Taishin Financial Holdings Co (TPE:2887) Debt-to-Equity : 0.52 (As of Mar. 2024)

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What is Taishin Financial Holdings Co Debt-to-Equity?

Taishin Financial Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$0 Mil. Taishin Financial Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$115,388 Mil. Taishin Financial Holdings Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$221,553 Mil. Taishin Financial Holdings Co's debt to equity for the quarter that ended in Mar. 2024 was 0.52.

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 Taishin Financial Holdings Co's Debt-to-Equity or its related term are showing as below:

TPE:2887' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48 Med: 0.55 Max: 0.93
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Taishin Financial Holdings Co was 0.93. The lowest was 0.48. And the median was 0.55.

TPE:2887's Debt-to-Equity is ranked better than
58.52% of 1391 companies
in the Banks industry
Industry Median: 0.65 vs TPE:2887: 0.52

Taishin Financial Holdings Co Debt-to-Equity Historical Data

The historical data trend for Taishin Financial Holdings 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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Taishin Financial Holdings Co Debt-to-Equity Chart

Taishin Financial Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.52

0.54

0.55

0.49

0.51

Taishin Financial Holdings 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															0.48	0.50	0.53	0.51	0.52

Competitive Comparison of Taishin Financial Holdings Co's Debt-to-Equity

For the Banks - Regional subindustry, Taishin Financial Holdings 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.

Taishin Financial Holdings Co's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Taishin Financial Holdings Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Taishin Financial Holdings Co's Debt-to-Equity falls into.

Taishin Financial Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taishin Financial Holdings 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
	=	(0	+	111161.06)	/	216535.22
	=	0.51

Taishin Financial Holdings 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
	=	(0	+	115387.673)	/	221552.655
	=	0.52

Taishin Financial Holdings Co (TPE:2887) 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.

Taishin Financial Holdings Co Debt-to-Equity Related Terms

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Taishin Financial Holdings Co (TPE:2887) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Taishin Financial Holdings Co Ltd (TPE:2887) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

2887E.PFD:Taiwan

Address

No. 118, Section 4, Ren-ai Road, 12, 13, 15, 16, 21, 22 and 23 Floor, Daan District, Taipei, TWN, 106

Website

https://www.taishinholdings.com.tw

Taishin Financial Holdings Co Ltd is a Taiwanese holding company that provides comprehensive financial services. The company's main business activities are investing and managing its investments in financial institutions. The operation departments of the company are subsidiaries of the bank business, securities business, insurance business and other businesses, respectively.

Taishin Financial Holdings Co (TPE:2887) Headlines

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