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Transcend Information (TPE:2451) Debt-to-Equity : 0.01 (As of Mar. 2024)


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What is Transcend Information Debt-to-Equity?

Transcend Information's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$53 Mil. Transcend Information's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$99 Mil. Transcend Information's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$18,057 Mil. Transcend Information'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 Transcend Information's Debt-to-Equity or its related term are showing as below:

TPE:2451' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.04
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Transcend Information was 0.04. The lowest was 0.00. And the median was 0.01.

TPE:2451's Debt-to-Equity is ranked better than
99.95% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs TPE:2451: 0.01

Transcend Information Debt-to-Equity Historical Data

The historical data trend for Transcend Information'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.

Transcend Information Debt-to-Equity Chart

Transcend Information Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.01 - 0.01

Transcend Information Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Transcend Information's Debt-to-Equity

For the Computer Hardware subindustry, Transcend Information'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.


Transcend Information's Debt-to-Equity Distribution in the Hardware Industry

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

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



Transcend Information Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Transcend Information's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Transcend Information's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Transcend Information  (TPE:2451) 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.


Transcend Information Debt-to-Equity Related Terms

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


Transcend Information (TPE:2451) Business Description

Traded in Other Exchanges
N/A
Address
No. 70, XingZhong Road, NeiHu District, Taipei, TWN
Transcend Information Inc manufactures and distributes memory products for applications in gaming, transportation, healthcare, automation, and military applications. Its product portfolio includes solid-state drives, body cameras, personal cloud storage, memory cards, USB flash drives, memory modules, card readers, and multimedia products. The firm generates revenue in the Americas, Europe, Taiwan, and other countries in the Asia-Pacific region.

Transcend Information (TPE:2451) Headlines

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