Tonlin Department Store Co (TPE:2910) Debt-to-Equity: 1.29 (As of Jun. 2026) — Near Median

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TPE:2910 Tonlin Department Store Co Ltd TPE:2910
76 GF Score
Price NT$24.15
GF Value NT$21.09
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Tonlin Department Store Co Debt-to-Equity?

Tonlin Department Store Co TPE:2910 -0.41% 76 Debt-to-Equity is 1.29 as of Jun. 2026, which is 2% below its 10-year median of 1.32. GuruFocus rates TPE:2910 with a GF Score™ of 76/100 and a GF Value™ of NT$21.09 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,009 Retail - Cyclical companies, Tonlin Department Store Co ranks worse than 77.5% on this metric.

Tonlin Department Store Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$703.0 Mil. Tonlin Department Store Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$2,874.5 Mil. Tonlin Department Store Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$2,767.7 Mil. Tonlin Department Store Co's debt to equity for the quarter that ended in Jun. 2026 was 1.29.

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 Tonlin Department Store Co's Debt-to-Equity or its related term are showing as below:

TPE:2910' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.98   Med: 1.32   Max: 1.62
Current: 1.29

During the past 13 years, the highest Debt-to-Equity Ratio of Tonlin Department Store Co was 1.62. The lowest was 0.98. And the median was 1.32.

TPE:2910's Debt-to-Equity is ranked worse than
77.5% of 1009 companies
in the Retail - Cyclical industry
Industry Median: 0.56 vs TPE:2910: 1.29

Tonlin Department Store Co  (TPE:2910) 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.


Tonlin Department Store Co Debt-to-Equity Related Terms


Tonlin Department Store Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Tonlin Department Store 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.

Tonlin Department Store Co Debt-to-Equity Chart

Tonlin Department Store Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 1.20 0.98 1.02 1.14

Tonlin Department Store Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.10 1.13 1.14 1.22 1.29

TPE:2910 vs DDS, M: Debt-to-Equity Comparison

For the Department Stores subindustry, Tonlin Department Store 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.


Tonlin Department Store Co Debt-to-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tonlin Department Store Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tonlin Department Store Co's Debt-to-Equity falls into.


TPE:2910
76GF Score
Tonlin Department Store Co Ltd TPE:2910
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Tonlin Department Store Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tonlin Department Store Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Tonlin Department Store Co's Debt to Equity Ratio for the quarter that ended in Jun. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.29 mean?
Tonlin Department Store Co (TPE:2910) has a Debt-to-Equity of 1.29 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tonlin Department Store Co and its competitors. This is near median its historical median of 1.32. Over the past decade, Tonlin Department Store Co's Debt-to-Equity has ranged from 0.98 to 1.62. According to the industry distribution chart, Tonlin Department Store Co ranks #782 out of 1009 companies in the Retail - Cyclical industry, placing it in the top 77.5%.
Is Tonlin Department Store Co's Debt-to-Equity too high?
Tonlin Department Store Co's current Debt-to-Equity of 1.29 is near median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 1.62. The Retail - Cyclical industry median Debt-to-Equity is 0.56. Tonlin Department Store Co's value of 1.29 is 130.4% above this industry median. Based on the distribution chart, Tonlin Department Store Co ranks #782 out of 1009 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Tonlin Department Store Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tonlin Department Store Co's Debt-to-Equity compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Tonlin Department Store Co ranks #782 out of 1009 companies for Debt-to-Equity. This places Tonlin Department Store Co in the lower half of its industry. The industry median Debt-to-Equity is 0.56. Tonlin Department Store Co's value of 1.29 is 130.4% above this benchmark. Historically, Tonlin Department Store Co's own Debt-to-Equity has ranged from 0.98 to 1.62 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 0.56, Tonlin Department Store Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.56, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tonlin Department Store Co's current Debt-to-Equity of 1.29 is 130.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tonlin Department Store Co and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tonlin Department Store Co's current Debt-to-Equity is 1.29, which is near median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tonlin Department Store Co stock overvalued right now?
Based on GuruFocus' analysis, Tonlin Department Store Co (TPE:2910) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$21.09, compared to a current price of NT$24.15 — trading 14.5% above its estimated fair value. The current Debt-to-Equity is 1.29, which is near median its 10-year median of 1.32 and 130.4% above the Retail - Cyclical industry median of 0.56. Tonlin Department Store Co's overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Tonlin Department Store Co (TPE:2910), the current Debt-to-Equity is 1.29 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tonlin Department Store Co (TPE:2910) Overvalued in 2026?

Based on GuruFocus' analysis, Tonlin Department Store Co stock appears to be overvalued. The current stock price of NT$24.15 is trading 14.5% above its estimated GF Value™ of NT$21.09. GuruFocus considers Tonlin Department Store Co to be Modestly Overvalued.

Key valuation signals for TPE:2910:

  • Debt-to-Equity: 1.29 (near median its 10-year median of 1.32)
  • GF Value™: NT$21.09 vs. price of NT$24.15 (14.5% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 130.4% above the Retail - Cyclical median (#782 of 1009)

No single metric tells the full story. See the TPE:2910 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tonlin Department Store Co Business Description

Address Zhongxiao East Road, 10th Floor-6, No.197, Section 4, Taipei, TWN
Tonlin Department Store Co Ltd operates department stores offering men's and women's apparel and accessories, food, gifts, and general merchandise, among others. The reporting segments for the company are: Department store and Construction segment. Maximum revenue is generated from the Department store segment.
76GF Score

Get the complete analysis for TPE:2910

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$24.15
Price
NT$21.09
GF Value