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Thinking Electronic Industrial Co (TPE:2428) Debt-to-Equity : 0.27 (As of Sep. 2024)


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What is Thinking Electronic Industrial Co Debt-to-Equity?

Thinking Electronic Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$1,942 Mil. Thinking Electronic Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$820 Mil. Thinking Electronic Industrial Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$10,103 Mil. Thinking Electronic Industrial Co's debt to equity for the quarter that ended in Sep. 2024 was 0.27.

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 Thinking Electronic Industrial Co's Debt-to-Equity or its related term are showing as below:

TPE:2428' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.09   Max: 0.29
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Thinking Electronic Industrial Co was 0.29. The lowest was 0.04. And the median was 0.09.

TPE:2428's Debt-to-Equity is ranked better than
51.92% of 2182 companies
in the Hardware industry
Industry Median: 0.29 vs TPE:2428: 0.27

Thinking Electronic Industrial Co Debt-to-Equity Historical Data

The historical data trend for Thinking Electronic Industrial 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.

Thinking Electronic Industrial Co Debt-to-Equity Chart

Thinking Electronic Industrial 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 0.06 0.16 0.21 0.22 0.15

Thinking Electronic Industrial 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 0.17 0.15 0.16 0.19 0.27

Competitive Comparison of Thinking Electronic Industrial Co's Debt-to-Equity

For the Electronic Components subindustry, Thinking Electronic Industrial 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.


Thinking Electronic Industrial Co's Debt-to-Equity Distribution in the Hardware Industry

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

* The bar in red indicates where Thinking Electronic Industrial Co's Debt-to-Equity falls into.



Thinking Electronic Industrial Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thinking Electronic Industrial Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Thinking Electronic Industrial 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.


Thinking Electronic Industrial Co  (TPE:2428) 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.


Thinking Electronic Industrial Co Debt-to-Equity Related Terms

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Thinking Electronic Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
8th Floor, No.93, Dashun 1st Road, Zuoying District, Kaohsiung, TWN, 81357
Thinking Electronic Industrial Co Ltd manufactures, processes, and sells electric devices, thermistors, varistors, and wires. The product portfolio offers a negative temperature coefficient thermistor, zinc oxide varistors, ceramic positive temperature thermistors, polymer positive temperature coefficient thermistors (Polymer PTC resettable fuse), temperature sensors, and gas discharge tubes. The company has five reportable segments which include Thinking Electronic Industrial, Yenyo, Thinking Changzhou, Guangdong, and Dongguan Welkin. It generates the majority of the revenue from Thinking Electronic Industrial segment.

Thinking Electronic Industrial Co Headlines

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