Motion Technology Electric & Machinery Co (ROCO:4589) Debt-to-Equity : 0.56 (As of Dec. 2023)

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What is Motion Technology Electric & Machinery Co Debt-to-Equity?

Motion Technology Electric & Machinery Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$72.6 Mil. Motion Technology Electric & Machinery Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$232.3 Mil. Motion Technology Electric & Machinery Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$542.9 Mil. Motion Technology Electric & Machinery Co's debt to equity for the quarter that ended in Dec. 2023 was 0.56.

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 Motion Technology Electric & Machinery Co's Debt-to-Equity or its related term are showing as below:

ROCO:4589' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 0.56 Max: 0.64
Current: 0.56

During the past 3 years, the highest Debt-to-Equity Ratio of Motion Technology Electric & Machinery Co was 0.64. The lowest was 0.56. And the median was 0.56.

ROCO:4589's Debt-to-Equity is ranked worse than
69.8% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs ROCO:4589: 0.56

Motion Technology Electric & Machinery Co Debt-to-Equity Historical Data

The historical data trend for Motion Technology Electric & Machinery 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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Motion Technology Electric & Machinery Co Debt-to-Equity Chart

Motion Technology Electric & Machinery Co Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.64

0.56

Motion Technology Electric & Machinery Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	0.64	N/A	0.56	0.45	0.56

Competitive Comparison of Motion Technology Electric & Machinery Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Motion Technology Electric & Machinery 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.

Motion Technology Electric & Machinery Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Motion Technology Electric & Machinery Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Motion Technology Electric & Machinery Co's Debt-to-Equity falls into.

Motion Technology Electric & Machinery Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Motion Technology Electric & Machinery 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
	=	(72.648	+	232.313)	/	542.922
	=	0.56

Motion Technology Electric & Machinery Co'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
	=	(72.648	+	232.313)	/	542.922
	=	0.56

Motion Technology Electric & Machinery Co (ROCO:4589) 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.

Motion Technology Electric & Machinery Co Debt-to-Equity Related Terms

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Motion Technology Electric & Machinery Co (ROCO:4589) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Motion Technology Electric & Machinery Co Ltd (ROCO:4589) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 72, Lane 76, Neiding 20th Street, Zhongli District, Taoyuan City, TWN, 320

Website

https://www.motiontech.com.tw

Motion Technology Electric & Machinery Co Ltd engages in the design and production of high-precision motors for use in medical appliances, electric wheelchairs, mobility scooters, elevators, and transmission systems. Its products include brush DC motors, brushless DC motors, BLDC drivers, servo motors, induction motors, and reluctance motor control.

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