Forcecon Technology Co (ROCO:3483) Debt-to-Equity : 0.34 (As of Mar. 2024)

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What is Forcecon Technology Co Debt-to-Equity?

Forcecon Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,040 Mil. Forcecon Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$269 Mil. Forcecon Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$3,839 Mil. Forcecon Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 0.34.

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 Forcecon Technology Co's Debt-to-Equity or its related term are showing as below:

ROCO:3483' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.39 Max: 0.58
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of Forcecon Technology Co was 0.58. The lowest was 0.28. And the median was 0.39.

ROCO:3483's Debt-to-Equity is ranked worse than
54.18% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs ROCO:3483: 0.34

Forcecon Technology Co Debt-to-Equity Historical Data

The historical data trend for Forcecon Technology 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.

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Forcecon Technology Co Debt-to-Equity Chart

Forcecon Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.39

0.51

0.50

0.40

0.37

Forcecon Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.40	0.43	0.35	0.37	0.34

Competitive Comparison of Forcecon Technology Co's Debt-to-Equity

For the Electronics & Computer Distribution subindustry, Forcecon Technology 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.

Forcecon Technology Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Forcecon Technology Co's Debt-to-Equity distribution charts can be found below:

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

Forcecon Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Forcecon Technology Co'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
	=	(1197.268	+	293.664)	/	4079.339
	=	0.37

Forcecon Technology Co's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(1040.485	+	269.067)	/	3838.537
	=	0.34

Forcecon Technology Co (ROCO:3483) 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.

Forcecon Technology Co Debt-to-Equity Related Terms

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Forcecon Technology Co (ROCO:3483) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Forcecon Technology Co Ltd (ROCO:3483) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2nd Floor, No. 31, Hsin Tai Road, Hsinchu County, Taiheli, Chu-Bei, TWN, 30252

Website

https://www.forcecon.com

Forcecon Technology Co Ltd is a Taiwan based company engaged in the business activities includes the design, manufacturing, processing and trading of computer and peripheral equipment components. The segment includes, The company, suzhou Forcecon, Chongqing Forcecon, Sichuan Forcecon and Other segment.

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