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U-Neuron Biomedical (ROCO:6973) Debt-to-Equity : 0.02 (As of Dec. 2023)


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What is U-Neuron Biomedical Debt-to-Equity?

U-Neuron Biomedical's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$4.77 Mil. U-Neuron Biomedical's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$4.90 Mil. U-Neuron Biomedical's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$491.97 Mil. U-Neuron Biomedical's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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 U-Neuron Biomedical's Debt-to-Equity or its related term are showing as below:

ROCO:6973' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.02   Max: 0.03
Current: 0.02

During the past 4 years, the highest Debt-to-Equity Ratio of U-Neuron Biomedical was 0.03. The lowest was 0.02. And the median was 0.02.

ROCO:6973's Debt-to-Equity is ranked better than
87.83% of 1068 companies
in the Biotechnology industry
Industry Median: 0.14 vs ROCO:6973: 0.02

U-Neuron Biomedical Debt-to-Equity Historical Data

The historical data trend for U-Neuron Biomedical'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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U-Neuron Biomedical Debt-to-Equity Chart

U-Neuron Biomedical Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
- - 0.03 0.02

U-Neuron Biomedical Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity - N/A 0.03 - 0.02

Competitive Comparison of U-Neuron Biomedical's Debt-to-Equity

For the Biotechnology subindustry, U-Neuron Biomedical'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.


U-Neuron Biomedical's Debt-to-Equity Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, U-Neuron Biomedical's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where U-Neuron Biomedical's Debt-to-Equity falls into.



U-Neuron Biomedical Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

U-Neuron Biomedical's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

U-Neuron Biomedical'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.


U-Neuron Biomedical  (ROCO:6973) 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.


U-Neuron Biomedical Debt-to-Equity Related Terms

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U-Neuron Biomedical (ROCO:6973) Business Description

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Traded in Other Exchanges
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Address
U-Neuron Biomedical Inc is engaged in research and development of stem cell storage & separation technology, and treatment application technology. It has patent on the Technology of Culture and Isolation of Amniotic Fluid Stem Cell.

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