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Aces Electronic Co (TPE:3605) Debt-to-Equity : 0.82 (As of Mar. 2024)


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What is Aces Electronic Co Debt-to-Equity?

Aces Electronic Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$2,301 Mil. Aces Electronic Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$2,104 Mil. Aces Electronic Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$5,371 Mil. Aces Electronic Co's debt to equity for the quarter that ended in Mar. 2024 was 0.82.

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

TPE:3605' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.48   Max: 0.86
Current: 0.82

During the past 13 years, the highest Debt-to-Equity Ratio of Aces Electronic Co was 0.86. The lowest was 0.08. And the median was 0.48.

TPE:3605's Debt-to-Equity is ranked worse than
81.61% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs TPE:3605: 0.82

Aces Electronic Co Debt-to-Equity Historical Data

The historical data trend for Aces Electronic 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.

* Premium members only.

Aces Electronic Co Debt-to-Equity Chart

Aces Electronic Co 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 0.52 0.63 0.64 0.69 0.79

Aces Electronic 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 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 0.83 0.86 0.82 0.79 0.82

Competitive Comparison of Aces Electronic Co's Debt-to-Equity

For the Electronic Components subindustry, Aces Electronic 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.


Aces Electronic Co's Debt-to-Equity Distribution in the Hardware Industry

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

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



Aces Electronic Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aces Electronic Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Aces Electronic Co's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Aces Electronic Co  (TPE:3605) 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.


Aces Electronic Co Debt-to-Equity Related Terms

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Aces Electronic Co (TPE:3605) Business Description

Traded in Other Exchanges
N/A
Address
No.13,Dongyuan Road, Zhongli District, Taoyuan, TWN, 32063
Aces Electronic Co Ltd is engaged in the electronic components business sector. The company offers connector solutions for various electronic applications like NB computers, cellular phones, digital cameras, and others. Aces provide shorter product development and production cycles for businesses. Its product portfolio consists of btb conn, card conn, battery conn, universal serial bus conn, power conn, and other. The Company has 4 reporting segments: connector, connector sets, metal stamping segment and other segment. The connector segment is mainly engaging in processing, manufacturing and selling of connectors. The connector sets segment is mainly engaging in manufacturing and sales of consumer electronics, communication peripherals and industrial connectors sets.

Aces Electronic Co (TPE:3605) Headlines

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