Gudeng Equipment Co (ROCO:6953) Debt-to-Equity : 0.06 (As of Mar. 2024)

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What is Gudeng Equipment Co Debt-to-Equity?

Gudeng Equipment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$10 Mil. Gudeng Equipment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$27 Mil. Gudeng Equipment Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$662 Mil. Gudeng Equipment Co's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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

ROCO:6953' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.07
Current: 0.06

During the past 4 years, the highest Debt-to-Equity Ratio of Gudeng Equipment Co was 0.07. The lowest was 0.02. And the median was 0.05.

ROCO:6953's Debt-to-Equity is ranked better than
78.06% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs ROCO:6953: 0.06

Gudeng Equipment Co Debt-to-Equity Historical Data

The historical data trend for Gudeng Equipment 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.

Gudeng Equipment Co Debt-to-Equity Chart

Gudeng Equipment Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.02

0.04

0.05

Gudeng Equipment Co Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial					N/A	0.07	0.06	0.05	0.06

Competitive Comparison of Gudeng Equipment Co's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Gudeng Equipment 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.

Gudeng Equipment Co's Debt-to-Equity Distribution in the Semiconductors Industry

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

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

Gudeng Equipment Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gudeng Equipment 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
	=	(9.471	+	29.279)	/	733.307
	=	0.05

Gudeng Equipment Co'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
	=	(9.527	+	26.871)	/	661.883
	=	0.05

Gudeng Equipment Co (ROCO:6953) 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.

Gudeng Equipment Co Debt-to-Equity Related Terms

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Gudeng Equipment Co (ROCO:6953) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Gudeng Equipment Co Ltd (ROCO:6953) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 117, Section 1, Jiafeng 11th Road, Hsinchu County, Zhubei City, TWN, 302052

Website

https://www.gdauto.com.tw

Gudeng Equipment Co Ltd offers EUV photomasks and high-end photomask transfer automation technology solutions in semiconductor manufacturing processes. The product offerings comprise photomask cleaning, exchange, and inspection, as well as micro-environment storage and smart warehouse management.

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