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Shin Foong Specialty and Applied Materials Co (TPE:6582) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Shin Foong Specialty and Applied Materials Co Debt-to-Equity?

Shin Foong Specialty and Applied Materials Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$2.6 Mil. Shin Foong Specialty and Applied Materials Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1.1 Mil. Shin Foong Specialty and Applied Materials Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$5,937.6 Mil. Shin Foong Specialty and Applied Materials Co's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Shin Foong Specialty and Applied Materials Co's Debt-to-Equity or its related term are showing as below:

During the past 10 years, the highest Debt-to-Equity Ratio of Shin Foong Specialty and Applied Materials Co was 0.10. The lowest was 0.00. And the median was 0.00.

TPE:6582's Debt-to-Equity is not ranked *
in the Chemicals industry.
Industry Median: 0.36
* Ranked among companies with meaningful Debt-to-Equity only.

Shin Foong Specialty and Applied Materials Co Debt-to-Equity Historical Data

The historical data trend for Shin Foong Specialty and Applied Materials 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.

Shin Foong Specialty and Applied Materials Co Debt-to-Equity Chart

Shin Foong Specialty and Applied Materials Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Shin Foong Specialty and Applied Materials Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Shin Foong Specialty and Applied Materials Co's Debt-to-Equity

For the Specialty Chemicals subindustry, Shin Foong Specialty and Applied Materials 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.


Shin Foong Specialty and Applied Materials Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shin Foong Specialty and Applied Materials Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shin Foong Specialty and Applied Materials Co's Debt-to-Equity falls into.



Shin Foong Specialty and Applied Materials Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shin Foong Specialty and Applied Materials Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Shin Foong Specialty and Applied Materials 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.


Shin Foong Specialty and Applied Materials Co  (TPE:6582) 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.


Shin Foong Specialty and Applied Materials Co Debt-to-Equity Related Terms

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Shin Foong Specialty and Applied Materials Co (TPE:6582) Business Description

Traded in Other Exchanges
N/A
Address
No.55, Section 3, Zhongshan Road, Ping Tung, Fangliao, TWN, 80247
Shin Foong Specialty and Applied Materials Co is engaged in manufacturing synthetic SBR and NBR rubber latex. Its products are used in paper coating, adhesive for carpet, fabrics, wood, non-woven and innersole saturation, cement mortar, and glove dipping. Its products used in paper coating, carpet backing, non-woven and innersole saturation, veneer adhesion, and cement mortar.

Shin Foong Specialty and Applied Materials Co (TPE:6582) Headlines

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