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Alexander Marine Co (TPE:8478) Debt-to-Equity : 0.78 (As of Mar. 2024)


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What is Alexander Marine Co Debt-to-Equity?

Alexander Marine Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$2,145 Mil. Alexander Marine Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$3,047 Mil. Alexander Marine Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$6,658 Mil. Alexander Marine Co's debt to equity for the quarter that ended in Mar. 2024 was 0.78.

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 Alexander Marine Co's Debt-to-Equity or its related term are showing as below:

TPE:8478' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4   Med: 0.73   Max: 1.5
Current: 0.67

During the past 11 years, the highest Debt-to-Equity Ratio of Alexander Marine Co was 1.50. The lowest was 0.40. And the median was 0.73.

TPE:8478's Debt-to-Equity is ranked worse than
61.71% of 1178 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs TPE:8478: 0.67

Alexander Marine Co Debt-to-Equity Historical Data

The historical data trend for Alexander Marine 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.

Alexander Marine Co Debt-to-Equity Chart

Alexander Marine Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.50 1.07 0.62 0.67

Alexander Marine 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 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 0.61 0.72 0.68 0.67 0.78

Competitive Comparison of Alexander Marine Co's Debt-to-Equity

For the Recreational Vehicles subindustry, Alexander Marine 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.


Alexander Marine Co's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Alexander Marine Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Alexander Marine Co's Debt-to-Equity falls into.



Alexander Marine Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alexander Marine Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Alexander Marine Co'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.


Alexander Marine Co  (TPE:8478) 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.


Alexander Marine Co Debt-to-Equity Related Terms

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


Alexander Marine Co (TPE:8478) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jin-Fu Road, Qian-Zhen District, Kaohsiung, TWN, 806
Alexander Marine Co Ltd is a Taiwan based boatmaker company. It is engaged in manufacturing and selling luxury yachts and spare parts. Its product series includes explorer, legend, revolution, and divergence.

Alexander Marine Co (TPE:8478) Headlines

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