Halo Microelectronics Co (SHSE:688173) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Halo Microelectronics Co Debt-to-Equity?

Halo Microelectronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥14.8 Mil. Halo Microelectronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2.4 Mil. Halo Microelectronics Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,739.1 Mil. Halo Microelectronics Co's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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

SHSE:688173' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.06
Current: 0.01

During the past 6 years, the highest Debt-to-Equity Ratio of Halo Microelectronics Co was 0.06. The lowest was 0.01. And the median was 0.01.

SHSE:688173's Debt-to-Equity is ranked better than
99.95% of 2196 companies
in the Hardware industry
Industry Median: 0.29 vs SHSE:688173: 0.01

Halo Microelectronics Co Debt-to-Equity Historical Data

The historical data trend for Halo Microelectronics 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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Halo Microelectronics Co Debt-to-Equity Chart

Halo Microelectronics Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.04

0.05

0.02

0.01

Halo Microelectronics Co Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Halo Microelectronics Co's Debt-to-Equity

For the Electronic Components subindustry, Halo Microelectronics 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.

Halo Microelectronics Co's Debt-to-Equity Distribution in the Hardware Industry

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

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

Halo Microelectronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Halo Microelectronics 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
	=	(23.039	+	2.863)	/	1834.939
	=	0.01

Halo Microelectronics 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
	=	(14.785	+	2.41)	/	1739.103
	=	0.01

Halo Microelectronics Co (SHSE:688173) 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.

Halo Microelectronics Co Debt-to-Equity Related Terms

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Halo Microelectronics Co (SHSE:688173) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Halo Microelectronics Co Ltd (SHSE:688173) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

No. 6 Guilan North Road, Guicheng Street, Unit 305-308, Self-numbered Building Eight (A8), Core Area of ??Qiandeng Lake Venture Capital Town, Nanhai District, Guangdong Province, Foshan, CHN, 528200

Website

https://www.halomicro.com

Halo Microelectronics Co Ltd is engaged in designing and commercialization of analog and mixed-signal integrated circuit (IC) products. Its products are used mainly in two main applications: consumer electronics and automobile electronics.

Halo Microelectronics Co (SHSE:688173) Headlines

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