Microtek International (TPE:2305) Debt-to-Equity : 0.12 (As of Mar. 2024)

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What is Microtek International Debt-to-Equity?

Microtek International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$65.0 Mil. Microtek International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$202.2 Mil. Microtek International's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$2,224.2 Mil. Microtek International's debt to equity for the quarter that ended in Mar. 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 Microtek International's Debt-to-Equity or its related term are showing as below:

TPE:2305' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.14 Max: 0.51
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Microtek International was 0.51. The lowest was 0.01. And the median was 0.14.

TPE:2305's Debt-to-Equity is ranked better than
70.89% of 2195 companies
in the Hardware industry
Industry Median: 0.29 vs TPE:2305: 0.12

Microtek International Debt-to-Equity Historical Data

The historical data trend for Microtek International'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.

Microtek International Debt-to-Equity Chart

Microtek International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.19

0.16

0.14

0.16

0.12

Microtek International 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															0.15	0.14	0.11	0.12	0.12

Competitive Comparison of Microtek International's Debt-to-Equity

For the Computer Hardware subindustry, Microtek International'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.

Microtek International's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Microtek International's Debt-to-Equity distribution charts can be found below:

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

Microtek International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Microtek International'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
	=	(63.819	+	205.647)	/	2174.031
	=	0.12

Microtek International'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
	=	(64.997	+	202.153)	/	2224.23
	=	0.12

Microtek International (TPE:2305) 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.

Microtek International Debt-to-Equity Related Terms

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Microtek International (TPE:2305) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Microtek International Inc (TPE:2305) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.6 Industry East Road 3, Science-Based Industrial Park, Hsinchu, TWN, 300091

Website

https://www.microtek.com

Microtek International Inc is a Taiwan based company offering scanning solutions. The company is engaged in the manufacturing and marketing of digital image scanners and related computer peripheral products. It offers scanners for medical, document, professional image, office, home, and industrial application. Its product portfolio includes ArtixScan series, FileScan series, ScanMaker series, XT series, Bio series, ObjectScan series, and medical series, among others.

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