Kindom Development Co (TPE:2520) Debt-to-Equity : 1.12 (As of Mar. 2024)

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What is Kindom Development Co Debt-to-Equity?

Kindom Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$16,254 Mil. Kindom Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$5,728 Mil. Kindom Development Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$19,719 Mil. Kindom Development Co's debt to equity for the quarter that ended in Mar. 2024 was 1.11.

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

TPE:2520' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.12 Med: 2.07 Max: 2.87
Current: 1.12

During the past 13 years, the highest Debt-to-Equity Ratio of Kindom Development Co was 2.87. The lowest was 1.12. And the median was 2.07.

TPE:2520's Debt-to-Equity is ranked worse than
63.77% of 1579 companies
in the Real Estate industry
Industry Median: 0.75 vs TPE:2520: 1.12

Kindom Development Co Debt-to-Equity Historical Data

The historical data trend for Kindom Development 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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Kindom Development Co Debt-to-Equity Chart

Kindom Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.30

1.78

1.39

1.32

1.14

Kindom Development 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															1.22	1.24	1.29	1.14	1.12

Competitive Comparison of Kindom Development Co's Debt-to-Equity

For the Real Estate - Diversified subindustry, Kindom Development 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.

Kindom Development Co's Debt-to-Equity Distribution in the Real Estate Industry

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

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

Kindom Development Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kindom Development 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
	=	(16917.125	+	5875.028)	/	19961.808
	=	1.14

Kindom Development 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
	=	(16253.912	+	5727.789)	/	19719.467
	=	1.11

Kindom Development Co (TPE:2520) 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.

Kindom Development Co Debt-to-Equity Related Terms

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Kindom Development Co (TPE:2520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kindom Development Co Ltd (TPE:2520) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 131, Heping East Road, 2nd Floor, Section 3, Daan District, Taipei, TWN, 106

Website

https://www.kindom.com.tw

Kindom Development Co Ltd is a Taiwan-based company that develops, sells, and leases residential and commercial properties. The company operates through three segments. The Development segment develops residential and commercial buildings for rental leases and sales. The Construction segment comprises building engineering businesses, which include the construction of office buildings, factories, hospitals, and residential buildings. This segment is also engaged in civil engineering businesses that include road engineering and bridge engineering. The Department Stores segment operates and leases shopping centers, car parks, and movie theatres.

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