TWN (Taiwan Fund) Debt-to-Equity: 0.00 (As of Feb. 2026)

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TWN Taiwan Fund Inc TWN
35 GF Score
Price $91.42
! 6 Warning Signs
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What is Taiwan Fund Debt-to-Equity?

Taiwan Fund TWN -0.25% 35 Debt-to-Equity is 0.00 as of Feb. 2026. GuruFocus rates TWN with a GF Score™ of 35/100. The stock has 6 warning signs investors should review. Among 961 Asset Management companies, Taiwan Fund ranks worse than 104058.17% on this metric.

Taiwan Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was $0.0 Mil. Taiwan Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was $0.0 Mil. Taiwan Fund's Total Stockholders Equity for the quarter that ended in Feb. 2026 was $455.5 Mil. Taiwan Fund's debt to equity for the quarter that ended in Feb. 2026 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 Taiwan Fund's Debt-to-Equity or its related term are showing as below:

TWN's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Taiwan Fund  (NYSE:TWN) 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 Fund Debt-to-Equity Related Terms

Taiwan Fund Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Taiwan Fund'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.

Taiwan Fund Debt-to-Equity Chart

Taiwan Fund Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Taiwan Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.00 0.00 0.00 0.00 0.00

TWN vs IQI, DPG, THW: Debt-to-Equity Comparison

For the Asset Management subindustry, Taiwan Fund'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 Fund Debt-to-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Taiwan Fund's Debt-to-Equity distribution charts can be found below:

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


TWN
35GF Score
Taiwan Fund Inc TWN
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taiwan Fund's Debt to Equity Ratio for the fiscal year that ended in Aug. 2025 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
=(0 + 0) / 360.904
=0.00

Taiwan Fund's Debt to Equity Ratio for the quarter that ended in Feb. 2026 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
=(0 + 0) / 455.513
=0.00

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
Taiwan Fund (TWN) has a Debt-to-Equity of 0.00 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Taiwan Fund and its competitors. According to the industry distribution chart, Taiwan Fund ranks #999999 out of 961 companies in the Asset Management industry.
Is Taiwan Fund's Debt-to-Equity too high?
Taiwan Fund's current Debt-to-Equity is 0.00. Based on the distribution chart, Taiwan Fund ranks #999999 out of 961 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Taiwan Fund has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Taiwan Fund's Debt-to-Equity compare to IQI and DPG?
According to the Asset Management industry distribution chart, Taiwan Fund ranks #999999 out of 961 companies for Debt-to-Equity. This places Taiwan Fund in the lower half of its industry. The industry median Debt-to-Equity is 0.21. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 961 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Taiwan Fund and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Fund's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Fund stock overvalued right now?
Taiwan Fund (TWN) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Taiwan Fund's overall GF Score™ is 35/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Taiwan Fund (TWN), the current Debt-to-Equity is 0.00 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Taiwan Fund Business Description

Address One Congress Street, Suite 1, One Congress Building, Boston, MA, USA, 02114-2016
Taiwan Fund Inc is a diversified closed-end management investment company. Its investment objective is to seek long-term capital appreciation through investment predominantly in equity securities listed in Taiwan stock exchange and the Republic of China. In selecting the companies for investments fund's portfolio managers will consider overall growth prospects, competitive position in the respective industry technology, research, and development, productivity, profit margins, return on investment, capital resources, government regulation, management and other factors.
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