Horizon Securities Co (ROCO:6015) Short-Term Debt: NT$6,346 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6015 Horizon Securities Co Ltd ROCO:6015
56 GF Score
Price NT$15.95
GF Value NT$17.73
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Horizon Securities Co Short-Term Debt?

Horizon Securities Co ROCO:6015 -0.62% 56 Short-Term Debt is NT$6,346 Mil as of Mar. 2026. GuruFocus rates ROCO:6015 with a GF Score™ of 56/100 and a GF Value™ of NT$17.73 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Horizon Securities Co's Short-Term Debt for the quarter that ended in Mar. 2026 was NT$6,346 Mil.

Horizon Securities Co's quarterly Short-Term Debt declined from Sep. 2025 (NT$4,945 Mil) to Dec. 2025 (NT$4,034 Mil) but then increased from Dec. 2025 (NT$4,034 Mil) to Mar. 2026 (NT$6,346 Mil).

Horizon Securities Co's annual Short-Term Debt declined from Dec. 2023 (NT$6,400 Mil) to Dec. 2024 (NT$3,718 Mil) but then increased from Dec. 2024 (NT$3,718 Mil) to Dec. 2025 (NT$4,034 Mil).


Horizon Securities Co Short-Term Debt Explanation

Short-Term Debt represents the total amount of Long-Term Debt such as bank loans and commercial paper, which is due within one year.


Horizon Securities Co Short-Term Debt Related Terms


Horizon Securities Co Short-Term Debt Historical Data

* Premium members only.

The historical data trend for Horizon Securities Co's Short-Term Debt 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.

Horizon Securities Co Short-Term Debt Chart

Horizon Securities Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Short-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,018.14 2,151.39 6,400.23 3,718.25 4,034.36

Horizon Securities Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Short-Term Debt 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 3,451.47 3,724.48 4,945.33 4,034.36 6,346.01
ROCO:6015
56GF Score
Horizon Securities Co Ltd ROCO:6015
Short-Term Debt is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions Learn more about Short-Term Debt →
What does a Short-Term Debt of NT$6,346 Mil mean?
Horizon Securities Co (ROCO:6015) has a Short-Term Debt of NT$6,346 Mil as of Mar. 2026.
Is Horizon Securities Co's Short-Term Debt too high?
Horizon Securities Co's current Short-Term Debt is NT$6,346 Mil. Overall, Horizon Securities Co has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Horizon Securities Co's Short-Term Debt compare to MS and GS?
Horizon Securities Co's Short-Term Debt of NT$6,346 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Short-Term Debt for a Capital Markets company?
A good Short-Term Debt depends on the Capital Markets industry context. However, Short-Term Debt 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 Short-Term Debt mean?
A high Short-Term Debt can signal that a stock is expensive relative to its fundamentals. Horizon Securities Co's current Short-Term Debt is NT$6,346 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Horizon Securities Co (ROCO:6015) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$17.73, compared to a current price of NT$15.95 — trading 10% below its estimated fair value. The current Short-Term Debt is NT$6,346 Mil. Horizon Securities Co's overall GF Score™ is 56/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Short-Term Debt calculated?
Short-Term Debt is calculated from a company's financial statements. For Horizon Securities Co (ROCO:6015), the current Short-Term Debt is NT$6,346 Mil as of Mar. 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.

Is Horizon Securities Co (ROCO:6015) Overvalued in 2026?

Based on GuruFocus' analysis, Horizon Securities Co stock appears to be undervalued. The current stock price of NT$15.95 is trading 10% below its estimated GF Value™ of NT$17.73. GuruFocus considers Horizon Securities Co to be Modestly Undervalued.

Key valuation signals for ROCO:6015:

  • Short-Term Debt: NT$6,346 Mil
  • GF Value™: NT$17.73 vs. price of NT$15.95 (10% below fair value)
  • GF Score™: 56/100 with 5 warning signs

No single metric tells the full story. See the ROCO:6015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Horizon Securities Co Business Description

Address Xinyi Road, 3-5 and 7th Floor, No. 236, Section 4, Da’an Dist, Taipei, TWN, 106
Horizon Securities Co Ltd is a Taiwan-based company that is engaged in providing various financial products and services. The company classifies operating units based on different business and services and is divided into the following five reporting and operations departments: Proprietary segment, Brokerage segment, Underwriting segment, Bond segment, and Derivatives segment. The majority of revenue is derived from the Brokerage segment, which is mainly responsible for brokerage and proprietary trading of securities.
56GF Score

Get the complete analysis for ROCO:6015

Short-Term Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$15.95
Price
NT$17.73
GF Value