Aerospace Industrial Development (TPE:2634) Debt-to-Equity : 0.90 (As of Mar. 2024)

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What is Aerospace Industrial Development Debt-to-Equity?

Aerospace Industrial Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$11,236 Mil. Aerospace Industrial Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$4,938 Mil. Aerospace Industrial Development's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$17,963 Mil. Aerospace Industrial Development's debt to equity for the quarter that ended in Mar. 2024 was 0.90.

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

TPE:2634' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 1.22 Max: 2.01
Current: 0.9

During the past 13 years, the highest Debt-to-Equity Ratio of Aerospace Industrial Development was 2.01. The lowest was 0.32. And the median was 1.22.

TPE:2634's Debt-to-Equity is ranked worse than
75.49% of 257 companies
in the Aerospace & Defense industry
Industry Median: 0.44 vs TPE:2634: 0.90

Aerospace Industrial Development Debt-to-Equity Historical Data

The historical data trend for Aerospace Industrial Development'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.

Aerospace Industrial Development Debt-to-Equity Chart

Aerospace Industrial Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.67

1.68

1.34

1.12

0.93

Aerospace Industrial Development 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	1.32	1.47	0.93	0.90

Competitive Comparison of Aerospace Industrial Development's Debt-to-Equity

For the Aerospace & Defense subindustry, Aerospace Industrial Development'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.

Aerospace Industrial Development's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aerospace Industrial Development's Debt-to-Equity distribution charts can be found below:

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

Aerospace Industrial Development Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aerospace Industrial Development'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
	=	(11047.8	+	4895.099)	/	17099.34
	=	0.93

Aerospace Industrial Development'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
	=	(11236.285	+	4937.794)	/	17963.432
	=	0.90

Aerospace Industrial Development (TPE:2634) 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.

Aerospace Industrial Development Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Aerospace Industrial Development's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Aerospace Industrial Development (TPE:2634) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Aerospace Industrial Development Corp (TPE:2634) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1, Hanxiang Road, Xitun District, Taichung, TWN, 407803

Website

http://www.aidc.com.tw

Aerospace Industrial Development Corp is involved in the manufacturing and development of aerospace and defense products. The company's products and services include Commercial Aircraft, Military Aircraft, Engines, Aircraft Maintenance & Avionics, and Flight & Technology Services. Its geographical segments are Asia, America, and Europe.

Aerospace Industrial Development (TPE:2634) Headlines

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