Hu Lane Associate (ROCO:6279) Debt-to-Equity : 0.52 (As of Mar. 2024)

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What is Hu Lane Associate Debt-to-Equity?

Hu Lane Associate's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,887 Mil. Hu Lane Associate's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,479 Mil. Hu Lane Associate's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$6,508 Mil. Hu Lane Associate's debt to equity for the quarter that ended in Mar. 2024 was 0.52.

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 Hu Lane Associate's Debt-to-Equity or its related term are showing as below:

ROCO:6279' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.29 Max: 0.59
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Hu Lane Associate was 0.59. The lowest was 0.07. And the median was 0.29.

ROCO:6279's Debt-to-Equity is ranked worse than
53.63% of 1171 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs ROCO:6279: 0.52

Hu Lane Associate Debt-to-Equity Historical Data

The historical data trend for Hu Lane Associate'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.

Hu Lane Associate Debt-to-Equity Chart

Hu Lane Associate Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.33

0.27

0.31

0.54

0.52

Hu Lane Associate 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															0.53	0.51	0.59	0.52	0.52

Competitive Comparison of Hu Lane Associate's Debt-to-Equity

For the Auto Parts subindustry, Hu Lane Associate'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.

Hu Lane Associate's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hu Lane Associate's Debt-to-Equity distribution charts can be found below:

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

Hu Lane Associate Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hu Lane Associate'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
	=	(1694.904	+	1479.322)	/	6067.222
	=	0.52

Hu Lane Associate'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
	=	(1887.179	+	1478.968)	/	6508.456
	=	0.52

Hu Lane Associate (ROCO:6279) 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.

Hu Lane Associate Debt-to-Equity Related Terms

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

Hu Lane Associate (ROCO:6279) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hu Lane Associate Inc (ROCO:6279) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Lane. 342, Fude 1st Road, Xizhi District, New Taipei City, TWN, 221010

Website

https://www.hulane.com.tw

Hu Lane Associate Inc is a Taiwan based company principally engaged in production and sales of terminal products of the cars and motorcycles. The company offers connectors for automobile, motorbike, electric vehicle, extended fields, specific application purpose, rubber seal, fasten accessories and other connectors. Some of the connectors produced are an automotive connector, manufactured housing, terminal connector, and wiring harness connector. The group also sells mold applicator parts and plastic accessory products. The operations of the company are carried in Taiwan and internationally.

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