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Taiwan Asia Semiconductor (TPE:2340) Debt-to-Equity : 0.42 (As of Mar. 2024)


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What is Taiwan Asia Semiconductor Debt-to-Equity?

Taiwan Asia Semiconductor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$440 Mil. Taiwan Asia Semiconductor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$2,978 Mil. Taiwan Asia Semiconductor's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$8,227 Mil. Taiwan Asia Semiconductor's debt to equity for the quarter that ended in Mar. 2024 was 0.42.

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 Taiwan Asia Semiconductor's Debt-to-Equity or its related term are showing as below:

TPE:2340' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.15   Max: 0.42
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of Taiwan Asia Semiconductor was 0.42. The lowest was 0.06. And the median was 0.15.

TPE:2340's Debt-to-Equity is ranked worse than
64.57% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs TPE:2340: 0.42

Taiwan Asia Semiconductor Debt-to-Equity Historical Data

The historical data trend for Taiwan Asia Semiconductor'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.

Taiwan Asia Semiconductor Debt-to-Equity Chart

Taiwan Asia Semiconductor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.17 0.06 0.06 0.28

Taiwan Asia Semiconductor 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.13 0.21 0.28 0.42

Competitive Comparison of Taiwan Asia Semiconductor's Debt-to-Equity

For the Semiconductors subindustry, Taiwan Asia Semiconductor'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.


Taiwan Asia Semiconductor's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Taiwan Asia Semiconductor's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Taiwan Asia Semiconductor's Debt-to-Equity falls into.



Taiwan Asia Semiconductor Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taiwan Asia Semiconductor's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Taiwan Asia Semiconductor's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Taiwan Asia Semiconductor  (TPE:2340) 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.


Taiwan Asia Semiconductor Debt-to-Equity Related Terms

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Taiwan Asia Semiconductor (TPE:2340) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Li-Hsin 5th Road, Hsinchu Science Park, Hsinchu, TWN, 30078
Taiwan Asia Semiconductor Corp is engaged in the manufacture and sales of semiconductor components as well as research and development, design, manufacture, and sales of systems products. Its products consist of visible light-emitting diode chips, photodiodes, phototransistors, photo-sensing controllable thyristors, Zener diode chips, resistor chips, infrared radiation chips, colored light, IR LED, vertical-cavity surface-emitting lasers, light-emitting diode displays, automotive lighting, among others. Its segment consists of LED and silicon vendor chips group, Displays and lighting group, and Packaging business group.

Taiwan Asia Semiconductor (TPE:2340) Headlines

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