Syncmold Enterprise (TPE:1582) Debt-to-Equity : 0.27 (As of Mar. 2024)

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What is Syncmold Enterprise Debt-to-Equity?

Syncmold Enterprise's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,751 Mil. Syncmold Enterprise's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$261 Mil. Syncmold Enterprise's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$7,337 Mil. Syncmold Enterprise's debt to equity for the quarter that ended in Mar. 2024 was 0.27.

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 Syncmold Enterprise's Debt-to-Equity or its related term are showing as below:

TPE:1582' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.18 Max: 0.59
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Syncmold Enterprise was 0.59. The lowest was 0.01. And the median was 0.18.

TPE:1582's Debt-to-Equity is ranked better than
52.49% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs TPE:1582: 0.27

Syncmold Enterprise Debt-to-Equity Historical Data

The historical data trend for Syncmold Enterprise'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.

* Premium members only.

Syncmold Enterprise Debt-to-Equity Chart

Syncmold Enterprise Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.25

0.39

0.50

0.59

0.35

Syncmold Enterprise 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															0.57	0.57	0.58	0.35	0.27

Competitive Comparison of Syncmold Enterprise's Debt-to-Equity

For the Electronic Components subindustry, Syncmold Enterprise'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.

Syncmold Enterprise's Debt-to-Equity Distribution in the Hardware Industry

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

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

Syncmold Enterprise Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Syncmold Enterprise'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
	=	(2043.217	+	297.689)	/	6711.372
	=	0.35

Syncmold Enterprise'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
	=	(1751.029	+	261.02)	/	7337.007
	=	0.27

Syncmold Enterprise (TPE:1582) 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.

Syncmold Enterprise Debt-to-Equity Related Terms

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Syncmold Enterprise (TPE:1582) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Syncmold Enterprise Corp (TPE:1582) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 168, Jiankang Road, 9th Floor, Zhonghe District, New Taipei City, TWN, 235

Website

https://www.syncmold.com.tw

Syncmold Enterprise Corp is a Taiwan-based company engaged in the processing, manufacturing, trading, technology licensing and related import and export business of various metal molds, plastic molds and electronic parts. stands for LCD monitors, LCD TVs, appliances, office machines, components of medical devices, and many other electronic products. The company's customers comprise both original design manufacturers, such as Foxconn, and branded manufacturers like Dell and Philips. The company also designs and manufactures molding products. It generates almost all its revenue from markets outside of Taiwan, with mainland China contributing to majority of its revenue.

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