Shih Wei Navigation Co (TPE:5608) Debt-to-Equity : 1.06 (As of Dec. 2023)

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What is Shih Wei Navigation Co Debt-to-Equity?

Shih Wei Navigation Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$4,477 Mil. Shih Wei Navigation Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$5,542 Mil. Shih Wei Navigation Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$9,484 Mil. Shih Wei Navigation Co's debt to equity for the quarter that ended in Dec. 2023 was 1.06.

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 Shih Wei Navigation Co's Debt-to-Equity or its related term are showing as below:

TPE:5608' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.06 Med: 2.69 Max: 4.91
Current: 1.06

During the past 13 years, the highest Debt-to-Equity Ratio of Shih Wei Navigation Co was 4.91. The lowest was 1.06. And the median was 2.69.

TPE:5608's Debt-to-Equity is ranked worse than
72.14% of 883 companies
in the Transportation industry
Industry Median: 0.56 vs TPE:5608: 1.06

Shih Wei Navigation Co Debt-to-Equity Historical Data

The historical data trend for Shih Wei Navigation 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.

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Shih Wei Navigation Co Debt-to-Equity Chart

Shih Wei Navigation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.87

4.91

2.30

1.27

1.06

Shih Wei Navigation Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.27	1.25	1.23	1.06	1.06

Competitive Comparison of Shih Wei Navigation Co's Debt-to-Equity

For the Marine Shipping subindustry, Shih Wei Navigation 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.

Shih Wei Navigation Co's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shih Wei Navigation Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shih Wei Navigation Co's Debt-to-Equity falls into.

Shih Wei Navigation Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shih Wei Navigation 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
	=	(4476.611	+	5542.427)	/	9483.668
	=	1.06

Shih Wei Navigation Co's Debt to Equity Ratio for the quarter 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
	=	(4476.611	+	5542.427)	/	9483.668
	=	1.06

Shih Wei Navigation Co (TPE:5608) 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.

Shih Wei Navigation Co Debt-to-Equity Related Terms

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Shih Wei Navigation Co (TPE:5608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shih Wei Navigation Co Ltd (TPE:5608) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 167, Fusing North Road, 16th Floor, Song-Shan District, Taipei, TWN, 10547

Website

https://www.swnav.com.tw

Shih Wei Navigation Co Ltd is a Taiwan-based company, that engages in the provision of shipping-related services. Its business includes the international shipping industry, bulk carrier leasing, and cargo transportation of bulk timber, steel, and ores. Its shipping agency industries such as cargo handling, crew loan allocation, ship repair projects, marine materials, arrangements, and other projects. Its vessel type includes Panamax, Supramax, Handy, Multi-Purpose, and Log Carriers. The company's operating segment includes Shipping and Tourist. It generates maximum revenue from the Shipping segment. Geographically, it derives a majority of its revenue from Asia.

Shih Wei Navigation Co (TPE:5608) Headlines

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