Gigabyte Technology Co (TPE:2376) Debt-to-Equity : 0.60 (As of Sep. 2024)

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What is Gigabyte Technology Co Debt-to-Equity?

Gigabyte Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$12,203 Mil. Gigabyte Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$18,413 Mil. Gigabyte Technology Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$50,812 Mil. Gigabyte Technology Co's debt to equity for the quarter that ended in Sep. 2024 was 0.60.

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

TPE:2376' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.66
Current: 0.6

During the past 13 years, the highest Debt-to-Equity Ratio of Gigabyte Technology Co was 0.66. The lowest was 0.00. And the median was 0.01.

TPE:2376's Debt-to-Equity is ranked worse than
72.87% of 2182 companies
in the Hardware industry
Industry Median: 0.29 vs TPE:2376: 0.60

Gigabyte Technology Co Debt-to-Equity Historical Data

The historical data trend for Gigabyte Technology 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.

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Gigabyte Technology Co Debt-to-Equity Chart

Gigabyte Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.01

0.24

Gigabyte Technology Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.25	0.24	0.50	0.66	0.60

Competitive Comparison of Gigabyte Technology Co's Debt-to-Equity

For the Computer Hardware subindustry, Gigabyte Technology 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.

Gigabyte Technology Co's Debt-to-Equity Distribution in the Hardware Industry

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

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

Gigabyte Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gigabyte Technology 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
	=	(92.25	+	9000.428)	/	37472.81
	=	0.24

Gigabyte Technology Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(12203.318	+	18412.622)	/	50811.773
	=	0.60

Gigabyte Technology Co (TPE:2376) 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.

Gigabyte Technology Co Debt-to-Equity Related Terms

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Gigabyte Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Gigabyte Technology Co Ltd (TPE:2376) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 6, Baoqiang Road, Xindian District, New Taipei City, TWN, 231

Website

https://www.gigabyte.com

Gigabyte Technology Co Ltd is a Taiwan-based manufacturer and distributor of computer hardware products. Its products include motherboards for third-party platforms and servers, graphics cards, notebooks, desktop computers, ultrabooks, tablets, mobile phones, server racks, networking equipment, optical drives, computer monitors, keyboards, cooling components, computer cases, and power supplies. Geographically, the company generates a majority of its revenue from the USA and Canada followed by Europe, Taiwan, China, and other regions.

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