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Kingcan Holdings (TPE:8411) Debt-to-Equity : 1.04 (As of Sep. 2024)


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What is Kingcan Holdings Debt-to-Equity?

Kingcan Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$3,696 Mil. Kingcan Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$2,386 Mil. Kingcan Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$5,826 Mil. Kingcan Holdings's debt to equity for the quarter that ended in Sep. 2024 was 1.04.

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

TPE:8411' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3   Med: 0.64   Max: 1.14
Current: 1.04

During the past 13 years, the highest Debt-to-Equity Ratio of Kingcan Holdings was 1.14. The lowest was 0.30. And the median was 0.64.

TPE:8411's Debt-to-Equity is ranked worse than
80.83% of 360 companies
in the Packaging & Containers industry
Industry Median: 0.44 vs TPE:8411: 1.04

Kingcan Holdings Debt-to-Equity Historical Data

The historical data trend for Kingcan Holdings'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.

Kingcan Holdings Debt-to-Equity Chart

Kingcan Holdings 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 0.77 0.68 0.94 0.93 0.94

Kingcan Holdings 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 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 0.98 0.94 0.89 0.94 1.04

Competitive Comparison of Kingcan Holdings's Debt-to-Equity

For the Packaging & Containers subindustry, Kingcan Holdings'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.


Kingcan Holdings's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kingcan Holdings's Debt-to-Equity distribution charts can be found below:

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



Kingcan Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Kingcan Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Kingcan Holdings  (TPE:8411) 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.


Kingcan Holdings Debt-to-Equity Related Terms

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Kingcan Holdings Business Description

Traded in Other Exchanges
N/A
Address
Hibiscus Way, 802 West Bay Road, PO Box 31119 Grand Pavilion, Grand Cayman, CYM, KY1-1205
Kingcan Holdings Ltd specializes in the production of metal packaging containers for all types of easy-to-open three-piece tinplate beverage cans, food, and vegetable cans. Its products and services include Tinplate packaging containers, Aluminum product packaging containers, Tinplate color printing, Tinplate coating, Food, and beverage filling, and others. The majority of the revenue is generated from China.

Kingcan Holdings Headlines

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