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Ecocera Optronics Co (ROCO:6597) Debt-to-Equity : 0.51 (As of Dec. 2023)


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What is Ecocera Optronics Co Debt-to-Equity?

Ecocera Optronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$217.9 Mil. Ecocera Optronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$29.3 Mil. Ecocera Optronics Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$481.7 Mil. Ecocera Optronics Co's debt to equity for the quarter that ended in Dec. 2023 was 0.51.

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

ROCO:6597' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51   Med: 1.06   Max: 1.58
Current: 0.51

During the past 10 years, the highest Debt-to-Equity Ratio of Ecocera Optronics Co was 1.58. The lowest was 0.51. And the median was 1.06.

ROCO:6597's Debt-to-Equity is ranked worse than
67.82% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs ROCO:6597: 0.51

Ecocera Optronics Co Debt-to-Equity Historical Data

The historical data trend for Ecocera Optronics 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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Ecocera Optronics Co Debt-to-Equity Chart

Ecocera Optronics 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 1.07 1.14 0.89 0.57 0.51

Ecocera Optronics Co Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.89 0.59 0.57 0.61 0.51

Competitive Comparison of Ecocera Optronics Co's Debt-to-Equity

For the Electronic Components subindustry, Ecocera Optronics 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.


Ecocera Optronics Co's Debt-to-Equity Distribution in the Hardware Industry

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

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



Ecocera Optronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Ecocera Optronics Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Ecocera Optronics Co  (ROCO:6597) 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.


Ecocera Optronics Co Debt-to-Equity Related Terms

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Ecocera Optronics Co (ROCO:6597) Business Description

Traded in Other Exchanges
N/A
Address
Nanshan Road., Luchu District, 2nd Floor, No.303, Sec. 2, Taoyuan, TWN
Ecocera Optronics Co Ltd is a Taiwan-based company engaged in the production of ceramic substrates and the ceramic circuit board. The company's products are used in LED lighting, automotive lighting, mobile phone LED flash, UV, display and other applications.

Ecocera Optronics Co (ROCO:6597) Headlines

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