Nan Pao Resins Chemical Co (TPE:4766) Debt-to-Equity : 0.35 (As of Mar. 2024)

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What is Nan Pao Resins Chemical Co Debt-to-Equity?

Nan Pao Resins Chemical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$2,302 Mil. Nan Pao Resins Chemical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$2,005 Mil. Nan Pao Resins Chemical Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$12,225 Mil. Nan Pao Resins Chemical Co's debt to equity for the quarter that ended in Mar. 2024 was 0.35.

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 Nan Pao Resins Chemical Co's Debt-to-Equity or its related term are showing as below:

TPE:4766' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.35 Max: 0.56
Current: 0.35

During the past 11 years, the highest Debt-to-Equity Ratio of Nan Pao Resins Chemical Co was 0.56. The lowest was 0.25. And the median was 0.35.

TPE:4766's Debt-to-Equity is ranked better than
51.36% of 1394 companies
in the Chemicals industry
Industry Median: 0.355 vs TPE:4766: 0.35

Nan Pao Resins Chemical Co Debt-to-Equity Historical Data

The historical data trend for Nan Pao Resins Chemical 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.

Nan Pao Resins Chemical Co Debt-to-Equity Chart

Nan Pao Resins Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.35

0.36

0.32

0.27

Nan Pao Resins Chemical 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															0.29	0.25	0.29	0.27	0.35

Competitive Comparison of Nan Pao Resins Chemical Co's Debt-to-Equity

For the Specialty Chemicals subindustry, Nan Pao Resins Chemical 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.

Nan Pao Resins Chemical Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nan Pao Resins Chemical Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nan Pao Resins Chemical Co's Debt-to-Equity falls into.

Nan Pao Resins Chemical Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nan Pao Resins Chemical Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(2081.051	+	1527.569)	/	13177.213
	=	0.27

Nan Pao Resins Chemical Co's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(2302.498	+	2004.698)	/	12224.973
	=	0.35

Nan Pao Resins Chemical Co (TPE:4766) 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.

Nan Pao Resins Chemical Co Debt-to-Equity Related Terms

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Nan Pao Resins Chemical Co (TPE:4766) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nan Pao Resins Chemical Co Ltd (TPE:4766) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 519, Zhongshan Road, Xigang District, Tainan, TWN, 723

Website

https://www.adhesivegluemaker.com

Nan Pao Resins Chemical Co Ltd is a manufacturing, wholesale, and retail of synthetic resins, synthetic plastics, adhesives, resin coatings, dyes, and pigments. Its main products include adhesives, coatings, construction materials, and others. The company's geographical segment includes Taiwan, Mainland China, Vietnam, Australia, and Other Regions. It generates a vast majority of revenue from the sales of adhesives in Asia.

Nan Pao Resins Chemical Co (TPE:4766) Headlines

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