Synnex Technology International (TPE:2347) Debt-to-Equity : 1.10 (As of Mar. 2024)

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What is Synnex Technology International Debt-to-Equity?

Synnex Technology International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$57,642 Mil. Synnex Technology International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$19,715 Mil. Synnex Technology International's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$70,447 Mil. Synnex Technology International's debt to equity for the quarter that ended in Mar. 2024 was 1.10.

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 Synnex Technology International's Debt-to-Equity or its related term are showing as below:

TPE:2347' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.92 Med: 1.08 Max: 1.49
Current: 1.1

During the past 13 years, the highest Debt-to-Equity Ratio of Synnex Technology International was 1.49. The lowest was 0.92. And the median was 1.08.

TPE:2347's Debt-to-Equity is ranked worse than
88.28% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs TPE:2347: 1.10

Synnex Technology International Debt-to-Equity Historical Data

The historical data trend for Synnex Technology International'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.

Synnex Technology International Debt-to-Equity Chart

Synnex Technology International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.03

1.07

1.08

1.32

1.16

Synnex Technology International 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															1.22	1.24	1.18	1.16	1.10

Competitive Comparison of Synnex Technology International's Debt-to-Equity

For the Electronics & Computer Distribution subindustry, Synnex Technology International'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.

Synnex Technology International's Debt-to-Equity Distribution in the Hardware Industry

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

* The bar in red indicates where Synnex Technology International's Debt-to-Equity falls into.

Synnex Technology International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Synnex Technology International'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
	=	(61772.503	+	21759.107)	/	71814.294
	=	1.16

Synnex Technology International'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
	=	(57641.576	+	19714.553)	/	70446.817
	=	1.10

Synnex Technology International (TPE:2347) 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.

Synnex Technology International Debt-to-Equity Related Terms

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Synnex Technology International (TPE:2347) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Synnex Technology International Corp (TPE:2347) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 75, Mingshen East Road, 4th Floor, Section 3, Taipei, TWN

Website

https://www.synnex-grp.com

Synnex Technology International Corp is a Taiwan-based company engaged in the sale of computers and related parts, communication products, consumer electronic products, electronic components, warehouse and logistics services, and maintenance and technical services. The majority of the company's revenue is generated from the distribution industry and is mainly engaged in the sale of 3C and semiconductor products. The company operates in Taiwan, Hong Kong, China, Australia, New Zealand, and Indonesia, out of which China and Hongkong is the key source of revenue.

Synnex Technology International (TPE:2347) Headlines

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