GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » All Ring Tech Co Ltd (ROCO:6187) » Definitions » Debt-to-Equity

All Ring Tech Co (ROCO:6187) Debt-to-Equity : 0.08 (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is All Ring Tech Co Debt-to-Equity?

All Ring Tech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$167 Mil. All Ring Tech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$89 Mil. All Ring Tech Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$3,388 Mil. All Ring Tech Co's debt to equity for the quarter that ended in Mar. 2024 was 0.08.

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 All Ring Tech Co's Debt-to-Equity or its related term are showing as below:

ROCO:6187' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.03   Max: 0.43
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of All Ring Tech Co was 0.43. The lowest was 0.00. And the median was 0.03.

ROCO:6187's Debt-to-Equity is ranked better than
77.96% of 2631 companies
in the Industrial Products industry
Industry Median: 0.29 vs ROCO:6187: 0.08

All Ring Tech Co Debt-to-Equity Historical Data

The historical data trend for All Ring Tech 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.

* Premium members only.

All Ring Tech Co Debt-to-Equity Chart

All Ring Tech Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.02 0.05 0.37 0.36

All Ring Tech 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 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 0.35 0.37 0.37 0.36 0.08

Competitive Comparison of All Ring Tech Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, All Ring Tech 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.


All Ring Tech Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, All Ring Tech Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where All Ring Tech Co's Debt-to-Equity falls into.



All Ring Tech Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

All Ring Tech Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

All Ring Tech Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


All Ring Tech Co  (ROCO:6187) 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.


All Ring Tech Co Debt-to-Equity Related Terms

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


All Ring Tech Co (ROCO:6187) Business Description

Traded in Other Exchanges
N/A
Address
Number 1 Luke Road, Luzhu District, Kaohsiung, TWN, 821
All Ring Tech Co Ltd is engaged in the manufacturing, assembly and distribution of automation machines , computer software and equipment. Its product portfolio includes semiconductors process equipment such as dispensing, fitting, measurement and AOI, and automation series as well as passive components and LED processes equipment.

All Ring Tech Co (ROCO:6187) Headlines

No Headlines