San Neng Group Holdings Co (TPE:6671) Debt-to-Equity : 0.10 (As of Mar. 2024)

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What is San Neng Group Holdings Co Debt-to-Equity?

San Neng Group Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$81 Mil. San Neng Group Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$75 Mil. San Neng Group Holdings Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$1,614 Mil. San Neng Group Holdings Co's debt to equity for the quarter that ended in Mar. 2024 was 0.10.

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 San Neng Group Holdings Co's Debt-to-Equity or its related term are showing as below:

TPE:6671' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.15 Max: 0.5
Current: 0.1

During the past 9 years, the highest Debt-to-Equity Ratio of San Neng Group Holdings Co was 0.50. The lowest was 0.09. And the median was 0.15.

TPE:6671's Debt-to-Equity is ranked better than
80.75% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs TPE:6671: 0.10

San Neng Group Holdings Co Debt-to-Equity Historical Data

The historical data trend for San Neng Group Holdings 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.

San Neng Group Holdings Co Debt-to-Equity Chart

San Neng Group Holdings Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.15

0.13

0.15

0.12

0.09

San Neng Group Holdings 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															0.13	0.13	0.11	0.09	0.10

Competitive Comparison of San Neng Group Holdings Co's Debt-to-Equity

For the Household & Personal Products subindustry, San Neng Group Holdings 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.

San Neng Group Holdings Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, San Neng Group Holdings Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where San Neng Group Holdings Co's Debt-to-Equity falls into.

San Neng Group Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

San Neng Group Holdings 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
	=	(79.087	+	79.434)	/	1702.053
	=	0.09

San Neng Group Holdings 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
	=	(81.243	+	75.031)	/	1614.332
	=	0.10

San Neng Group Holdings Co (TPE:6671) 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.

San Neng Group Holdings Co Debt-to-Equity Related Terms

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San Neng Group Holdings Co (TPE:6671) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » San Neng Group Holdings Co Ltd (TPE:6671) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.58, Gongye 8th Road, Dali District, Taichung, TWN

Website

https://www.sannenggroup.com

San Neng Group Holdings Co Ltd, along with its subsidiaries, is engaged in the research and development, manufacturing and sale of various professional baking equipment and related products. Its product offerings are divided into five categories including custom categories, baking moulds, baking tools, household equipment and other categories. Products offered by the company include baking utensils, baking moulds, baking trays, toast boxes, cake moulds, pie plates, mousse rings, mixing bowls, egg whisks, pastry tubes, revolving cake stands, knives, trolleys, eggbeaters series, pre-store products series, multi-connection products, kitchen supplies, and small household appliance series.

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