GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lida Holdings Ltd (TPE:4552) » Definitions » Debt-to-Equity

Lida Holdings (TPE:4552) Debt-to-Equity : 0.06 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Lida Holdings Debt-to-Equity?

Lida Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$390 Mil. Lida Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$0 Mil. Lida Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$6,100 Mil. Lida Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.06.

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

TPE:4552' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.07
Current: 0.06

During the past 10 years, the highest Debt-to-Equity Ratio of Lida Holdings was 0.07. The lowest was 0.01. And the median was 0.03.

TPE:4552's Debt-to-Equity is ranked better than
81.54% of 2617 companies
in the Industrial Products industry
Industry Median: 0.29 vs TPE:4552: 0.06

Lida Holdings Debt-to-Equity Historical Data

The historical data trend for Lida Holdings'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.

Lida Holdings Debt-to-Equity Chart

Lida Holdings 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 0.04 0.03 0.03 0.03 0.06

Lida Holdings 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 0.03 0.06 0.07 0.06 0.06

Competitive Comparison of Lida Holdings's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Lida Holdings'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.


Lida Holdings's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lida Holdings's Debt-to-Equity distribution charts can be found below:

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



Lida Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Lida Holdings'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.


Lida Holdings  (TPE:4552) 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.


Lida Holdings Debt-to-Equity Related Terms

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


Lida Holdings (TPE:4552) Business Description

Traded in Other Exchanges
N/A
Address
No.51, Sec. 2, Keelung Road, 3rd Floor, Xinyi District, Taipei, TWN, 11052
Lida Holdings Ltd is a Chinese company primarily engaged in the design, manufacture, and sales of mechanical and electrical products such as air compressors, electric welding machines, and electrical tools. . It mainly produces a piston compressor, screw compressor, scroll compressor. It brands include Luowei, Lida and Eagleland. Geographically, it derives a majority of its revenue from China and also has a presence in Australia; Korea; Turkey; Malaysia; South Africa; France; Belgium; Indonesia, and other countries.

Lida Holdings (TPE:4552) Headlines

No Headlines