Eastech Holding (TPE:5225) Debt-to-Equity : 0.07 (As of Mar. 2024)

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What is Eastech Holding Debt-to-Equity?

Eastech Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$100 Mil. Eastech Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$82 Mil. Eastech Holding's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$2,750 Mil. Eastech Holding's debt to equity for the quarter that ended in Mar. 2024 was 0.07.

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 Eastech Holding's Debt-to-Equity or its related term are showing as below:

TPE:5225' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.66 Max: 1.44
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Eastech Holding was 1.44. The lowest was 0.04. And the median was 0.66.

TPE:5225's Debt-to-Equity is ranked better than
79.07% of 2188 companies
in the Hardware industry
Industry Median: 0.29 vs TPE:5225: 0.07

Eastech Holding Debt-to-Equity Historical Data

The historical data trend for Eastech Holding'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.

Eastech Holding Debt-to-Equity Chart

Eastech Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.38

1.27

0.88

0.18

0.11

Eastech Holding 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															0.20	0.16	0.09	0.11	0.07

Competitive Comparison of Eastech Holding's Debt-to-Equity

For the Consumer Electronics subindustry, Eastech Holding'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.

Eastech Holding's Debt-to-Equity Distribution in the Hardware Industry

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

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

Eastech Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eastech Holding'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
	=	(211.683	+	96.472)	/	2846.063
	=	0.11

Eastech Holding'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
	=	(99.619	+	82.378)	/	2749.987
	=	0.07

Eastech Holding (TPE:5225) 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.

Eastech Holding Debt-to-Equity Related Terms

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

Eastech Holding (TPE:5225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eastech Holding Ltd (TPE:5225) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8F-1, No. 188, Baoqiao Road, Xindian District, New Taipei City, TWN, 23145

Website

https://www.eastech.com

Eastech Holding Ltd is engaged in the design and manufacturing of acoustics, electronics, hardware, software, and systems engineering. Its transducers catalog covers standard design transducers, headphones and earphone transducers, scan-speak designed transducers, and others. The company offered products have applications in voice control products, Bluetooth systems, Wi-Fi systems, multi-channel sound systems, soundbar systems, active and passive speakers, home speakers, and headphones, among others. Geographically, the company operates in South Korea, Japan, China, Sweden, Denmark, and others and it derives a majority of its revenue from South Korea.

Eastech Holding (TPE:5225) Headlines

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