Mercuries Data Systems (TPE:2427) Debt-to-Equity : 0.83 (As of Sep. 2024)

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What is Mercuries Data Systems Debt-to-Equity?

Mercuries Data Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$1,229 Mil. Mercuries Data Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$1,337 Mil. Mercuries Data Systems's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$3,084 Mil. Mercuries Data Systems's debt to equity for the quarter that ended in Sep. 2024 was 0.83.

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 Mercuries Data Systems's Debt-to-Equity or its related term are showing as below:

TPE:2427' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.54 Max: 0.88
Current: 0.83

During the past 13 years, the highest Debt-to-Equity Ratio of Mercuries Data Systems was 0.88. The lowest was 0.10. And the median was 0.54.

TPE:2427's Debt-to-Equity is ranked worse than
81.77% of 2617 companies
in the Industrial Products industry
Industry Median: 0.29 vs TPE:2427: 0.83

Mercuries Data Systems Debt-to-Equity Historical Data

The historical data trend for Mercuries Data Systems'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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Mercuries Data Systems Debt-to-Equity Chart

Mercuries Data Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.52

0.46

0.48

0.72

0.67

Mercuries Data Systems 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															0.74	0.67	0.69	0.59	0.83

Competitive Comparison of Mercuries Data Systems's Debt-to-Equity

For the Business Equipment & Supplies subindustry, Mercuries Data Systems'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.

Mercuries Data Systems's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mercuries Data Systems's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mercuries Data Systems's Debt-to-Equity falls into.

Mercuries Data Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mercuries Data Systems'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
	=	(705.668	+	1339.684)	/	3055.641
	=	0.67

Mercuries Data Systems'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
	=	(1229.175	+	1337.346)	/	3083.752
	=	0.83

Mercuries Data Systems (TPE:2427) 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.

Mercuries Data Systems Debt-to-Equity Related Terms

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Mercuries Data Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mercuries Data Systems Ltd (TPE:2427) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

No.2, Lane 150, Section 5, Xinyi Road, 3rd Floor, Xinyi District, Taipei, TWN

Website

https://www.mds.com.tw

Mercuries Data Systems Ltd is an automated banking and self-service solution provider in Taiwan. It is engaged in sales, leasing, and maintenance of intelligence automation machines in financial service, as well as planning, development, construction, and maintenance of software and hardware accommodating for the integrated system. The company offers a wide range of automated teller machines (ATMs) and self-service solutions for the banking industries, from passbook entry machines and related equipment to ATMs. The segments of the company are classified as; System integration which derives key revenue, and the Financial services segment.

Mercuries Data Systems Headlines

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