Gus Technology Co (ROCO:6940) Debt-to-Equity : 0.90 (As of Dec. 2023)

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What is Gus Technology Co Debt-to-Equity?

Gus Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$70.63 Mil. Gus Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$1,925.50 Mil. Gus Technology Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$2,217.88 Mil. Gus Technology Co's debt to equity for the quarter that ended in Dec. 2023 was 0.90.

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

ROCO:6940' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.9 Med: 1.04 Max: 1.53
Current: 0.9

During the past 3 years, the highest Debt-to-Equity Ratio of Gus Technology Co was 1.53. The lowest was 0.90. And the median was 1.04.

ROCO:6940's Debt-to-Equity is ranked worse than
84.37% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs ROCO:6940: 0.90

Gus Technology Co Debt-to-Equity Historical Data

The historical data trend for Gus 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.

Gus Technology Co Debt-to-Equity Chart

Gus Technology Co Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

1.53

1.04

0.90

Gus Technology Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	1.53	N/A	1.04	0.76	0.90

Competitive Comparison of Gus Technology Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Gus 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.

Gus Technology Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gus Technology Co's Debt-to-Equity distribution charts can be found below:

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

Gus Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gus 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
	=	(70.634	+	1925.504)	/	2217.882
	=	0.90

Gus 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
	=	(70.634	+	1925.504)	/	2217.882
	=	0.90

Gus Technology Co (ROCO:6940) 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.

Gus Technology Co Debt-to-Equity Related Terms

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Gus Technology Co (ROCO:6940) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gus Technology Co Ltd (ROCO:6940) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 99, Xintai 5th Road, Section 1, 26th Floor-2, Xizhi District, New Taipei, TWN, 221416

Website

https://www.gustech.com

Gus Technology Co Ltd is engaged in the development and manufacture of battery cells and battery modules.

Gus Technology Co (ROCO:6940) Headlines

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