Wiselink Co (ROCO:8932) Debt-to-Equity : 0.41 (As of Mar. 2024)

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What is Wiselink Co Debt-to-Equity?

Wiselink Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$284 Mil. Wiselink Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$192 Mil. Wiselink Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$1,171 Mil. Wiselink Co's debt to equity for the quarter that ended in Mar. 2024 was 0.41.

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

ROCO:8932' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41 Med: 0.96 Max: 2.5
Current: 0.41

During the past 13 years, the highest Debt-to-Equity Ratio of Wiselink Co was 2.50. The lowest was 0.41. And the median was 0.96.

ROCO:8932's Debt-to-Equity is ranked better than
53.42% of 936 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs ROCO:8932: 0.41

Wiselink Co Debt-to-Equity Historical Data

The historical data trend for Wiselink 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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Wiselink Co Debt-to-Equity Chart

Wiselink Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.68

0.74

1.01

0.88

0.56

Wiselink Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.81	0.80	0.75	0.56	0.41

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

For the Apparel Manufacturing subindustry, Wiselink 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.

Wiselink Co's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wiselink Co's Debt-to-Equity distribution charts can be found below:

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

Wiselink Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wiselink 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
	=	(391.132	+	155.225)	/	971.19
	=	0.56

Wiselink 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
	=	(283.593	+	192.276)	/	1171.13
	=	0.41

Wiselink Co (ROCO:8932) 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.

Wiselink Co Debt-to-Equity Related Terms

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Wiselink Co (ROCO:8932) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wiselink Co Ltd (ROCO:8932) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7F, No. 196, Joutz Street, Neihu District, Taipei, TWN, 11493

Website

https://www.maxzip.com.tw

Wiselink Co Ltd, formerly Max Zipper Co Ltd is engaged in the production and sales of zippers in Taiwan. It offers a variety of zippers including nylon zippers, Delrin zippers, invisible zippers, metal zippers, zipper accessories, sliders, and other specialized zippers. The reportable segment of the company includes Taiwan and Mainland. The Taiwan segment and the Mainland segment were mainly engaged in the manufacturing, processing, and trading of pulling products and parts, while the other segments were mainly engaged in professional investment. The majority of revenue is derived from the Taiwan segment.

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