Foxconn Industrial Internet Co (SHSE:601138) Debt-to-Equity : 0.30 (As of Mar. 2024)

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What is Foxconn Industrial Internet Co Debt-to-Equity?

Foxconn Industrial Internet Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥38,734 Mil. Foxconn Industrial Internet Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4,841 Mil. Foxconn Industrial Internet Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥145,440 Mil. Foxconn Industrial Internet Co's debt to equity for the quarter that ended in Mar. 2024 was 0.30.

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

SHSE:601138' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.39 Max: 0.63
Current: 0.3

During the past 9 years, the highest Debt-to-Equity Ratio of Foxconn Industrial Internet Co was 0.63. The lowest was 0.02. And the median was 0.39.

SHSE:601138's Debt-to-Equity is ranked worse than
51.16% of 2195 companies
in the Hardware industry
Industry Median: 0.28 vs SHSE:601138: 0.30

Foxconn Industrial Internet Co Debt-to-Equity Historical Data

The historical data trend for Foxconn Industrial Internet 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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Foxconn Industrial Internet Co Debt-to-Equity Chart

Foxconn Industrial Internet Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.32

0.45

0.49

0.47

0.36

Foxconn Industrial Internet 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															0.39	0.40	0.40	0.36	0.30

Competitive Comparison of Foxconn Industrial Internet Co's Debt-to-Equity

For the Communication Equipment subindustry, Foxconn Industrial Internet 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.

Foxconn Industrial Internet Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Foxconn Industrial Internet Co's Debt-to-Equity distribution charts can be found below:

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

Foxconn Industrial Internet Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Foxconn Industrial Internet 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
	=	(41759.637	+	8107.23)	/	140187.453
	=	0.36

Foxconn Industrial Internet 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
	=	(38734.426	+	4840.78)	/	145440.404
	=	0.30

Foxconn Industrial Internet Co (SHSE:601138) 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.

Foxconn Industrial Internet Co Debt-to-Equity Related Terms

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Foxconn Industrial Internet Co (SHSE:601138) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Foxconn Industrial Internet Co Ltd (SHSE:601138) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 East Ring Road, Longhua Street, 2nd Floor, Building C1, Foxconn Technology Park, Longhua District, Guangdong Province, Shenzhen, CHN, 518109

Website

http://www.fii-foxconn.com

Foxconn Industrial Internet Co Ltd is engaged in designing and manufacturing of communication network equipment, cloud service equipment, precision tools, and industrial robots. The company's main products cover communication network equipment, cloud service equipment, precision tools and industrial robots. The products are mainly used in smartphones, broadband, and wireless networks, infrastructure construction of multimedia service operators, infrastructure construction of telecom operators, and others.

Foxconn Industrial Internet Co (SHSE:601138) Headlines

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