Hannstar Display (TPE:6116) Debt-to-Equity : 0.16 (As of Mar. 2024)

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What is Hannstar Display Debt-to-Equity?

Hannstar Display's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,572 Mil. Hannstar Display's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$4,751 Mil. Hannstar Display's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$40,231 Mil. Hannstar Display's debt to equity for the quarter that ended in Mar. 2024 was 0.16.

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 Hannstar Display's Debt-to-Equity or its related term are showing as below:

TPE:6116' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.16
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Hannstar Display was 0.16. The lowest was 0.02. And the median was 0.05.

TPE:6116's Debt-to-Equity is ranked better than
64.78% of 2195 companies
in the Hardware industry
Industry Median: 0.29 vs TPE:6116: 0.16

Hannstar Display Debt-to-Equity Historical Data

The historical data trend for Hannstar Display'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.

Hannstar Display Debt-to-Equity Chart

Hannstar Display Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.04

0.02

0.06

0.10

Hannstar Display 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															0.06	0.06	0.09	0.10	0.16

Competitive Comparison of Hannstar Display's Debt-to-Equity

For the Electronic Components subindustry, Hannstar Display'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.

Hannstar Display's Debt-to-Equity Distribution in the Hardware Industry

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

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

Hannstar Display Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hannstar Display'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
	=	(769.823	+	3291.296)	/	41529.483
	=	0.10

Hannstar Display'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
	=	(1572.246	+	4750.583)	/	40230.787
	=	0.16

Hannstar Display (TPE:6116) 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.

Hannstar Display Debt-to-Equity Related Terms

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

Hannstar Display (TPE:6116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hannstar Display Corp (TPE:6116) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 168, Xingshan Road, 4Floor, No.15, Neihu District, Taipei, TWN, 11469

Website

https://www.hannstar.com

Hannstar Display Corp is a Taiwan-based manufacturer and seller of TFT-LCD panels, flat-panel displays, CCTV and related components. The firm has two fabrication facilities, one facility to manufacture liquid crystal displays, and one facility to manufacture liquid crystal monitors. These display products are low-radiation, low energy consumption, and lightweight. Hannstar display products are sold primarily to original equipment manufacturers of computer products. The firm has operations in Taiwan and China.

Hannstar Display (TPE:6116) Headlines

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