Sun Max Tech (TPE:6591) Debt-to-Equity : 0.29 (As of Dec. 2024)

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What is Sun Max Tech Debt-to-Equity?

Sun Max Tech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$164 Mil. Sun Max Tech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$390 Mil. Sun Max Tech's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$1,927 Mil. Sun Max Tech's debt to equity for the quarter that ended in Dec. 2024 was 0.29.

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 Sun Max Tech's Debt-to-Equity or its related term are showing as below:

TPE:6591' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.19 Max: 0.52
Current: 0.29

During the past 12 years, the highest Debt-to-Equity Ratio of Sun Max Tech was 0.52. The lowest was 0.05. And the median was 0.19.

TPE:6591's Debt-to-Equity is ranked worse than
50.9% of 2177 companies
in the Hardware industry
Industry Median: 0.28 vs TPE:6591: 0.29

Sun Max Tech Debt-to-Equity Historical Data

The historical data trend for Sun Max Tech'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.

Sun Max Tech Debt-to-Equity Chart

Sun Max Tech Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.17

0.16

0.37

0.21

0.29

Sun Max Tech Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.21	0.18	0.15	0.16	0.29

Competitive Comparison of Sun Max Tech's Debt-to-Equity

For the Computer Hardware subindustry, Sun Max Tech'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.

Sun Max Tech's Debt-to-Equity Distribution in the Hardware Industry

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

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

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Sun Max Tech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sun Max Tech's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(163.751	+	389.908)	/	1927.293
	=	0.29

Sun Max Tech's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(163.751	+	389.908)	/	1927.293
	=	0.29

Sun Max Tech (TPE:6591) 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.

Sun Max Tech Debt-to-Equity Related Terms

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

Sun Max Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sun Max Tech Ltd (TPE:6591) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

802 West Bay Road, Oleander Way, P.O. Box 32052, The Grand Pavilion Commercial Centre, Grand Cayman, CYM, KY1-1208

Website

https://www.sun-max.com.tw

Sun Max Tech Ltd is engaged in the research and development, production, and sales of DC brushless cooling fans, liquid cooling pumps, and other computer-related accessories in Taiwan. Its products are mainly used for personal computers (PC), communications networks, and Industrial control. The company generates maximum revenue from a Cooling fan. Geographically, it derives a majority of its revenue from China and also has a presence in Taiwan and Other countries.

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