Sinbon Electronics Co (TPE:3023) Debt-to-Equity : 0.29 (As of Dec. 2024)

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What is Sinbon Electronics Co Debt-to-Equity?

Sinbon Electronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$4,220 Mil. Sinbon Electronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$179 Mil. Sinbon Electronics Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$15,281 Mil. Sinbon Electronics Co's debt to equity for the quarter that ended in Dec. 2024 was 0.29.

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 Sinbon Electronics Co's Debt-to-Equity or its related term are showing as below:

TPE:3023' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.37 Max: 0.6
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Sinbon Electronics Co was 0.60. The lowest was 0.29. And the median was 0.37.

TPE:3023's Debt-to-Equity is ranked worse than
51.01% of 2174 companies
in the Hardware industry
Industry Median: 0.28 vs TPE:3023: 0.29

Sinbon Electronics Co Debt-to-Equity Historical Data

The historical data trend for Sinbon Electronics 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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Sinbon Electronics Co Debt-to-Equity Chart

Sinbon Electronics Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.60

0.53

0.44

0.31

0.29

Sinbon Electronics Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.31	0.22	0.22	0.26	0.29

Competitive Comparison of Sinbon Electronics Co's Debt-to-Equity

For the Electronic Components subindustry, Sinbon Electronics 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.

Sinbon Electronics Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sinbon Electronics Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sinbon Electronics Co's Debt-to-Equity falls into.

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Sinbon Electronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sinbon Electronics Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(4219.568	+	178.863)	/	15280.571
	=	0.29

Sinbon Electronics Co's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(4219.568	+	178.863)	/	15280.571
	=	0.29

Sinbon Electronics Co (TPE:3023) 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.

Sinbon Electronics Co Debt-to-Equity Related Terms

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Sinbon Electronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sinbon Electronics Co Ltd (TPE:3023) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.582, Kuo-Hwa Road, Miaoli 360, Miaoli, TWN

Website

https://www.sinbon.com

Sinbon Electronics Co Ltd is a technological company that offers design manufacturing integration services of connectors, bulk cable and cable assemblies, radio frequency products, printed circuit boards and PCB assembly, box build solutions, and passive and active components. The firm offers its extensive range of value-added services in the medical health, automotive, renewable green energy, industrial, and iComponent Solution. The company is present in Taiwan, China, Japan, the U.K., and the U.S.

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