Phoenix Pioneer Technology Co (ROCO:6920) Debt-to-Equity : 0.94 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Phoenix Pioneer Technology Co Debt-to-Equity?

Phoenix Pioneer Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$474.9 Mil. Phoenix Pioneer Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$1,285.4 Mil. Phoenix Pioneer Technology Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$1,875.5 Mil. Phoenix Pioneer Technology Co's debt to equity for the quarter that ended in Dec. 2023 was 0.94.

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 Phoenix Pioneer Technology Co's Debt-to-Equity or its related term are showing as below:

ROCO:6920' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.64 Med: 2.09 Max: 2.73
Current: 0.94

During the past 5 years, the highest Debt-to-Equity Ratio of Phoenix Pioneer Technology Co was 2.73. The lowest was 0.64. And the median was 2.09.

ROCO:6920's Debt-to-Equity is ranked worse than
85.49% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs ROCO:6920: 0.94

Phoenix Pioneer Technology Co Debt-to-Equity Historical Data

The historical data trend for Phoenix Pioneer Technology 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.

Phoenix Pioneer Technology Co Debt-to-Equity Chart

Phoenix Pioneer Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

2.09

2.69

2.73

0.64

0.94

Phoenix Pioneer Technology Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			2.73	0.70	0.64	0.82	0.94

Competitive Comparison of Phoenix Pioneer Technology Co's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Phoenix Pioneer Technology 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.

Phoenix Pioneer Technology Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Phoenix Pioneer Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Phoenix Pioneer Technology Co's Debt-to-Equity falls into.

Phoenix Pioneer Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Phoenix Pioneer Technology Co'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
	=	(474.927	+	1285.353)	/	1875.508
	=	0.94

Phoenix Pioneer Technology Co's Debt to Equity Ratio for the quarter 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
	=	(474.927	+	1285.353)	/	1875.508
	=	0.94

Phoenix Pioneer Technology Co (ROCO:6920) 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.

Phoenix Pioneer Technology Co Debt-to-Equity Related Terms

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

Phoenix Pioneer Technology Co (ROCO:6920) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Phoenix Pioneer Technology Co Ltd (ROCO:6920) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 458-17, Xinxing Road, Hukou Township, Hsinchu, TWN, 30353

Website

http://www.ppt.com.tw

Phoenix Pioneer Technology Co Ltd is composite by the elite of semiconductor industry and is an innovative new enterprise which is responsible for manufacturing, marketing, researching and developing IC substrate.

Phoenix Pioneer Technology Co (ROCO:6920) Headlines

No Headlines