Hiyes International Co (TPE:2348) Debt-to-Equity : 2.19 (As of Mar. 2024)

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What is Hiyes International Co Debt-to-Equity?

Hiyes International Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$7,739 Mil. Hiyes International Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$9,881 Mil. Hiyes International Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$8,038 Mil. Hiyes International Co's debt to equity for the quarter that ended in Mar. 2024 was 2.19.

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

TPE:2348' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.97 Max: 3.19
Current: 2.19

During the past 13 years, the highest Debt-to-Equity Ratio of Hiyes International Co was 3.19. The lowest was 0.19. And the median was 0.97.

TPE:2348's Debt-to-Equity is ranked worse than
85.37% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs TPE:2348: 2.19

Hiyes International Co Debt-to-Equity Historical Data

The historical data trend for Hiyes International 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.

Hiyes International Co Debt-to-Equity Chart

Hiyes International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.37

1.35

2.31

2.92

2.52

Hiyes International 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															2.94	3.19	3.13	2.52	2.19

Competitive Comparison of Hiyes International Co's Debt-to-Equity

For the Real Estate Services subindustry, Hiyes International 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.

Hiyes International Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hiyes International Co's Debt-to-Equity distribution charts can be found below:

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

Hiyes International Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hiyes International 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
	=	(5433.991	+	12291.651)	/	7030.694
	=	2.52

Hiyes International 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
	=	(7739.457	+	9880.529)	/	8038.09
	=	2.19

Hiyes International Co (TPE:2348) 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.

Hiyes International Co Debt-to-Equity Related Terms

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Hiyes International Co (TPE:2348) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hiyes International Co Ltd (TPE:2348) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 260, Dunhua North Road, 7th Floor, Songshan District, Taipei, TWN

Website

https://www.hiyes-group.com.tw

Hiyes International Co Ltd operates in the real estate industry. The Company has two reporting segments: the agency sales segment of real estate, and the construction segment, in which the former engages in the brokerage of real estate sales, and the construction segment engages in the operation and construction of residential houses, sales of real estate, and other related businesses. The company is also engaged in research and development, manufacture, and sale of optical readers and related components, multimedia products, personal computers and peripherals, telecommunication products, and digital cameras, as well as import and export trading of items relevant to the Company's business.

Hiyes International Co (TPE:2348) Headlines

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