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SYNergy ScienTech (TPE:6558) Debt-to-Equity : 0.09 (As of Mar. 2024)


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What is SYNergy ScienTech Debt-to-Equity?

SYNergy ScienTech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$129 Mil. SYNergy ScienTech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$0 Mil. SYNergy ScienTech's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$1,501 Mil. SYNergy ScienTech's debt to equity for the quarter that ended in Mar. 2024 was 0.09.

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

TPE:6558' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.38   Max: 0.6
Current: 0.09

During the past 12 years, the highest Debt-to-Equity Ratio of SYNergy ScienTech was 0.60. The lowest was 0.00. And the median was 0.38.

TPE:6558's Debt-to-Equity is ranked better than
76.26% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs TPE:6558: 0.09

SYNergy ScienTech Debt-to-Equity Historical Data

The historical data trend for SYNergy ScienTech'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.

SYNergy ScienTech Debt-to-Equity Chart

SYNergy ScienTech 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 0.38 0.39 0.52 0.29 0.29

SYNergy ScienTech 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 N/A 0.26 0.26 0.29 0.09

Competitive Comparison of SYNergy ScienTech's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, SYNergy ScienTech'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.


SYNergy ScienTech's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SYNergy ScienTech's Debt-to-Equity distribution charts can be found below:

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



SYNergy ScienTech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SYNergy ScienTech's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

SYNergy ScienTech'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.


SYNergy ScienTech  (TPE:6558) 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.


SYNergy ScienTech Debt-to-Equity Related Terms

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SYNergy ScienTech (TPE:6558) Business Description

Traded in Other Exchanges
N/A
Address
6F-3, No.9, Prosperity 1st Rd, East Dist., Hsinchu Science Park, Hsinchu, TWN, 30078
SYNergy ScienTech Corp is a Taiwan based company engaged in the development and manufacturing of rechargeable lithium-ion and lithium-ion polymer batteries. Geographically, it derives revenue from Taiwan Asia Americas and Europe.

SYNergy ScienTech (TPE:6558) Headlines

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