Taiwan Hon Chuan Enterprise Co (TPE:9939) Debt-to-Equity : 0.98 (As of Dec. 2024)

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What is Taiwan Hon Chuan Enterprise Co Debt-to-Equity?

Taiwan Hon Chuan Enterprise Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$8,317 Mil. Taiwan Hon Chuan Enterprise Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$10,641 Mil. Taiwan Hon Chuan Enterprise Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$19,435 Mil. Taiwan Hon Chuan Enterprise Co's debt to equity for the quarter that ended in Dec. 2024 was 0.98.

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 Taiwan Hon Chuan Enterprise Co's Debt-to-Equity or its related term are showing as below:

TPE:9939' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.98 Med: 1.14 Max: 1.2
Current: 0.98

During the past 13 years, the highest Debt-to-Equity Ratio of Taiwan Hon Chuan Enterprise Co was 1.20. The lowest was 0.98. And the median was 1.14.

TPE:9939's Debt-to-Equity is ranked worse than
80% of 360 companies
in the Packaging & Containers industry
Industry Median: 0.43 vs TPE:9939: 0.98

Taiwan Hon Chuan Enterprise Co Debt-to-Equity Historical Data

The historical data trend for Taiwan Hon Chuan Enterprise 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.

Taiwan Hon Chuan Enterprise Co Debt-to-Equity Chart

Taiwan Hon Chuan Enterprise Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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1.18

1.20

1.18

1.16

0.98

Taiwan Hon Chuan Enterprise Co 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															1.16	1.20	1.19	1.18	0.98

Competitive Comparison of Taiwan Hon Chuan Enterprise Co's Debt-to-Equity

For the Packaging & Containers subindustry, Taiwan Hon Chuan Enterprise 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.

Taiwan Hon Chuan Enterprise Co's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Taiwan Hon Chuan Enterprise Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Taiwan Hon Chuan Enterprise Co's Debt-to-Equity falls into.

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Taiwan Hon Chuan Enterprise Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taiwan Hon Chuan Enterprise Co'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
	=	(8317.475	+	10640.778)	/	19434.83
	=	0.98

Taiwan Hon Chuan Enterprise Co'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
	=	(8317.475	+	10640.778)	/	19434.83
	=	0.98

Taiwan Hon Chuan Enterprise Co (TPE:9939) 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.

Taiwan Hon Chuan Enterprise Co Debt-to-Equity Related Terms

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Taiwan Hon Chuan Enterprise Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Taiwan Hon Chuan Enterprise Co Ltd (TPE:9939) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.6, 2nd Road, Taichung Industrial Park, Xitun District, Taichung, TWN

Website

https://www.honchuan.com.tw

Taiwan Hon Chuan Enterprise Co Ltd manufactures and sells a variety of packaging products. The company's primary product categories include plastic and aluminum caps used for beverages and can liners, polyethylene terephthalate bottles used to produce water bottles, and labels for consumer products. The firm also sells tobacco and liquor packaging as well as cigarette filters and paper. In addition, Taiwan Hon Chuan sells packaging equipment used to produce caps, bottles, labels, and fill bottles.

Taiwan Hon Chuan Enterprise Co Headlines

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