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Taiwan Tea (TPE:2913) Debt-to-Equity : 0.41 (As of Sep. 2024)


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What is Taiwan Tea Debt-to-Equity?

Taiwan Tea's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$555.8 Mil. Taiwan Tea's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$4,550.0 Mil. Taiwan Tea's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$12,570.2 Mil. Taiwan Tea's debt to equity for the quarter that ended in Sep. 2024 was 0.41.

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 Taiwan Tea's Debt-to-Equity or its related term are showing as below:

TPE:2913' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 0.33   Max: 0.43
Current: 0.41

During the past 13 years, the highest Debt-to-Equity Ratio of Taiwan Tea was 0.43. The lowest was 0.11. And the median was 0.33.

TPE:2913's Debt-to-Equity is ranked worse than
50.36% of 1658 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs TPE:2913: 0.41

Taiwan Tea Debt-to-Equity Historical Data

The historical data trend for Taiwan Tea'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.

Taiwan Tea Debt-to-Equity Chart

Taiwan Tea Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.38 0.43 0.43 0.41

Taiwan Tea Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.40 0.41 0.41 0.42 0.41

Competitive Comparison of Taiwan Tea's Debt-to-Equity

For the Farm Products subindustry, Taiwan Tea'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.


Taiwan Tea's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Taiwan Tea's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Taiwan Tea's Debt-to-Equity falls into.



Taiwan Tea Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taiwan Tea's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Taiwan Tea's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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.


Taiwan Tea  (TPE:2913) 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.


Taiwan Tea Debt-to-Equity Related Terms

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


Taiwan Tea Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Zhonghua Road, Hukou Township, Hsinchu, TWN
Taiwan Tea Corp plants, cultivates and distributes tea and other tea ingredients. It plants tea trees and cultivates tea plantations. The tea leaves are roasted and processed into tea ingredients, packaged, and distributed to Asia and Australia. The company has a diverse range of customers, including large tea factories and channels such as bubble teashops, breakfast shops, and chain restaurants. Additionally, Taiwan Tea has an engineering division to sell building materials and take on interior fitting projects. It utilizes contracts to help provide stock and customized solutions to customers. The company's operating segments are Trade and department stores; and Assets.

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