World Known MFG (Cayman) (TPE:4581) Debt-to-Equity : 0.29 (As of Mar. 2024)

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What is World Known MFG (Cayman) Debt-to-Equity?

World Known MFG (Cayman)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$105 Mil. World Known MFG (Cayman)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$215 Mil. World Known MFG (Cayman)'s Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$1,121 Mil. World Known MFG (Cayman)'s debt to equity for the quarter that ended in Mar. 2024 was 0.29.

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 World Known MFG (Cayman)'s Debt-to-Equity or its related term are showing as below:

TPE:4581' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.16 Max: 0.39
Current: 0.29

During the past 7 years, the highest Debt-to-Equity Ratio of World Known MFG (Cayman) was 0.39. The lowest was 0.03. And the median was 0.16.

TPE:4581's Debt-to-Equity is ranked better than
65.41% of 1171 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs TPE:4581: 0.29

World Known MFG (Cayman) Debt-to-Equity Historical Data

The historical data trend for World Known MFG (Cayman)'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.

World Known MFG (Cayman) Debt-to-Equity Chart

World Known MFG (Cayman) Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.14

0.16

0.32

0.30

World Known MFG (Cayman) 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															0.28	0.30	0.27	0.30	0.29

Competitive Comparison of World Known MFG (Cayman)'s Debt-to-Equity

For the Auto Parts subindustry, World Known MFG (Cayman)'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.

World Known MFG (Cayman)'s Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, World Known MFG (Cayman)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where World Known MFG (Cayman)'s Debt-to-Equity falls into.

World Known MFG (Cayman) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

World Known MFG (Cayman)'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
	=	(118.67	+	199.758)	/	1060.658
	=	0.30

World Known MFG (Cayman)'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
	=	(104.689	+	215.017)	/	1120.842
	=	0.29

World Known MFG (Cayman) (TPE:4581) 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.

World Known MFG (Cayman) Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of World Known MFG (Cayman)'s Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

World Known MFG (Cayman) (TPE:4581) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » World Known MFG (Cayman) Ltd (TPE:4581) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Oleander Way, 802 West Bay Road, The Grand Pavilion Commercial Centre, P.O. Box 32052, Grand Cayman, CYM, KYI-1208

Website

https://www.wkgroup.com

World Known MFG (Cayman) Ltd is engaged in the design, engineering, and manufacturing of the global automotive industry and industrial metal parts. The product portfolio includes Automotive brakes, brake disks, brake drums, etc. Its products have applications in Commercial vehicles, Green energy, Construction machinery, agriculture machinery, and other industrial machinery. The majority of the revenue is generated from the sale of Automotive parts. The company's geographical segments include America, Asia, and other countries.

World Known MFG (Cayman) (TPE:4581) Headlines

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