & Parts Industry

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

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

China Motor Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Motor'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
	=	(3927.714	+	91.179)	/	35819.359
	=	0.11

China Motor'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
	=	(4308.259	+	98.783)	/	33954.018
	=	0.13

China Motor (TPE:2204) 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.

China Motor Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of China Motor's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

China Motor (TPE:2204) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China Motor Corp (TPE:2204) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.618, Xiucai Road, Yangmei District, Taoyuan City, TWN, 326

Website

https://www.cmc-motor.com

China Motor Corp is an automobile manufacturing company domiciled in Taiwan. The company principally manufactures passenger vehicles, recreational vehicles, light commercial vehicles, trucks, electric vehicles, and spare parts and accessories. The company derives the vast majority of revenue from vehicle manufacturing. China Motor operates domestically across three manufacturing plants. The company distributes vehicles both domestically and exports mainly across other Asia-Pacific regions, with domestic sales contributing the majority of consolidated revenue.

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