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T-Conn Precision (ROCO:6833) Debt-to-Equity : 1.01 (As of Dec. 2023)


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What is T-Conn Precision Debt-to-Equity?

T-Conn Precision's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$362 Mil. T-Conn Precision's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$11 Mil. T-Conn Precision's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$369 Mil. T-Conn Precision's debt to equity for the quarter that ended in Dec. 2023 was 1.01.

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 T-Conn Precision's Debt-to-Equity or its related term are showing as below:

ROCO:6833' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.19   Max: 1.01
Current: 1.01

During the past 6 years, the highest Debt-to-Equity Ratio of T-Conn Precision was 1.01. The lowest was 0.05. And the median was 0.19.

ROCO:6833's Debt-to-Equity is ranked worse than
86.95% of 2628 companies
in the Industrial Products industry
Industry Median: 0.29 vs ROCO:6833: 1.01

T-Conn Precision Debt-to-Equity Historical Data

The historical data trend for T-Conn Precision'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.

T-Conn Precision Debt-to-Equity Chart

T-Conn Precision Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.27 0.19 0.05 0.12 1.01

T-Conn Precision Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only 0.05 0.07 0.12 2.33 1.01

Competitive Comparison of T-Conn Precision's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, T-Conn Precision'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.


T-Conn Precision's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, T-Conn Precision's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where T-Conn Precision's Debt-to-Equity falls into.



T-Conn Precision Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

T-Conn Precision's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

T-Conn Precision'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.


T-Conn Precision  (ROCO:6833) 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.


T-Conn Precision Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of T-Conn Precision's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


T-Conn Precision (ROCO:6833) Business Description

Traded in Other Exchanges
N/A
Address
Xintai 5th Road, 4th Floor-3, No. 79, Section 1, New Taipei City, TWN, 221
T-Conn Precision Corp is a professional connector manufacturer of power connectors for industrial automation, data center, and server and consumer solution. Its general products include Circular Connector, Terminal Block, High Power, Power Connector, DDR, USB, HDMI, Display Port, and RJ Connector.

T-Conn Precision (ROCO:6833) Headlines

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