Evergreen Aviation Technologies (TPE:2645) Debt-to-Equity : 0.68 (As of Mar. 2024)

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What is Evergreen Aviation Technologies Debt-to-Equity?

Evergreen Aviation Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,131 Mil. Evergreen Aviation Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$6,933 Mil. Evergreen Aviation Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$11,816 Mil. Evergreen Aviation Technologies's debt to equity for the quarter that ended in Mar. 2024 was 0.68.

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 Evergreen Aviation Technologies's Debt-to-Equity or its related term are showing as below:

TPE:2645' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.64 Med: 0.96 Max: 1.31
Current: 0.68

During the past 6 years, the highest Debt-to-Equity Ratio of Evergreen Aviation Technologies was 1.31. The lowest was 0.64. And the median was 0.96.

TPE:2645's Debt-to-Equity is ranked worse than
57.34% of 886 companies
in the Transportation industry
Industry Median: 0.55 vs TPE:2645: 0.68

Evergreen Aviation Technologies Debt-to-Equity Historical Data

The historical data trend for Evergreen Aviation Technologies'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.

Evergreen Aviation Technologies Debt-to-Equity Chart

Evergreen Aviation Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.09

1.24

1.16

0.85

0.64

Evergreen Aviation Technologies Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial											0.79	0.73	0.66	0.64	0.68

Competitive Comparison of Evergreen Aviation Technologies's Debt-to-Equity

For the Airports & Air Services subindustry, Evergreen Aviation Technologies'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.

Evergreen Aviation Technologies's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Evergreen Aviation Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Evergreen Aviation Technologies's Debt-to-Equity falls into.

Evergreen Aviation Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Evergreen Aviation Technologies'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
	=	(1497.77	+	6743.699)	/	12958.924
	=	0.64

Evergreen Aviation Technologies'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
	=	(1131.127	+	6933.075)	/	11815.951
	=	0.68

Evergreen Aviation Technologies (TPE:2645) 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.

Evergreen Aviation Technologies Debt-to-Equity Related Terms

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Evergreen Aviation Technologies (TPE:2645) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Evergreen Aviation Technologies Corp (TPE:2645) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Hang-Zhan South Road, Taiwan Taoyuan International Airport, Dayuan District, Taoyuan, TWN, 337

Website

https://www.egat.com.tw

Evergreen Aviation Technologies Corp is engaged in delivering aircraft maintenance solutions to airline partners. It offers various services such as Ramp and Aog services, HMV and Base services, Aircraft conversion, and Component LRU Overhauls among others. The company's segmen includes Maintenance and Manufacturing. It generates maximum revenue from the Maintenance segment.

Evergreen Aviation Technologies (TPE:2645) Headlines

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