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C C P Contact Probes Co (ROCO:6217) Debt-to-Equity : 0.68 (As of Mar. 2024)


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What is C C P Contact Probes Co Debt-to-Equity?

C C P Contact Probes Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$846 Mil. C C P Contact Probes Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,024 Mil. C C P Contact Probes Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$2,748 Mil. C C P Contact Probes Co's debt to equity for the quarter that ended in Mar. 2024 was 0.68.

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 C C P Contact Probes Co's Debt-to-Equity or its related term are showing as below:

ROCO:6217' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.17   Max: 0.78
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of C C P Contact Probes Co was 0.78. The lowest was 0.03. And the median was 0.17.

ROCO:6217's Debt-to-Equity is ranked worse than
76.13% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs ROCO:6217: 0.68

C C P Contact Probes Co Debt-to-Equity Historical Data

The historical data trend for C C P Contact Probes 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.

C C P Contact Probes Co Debt-to-Equity Chart

C C P Contact Probes 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 0.25 0.29 0.70 0.35 0.59

C C P Contact Probes 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 0.41 0.43 0.55 0.59 0.68

Competitive Comparison of C C P Contact Probes Co's Debt-to-Equity

For the Electronic Components subindustry, C C P Contact Probes 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.


C C P Contact Probes Co's Debt-to-Equity Distribution in the Hardware Industry

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

* The bar in red indicates where C C P Contact Probes Co's Debt-to-Equity falls into.



C C P Contact Probes Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

C C P Contact Probes Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

C C P Contact Probes 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.


C C P Contact Probes Co  (ROCO:6217) 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.


C C P Contact Probes Co Debt-to-Equity Related Terms

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C C P Contact Probes Co (ROCO:6217) Business Description

Traded in Other Exchanges
N/A
Address
5F, No.8 Lane 24 Ho Ping Road, Panchiao Dist., New Taipei City, TWN
C C P Contact Probes Co Ltd offers testing solutions, including wafer level testing, general final test, high current solution, high-frequency solution, kelvin contact solution, memory test solution, burn-in test solution, fine pitch connector test, ATE connecting solution, IC probe search, and ICT probe search solutions. It also provides Pogo pin connectors, EV crown springs and Industrial connectors.

C C P Contact Probes Co (ROCO:6217) Headlines

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