Nocera (Nocera) Debt-to-Equity : 0.15 (As of Dec. 2023)

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What is Nocera Debt-to-Equity?

Nocera's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.49 Mil. Nocera's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Nocera's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3.18 Mil. Nocera's debt to equity for the quarter that ended in Dec. 2023 was 0.15.

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

NCRA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.13 Max: 0.28
Current: 0.15

During the past 4 years, the highest Debt-to-Equity Ratio of Nocera was 0.28. The lowest was 0.03. And the median was 0.13.

NCRA's Debt-to-Equity is ranked better than
73.55% of 1637 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs NCRA: 0.15

Nocera Debt-to-Equity Historical Data

The historical data trend for Nocera'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.

Nocera Debt-to-Equity Chart

Nocera Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.28

0.03

0.11

0.15

Nocera Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.11	0.11	0.11	0.09	0.15

Competitive Comparison of Nocera's Debt-to-Equity

For the Packaged Foods subindustry, Nocera'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.

Nocera's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nocera's Debt-to-Equity distribution charts can be found below:

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

Nocera Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nocera'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
	=	(0.488	+	0)	/	3.179
	=	0.15

Nocera's Debt to Equity Ratio for the quarter 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
	=	(0.488	+	0)	/	3.179
	=	0.15

Nocera (NAS:NCRA) 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.

Nocera Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Nocera's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Nocera (Nocera) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nocera Inc (NAS:NCRA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3F (Building B), No. 185, Sec. 1, Datong Road, Xizhi District, New Taipei City, TWN, 221

Website

https://www.nocera.company

Nocera Inc is engaged in the manufacturing of aquaculture equipment, construction of aquaculture facilities, managing and operating aquaculture facilities and consulting for third-party operators of aquaculture facilities. Its primary business operations consist of the design, development and production of RASs large-scale fish tank systems, for fish farms along with expert consulting, technology transfer, and aquaculture project management services to new and existing aquaculture management business services.

Executives

Andy Ching-an Jin	director, officer: Chief Executive Officer	3F (BUILDING B), NO. 185, SEC. 1, DATONG RD., XIZHI DIST., NEW TAIPEI CITY F5 221
Yin-chieh Cheng	director, officer: CFO and Chairman	15F #464 JIAYUAN RD., SEC. 3 SHULIN DIST., NEW TAIPEI CITY F5 23854
Kuan-yin Cheng	officer: President and CEO	12772 BRADWELL ROAD, HERNDON VA 20101
Bi Zhang	10 percent owner	BUILDING #5 FENG DU BAN PANG QU SHAN AN, ZHI,, XINGYI CITY, GUIZHOU QIANXINAN F4 562400
Erik S Nelson	director, officer: Corporate Secretary	2030 POWERS FERRY RD SE, SUITE 212, ATLANTA GA 30339