TSEC (TPE:6443) Debt-to-Equity : 0.37 (As of Sep. 2024)

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What is TSEC Debt-to-Equity?

TSEC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$909 Mil. TSEC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$1,861 Mil. TSEC's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$7,501 Mil. TSEC's debt to equity for the quarter that ended in Sep. 2024 was 0.37.

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

TPE:6443' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.78 Max: 1.59
Current: 0.37

During the past 12 years, the highest Debt-to-Equity Ratio of TSEC was 1.59. The lowest was 0.36. And the median was 0.78.

TPE:6443's Debt-to-Equity is ranked worse than
58.39% of 882 companies
in the Semiconductors industry
Industry Median: 0.27 vs TPE:6443: 0.37

TSEC Debt-to-Equity Historical Data

The historical data trend for TSEC'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.

TSEC Debt-to-Equity Chart

TSEC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.76

0.78

0.62

0.56

0.40

TSEC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.39	0.40	0.36	0.38	0.37

Competitive Comparison of TSEC's Debt-to-Equity

For the Solar subindustry, TSEC'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.

TSEC's Debt-to-Equity Distribution in the Semiconductors Industry

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

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

TSEC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TSEC'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
	=	(952.432	+	2072.968)	/	7646.034
	=	0.40

TSEC's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(909.443	+	1860.609)	/	7501.28
	=	0.37

TSEC (TPE:6443) 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.

TSEC Debt-to-Equity Related Terms

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

TSEC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » TSEC Corp (TPE:6443) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Beixin Road, 8th Floor, No. 225, Sector 3, Xindian District, Taipei City, TWN, 23143

Website

https://www.tsecpv.com

TSEC Corp is a Taiwan based PV manufacturing company. The company is engaged in the design, manufacture, construction, and sale of solar cells, modules, and power plants. It focuses on solar cells and module R&D, production, and sales, it also provides system integration services for power plant construction and long-term maintenance.

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