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General Plastic Industrial Co (TPE:6128) Debt-to-Equity : 0.66 (As of Mar. 2024)


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What is General Plastic Industrial Co Debt-to-Equity?

General Plastic Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,962 Mil. General Plastic Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$741 Mil. General Plastic Industrial Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$4,080 Mil. General Plastic Industrial Co's debt to equity for the quarter that ended in Mar. 2024 was 0.66.

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 General Plastic Industrial Co's Debt-to-Equity or its related term are showing as below:

TPE:6128' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.5   Med: 0.67   Max: 1.55
Current: 0.66

During the past 13 years, the highest Debt-to-Equity Ratio of General Plastic Industrial Co was 1.55. The lowest was 0.50. And the median was 0.67.

TPE:6128's Debt-to-Equity is ranked worse than
75.5% of 2188 companies
in the Hardware industry
Industry Median: 0.29 vs TPE:6128: 0.66

General Plastic Industrial Co Debt-to-Equity Historical Data

The historical data trend for General Plastic Industrial 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.

General Plastic Industrial Co Debt-to-Equity Chart

General Plastic Industrial 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 0.71 0.64 0.60 0.66

General Plastic Industrial 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 0.61 0.61 0.62 0.66 0.66

Competitive Comparison of General Plastic Industrial Co's Debt-to-Equity

For the Computer Hardware subindustry, General Plastic Industrial 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.


General Plastic Industrial Co's Debt-to-Equity Distribution in the Hardware Industry

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

* The bar in red indicates where General Plastic Industrial Co's Debt-to-Equity falls into.



General Plastic Industrial Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

General Plastic Industrial 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.


General Plastic Industrial Co  (TPE:6128) 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.


General Plastic Industrial Co Debt-to-Equity Related Terms

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General Plastic Industrial Co (TPE:6128) Business Description

Traded in Other Exchanges
N/A
Address
50. Tzu-Chiang Road, Wu-Chi Town, Taichung, TWN, 43547
General Plastic Industrial Co Ltd is a Taiwan-based company mainly engaged in the manufacture of copier and laser printer toner cartridges. The company provides OPC drum gears, multi-function toner, laser printer toner and copier toner cartridges, personal protective equipments.

General Plastic Industrial Co (TPE:6128) Headlines

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