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Kaori Heat Treatment Co (TPE:8996) Debt-to-Equity : 0.42 (As of Mar. 2024)


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What is Kaori Heat Treatment Co Debt-to-Equity?

Kaori Heat Treatment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$58 Mil. Kaori Heat Treatment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,007 Mil. Kaori Heat Treatment Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$2,561 Mil. Kaori Heat Treatment Co's debt to equity for the quarter that ended in Mar. 2024 was 0.42.

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 Kaori Heat Treatment Co's Debt-to-Equity or its related term are showing as below:

TPE:8996' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.61   Max: 0.94
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of Kaori Heat Treatment Co was 0.94. The lowest was 0.22. And the median was 0.61.

TPE:8996's Debt-to-Equity is ranked worse than
60.94% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs TPE:8996: 0.42

Kaori Heat Treatment Co Debt-to-Equity Historical Data

The historical data trend for Kaori Heat Treatment 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.

Kaori Heat Treatment Co Debt-to-Equity Chart

Kaori Heat Treatment 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 0.31 0.66 0.58 0.70 0.50

Kaori Heat Treatment 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 0.74 0.90 0.77 0.50 0.42

Competitive Comparison of Kaori Heat Treatment Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Kaori Heat Treatment 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.


Kaori Heat Treatment Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kaori Heat Treatment Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kaori Heat Treatment Co's Debt-to-Equity falls into.



Kaori Heat Treatment Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Kaori Heat Treatment 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.


Kaori Heat Treatment Co  (TPE:8996) 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.


Kaori Heat Treatment Co Debt-to-Equity Related Terms

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Kaori Heat Treatment Co (TPE:8996) Business Description

Traded in Other Exchanges
N/A
Address
No. 5-2, Chi-Lin North Road, Chung-Li Industrial District, Taoyuan City, TWN
Kaori Heat Treatment Co Ltd is engaged in producing mechanical hardware, processing fabricated metals, and heat exchange products, as well as the manufacturing and developing of thermal products.

Kaori Heat Treatment Co (TPE:8996) Headlines

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