Rich Honour International Designs Co (TPE:6754) Debt-to-Equity : 0.04 (As of Sep. 2024)

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What is Rich Honour International Designs Co Debt-to-Equity?

Rich Honour International Designs Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$85 Mil. Rich Honour International Designs Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$12 Mil. Rich Honour International Designs Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$2,293 Mil. Rich Honour International Designs Co's debt to equity for the quarter that ended in Sep. 2024 was 0.04.

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 Rich Honour International Designs Co's Debt-to-Equity or its related term are showing as below:

TPE:6754' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.05 Max: 0.82
Current: 0.04

During the past 8 years, the highest Debt-to-Equity Ratio of Rich Honour International Designs Co was 0.82. The lowest was 0.04. And the median was 0.05.

TPE:6754's Debt-to-Equity is ranked better than
89.67% of 910 companies
in the Business Services industry
Industry Median: 0.37 vs TPE:6754: 0.04

Rich Honour International Designs Co Debt-to-Equity Historical Data

The historical data trend for Rich Honour International Designs 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.

Rich Honour International Designs Co Debt-to-Equity Chart

Rich Honour International Designs Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.27

0.13

0.04

0.05

Rich Honour International Designs Co 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															0.05	0.05	0.04	0.04	0.04

Competitive Comparison of Rich Honour International Designs Co's Debt-to-Equity

For the Consulting Services subindustry, Rich Honour International Designs 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.

Rich Honour International Designs Co's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Rich Honour International Designs Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Rich Honour International Designs Co's Debt-to-Equity falls into.

Rich Honour International Designs Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rich Honour International Designs Co'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
	=	(95.144	+	5.421)	/	2151.332
	=	0.05

Rich Honour International Designs Co'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
	=	(85.266	+	12.27)	/	2292.925
	=	0.04

Rich Honour International Designs Co (TPE:6754) 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.

Rich Honour International Designs Co Debt-to-Equity Related Terms

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Rich Honour International Designs Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Rich Honour International Designs Co Ltd (TPE:6754) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Nanjing East Road, 12th Floor, No. 75, Section 4, Songshan District, Taipei, TWN, 105

Website

https://www.richhonour.com

Rich Honour International Designs Co Ltd is a Taiwan based company engaged in providing various business services such as Interior design, interior decoration, renovation, Project management, Master planing, Boutiques implementation design, Interior fitting-out, and others.

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