ACpay Co (ROCO:6984) Debt-to-Equity : 0.34 (As of Dec. 2023)

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What is ACpay Co Debt-to-Equity?

ACpay Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$8.89 Mil. ACpay Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$14.29 Mil. ACpay Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$68.40 Mil. ACpay Co's debt to equity for the quarter that ended in Dec. 2023 was 0.34.

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

ROCO:6984' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.28 Max: 0.34
Current: 0.34

During the past 4 years, the highest Debt-to-Equity Ratio of ACpay Co was 0.34. The lowest was 0.01. And the median was 0.28.

ROCO:6984's Debt-to-Equity is ranked worse than
61.51% of 2216 companies
in the Software industry
Industry Median: 0.21 vs ROCO:6984: 0.34

ACpay Co Debt-to-Equity Historical Data

The historical data trend for ACpay 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.

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ACpay Co Debt-to-Equity Chart

ACpay Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.01

0.28

0.34

ACpay Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.01	N/A	0.28	0.30	0.34

Competitive Comparison of ACpay Co's Debt-to-Equity

For the Software - Infrastructure subindustry, ACpay 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.

ACpay Co's Debt-to-Equity Distribution in the Software Industry

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

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

ACpay Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ACpay 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
	=	(8.886	+	14.292)	/	68.397
	=	0.34

ACpay 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
	=	(8.886	+	14.292)	/	68.397
	=	0.34

ACpay Co (ROCO:6984) 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.

ACpay Co Debt-to-Equity Related Terms

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

ACpay Co (ROCO:6984) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ACpay Co Ltd (ROCO:6984) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

11F., No.103, Sec. 3, Nanjing E. Road, Zhongshan District, Taipei, TWN, 104707

Website

https://www.acpay.com

ACpay Co Ltd is a fintech company providing payment and e-commerce solutions. The company provides integrated offline cash flow services by offering Wireless credit card machines, also it has online cash flow method where in they eliminate physical boundaries and create unlimited value.

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