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Lung Hwa Electronics Co (TPE:2424) Debt-to-Equity : 0.89 (As of Sep. 2024)


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What is Lung Hwa Electronics Co Debt-to-Equity?

Lung Hwa Electronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$196.1 Mil. Lung Hwa Electronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$66.3 Mil. Lung Hwa Electronics Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$294.8 Mil. Lung Hwa Electronics Co's debt to equity for the quarter that ended in Sep. 2024 was 0.89.

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 Lung Hwa Electronics Co's Debt-to-Equity or its related term are showing as below:

TPE:2424' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 1.16   Max: 3.25
Current: 0.89

During the past 13 years, the highest Debt-to-Equity Ratio of Lung Hwa Electronics Co was 3.25. The lowest was 0.00. And the median was 1.16.

TPE:2424's Debt-to-Equity is ranked worse than
83.18% of 2182 companies
in the Hardware industry
Industry Median: 0.29 vs TPE:2424: 0.89

Lung Hwa Electronics Co Debt-to-Equity Historical Data

The historical data trend for Lung Hwa Electronics 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.

Lung Hwa Electronics Co Debt-to-Equity Chart

Lung Hwa Electronics Co 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 1.23 3.25 1.02 0.80 1.14

Lung Hwa Electronics 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 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 1.30 1.14 1.19 1.00 0.89

Competitive Comparison of Lung Hwa Electronics Co's Debt-to-Equity

For the Consumer Electronics subindustry, Lung Hwa Electronics 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.


Lung Hwa Electronics Co's Debt-to-Equity Distribution in the Hardware Industry

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

* The bar in red indicates where Lung Hwa Electronics Co's Debt-to-Equity falls into.



Lung Hwa Electronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lung Hwa Electronics Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Lung Hwa Electronics Co's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Lung Hwa Electronics Co  (TPE:2424) 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.


Lung Hwa Electronics Co Debt-to-Equity Related Terms

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Lung Hwa Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
15th Floor, No. 32, Section 3, Bade Road, Songshan District, Taipei, TWN, 10559
Lung Hwa Electronics Co Ltd The main business items of the company are smart homes, vehicle multimedia management systems, fleet movement control, and management systems, etc. R&D, manufacturing and sales, industrial plant development, leasing and sales, maritime broadband data services.

Lung Hwa Electronics Co Headlines

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