Good Will Instrument Co (TPE:2423) Debt-to-Equity : 0.06 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Good Will Instrument Co Debt-to-Equity?

Good Will Instrument Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$132 Mil. Good Will Instrument Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$16 Mil. Good Will Instrument Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$2,531 Mil. Good Will Instrument Co's debt to equity for the quarter that ended in Mar. 2024 was 0.06.

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

TPE:2423' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.08 Max: 0.27
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Good Will Instrument Co was 0.27. The lowest was 0.04. And the median was 0.08.

TPE:2423's Debt-to-Equity is ranked better than
80.85% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs TPE:2423: 0.06

Good Will Instrument Co Debt-to-Equity Historical Data

The historical data trend for Good Will Instrument 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.

* Premium members only.

Good Will Instrument Co Debt-to-Equity Chart

Good Will Instrument Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.06

0.27

0.08

0.16

0.08

Good Will Instrument 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															0.11	0.10	0.13	0.08	0.06

Competitive Comparison of Good Will Instrument Co's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Good Will Instrument 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.

Good Will Instrument Co's Debt-to-Equity Distribution in the Hardware Industry

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

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

Good Will Instrument Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Good Will Instrument 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
	=	(205.645	+	16.861)	/	2741.659
	=	0.08

Good Will Instrument 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
	=	(131.639	+	15.708)	/	2531.405
	=	0.06

Good Will Instrument Co (TPE:2423) 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.

Good Will Instrument Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Good Will Instrument Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Good Will Instrument Co (TPE:2423) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Good Will Instrument Co Ltd (TPE:2423) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 7-1, Jhongsing Road, Tucheng District, New Taipei City, TWN, 236

Website

https://www.goodwill.com.tw

Good Will Instrument Co Ltd manufactures and sells electrical testing instruments, communication equipment, and related products. The company operates in three different product lines namely Electronic Test and Measurement Instruments, Video Surveillance, and Environment Test Business. Its products include Oscilloscopes, Spectrum Analyzers, Signal Sources, Power Supplies, Public Broadcasting and Video Monitoring Systems, Environmental Testing Equipment, Constant Temperature and Humidity Equipment, and Vibration Test Equipment among others.

Good Will Instrument Co (TPE:2423) Headlines

No Headlines