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Welltend Technology (TPE:3021) Debt-to-Equity : 0.48 (As of Sep. 2024)


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What is Welltend Technology Debt-to-Equity?

Welltend Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$797 Mil. Welltend Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$22 Mil. Welltend Technology's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$1,703 Mil. Welltend Technology's debt to equity for the quarter that ended in Sep. 2024 was 0.48.

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 Welltend Technology's Debt-to-Equity or its related term are showing as below:

TPE:3021' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14   Med: 0.48   Max: 0.64
Current: 0.48

During the past 13 years, the highest Debt-to-Equity Ratio of Welltend Technology was 0.64. The lowest was 0.14. And the median was 0.48.

TPE:3021's Debt-to-Equity is ranked worse than
65.03% of 2179 companies
in the Hardware industry
Industry Median: 0.29 vs TPE:3021: 0.48

Welltend Technology Debt-to-Equity Historical Data

The historical data trend for Welltend Technology'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.

Welltend Technology Debt-to-Equity Chart

Welltend Technology 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 0.53 0.59 0.58 0.52 0.48

Welltend Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.51 0.48 0.48 0.48 0.48

Competitive Comparison of Welltend Technology's Debt-to-Equity

For the Computer Hardware subindustry, Welltend Technology'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.


Welltend Technology's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Welltend Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Welltend Technology's Debt-to-Equity falls into.



Welltend Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Welltend Technology's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Welltend Technology's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Welltend Technology  (TPE:3021) 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.


Welltend Technology Debt-to-Equity Related Terms

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


Welltend Technology Business Description

Traded in Other Exchanges
N/A
Address
6F, No.59, Dongxing Road, Taipei, TWN
Welltend Technology Corp is mainly engaged in the research and development, production and sales of computers, home appliances, automobiles, business-related parts, and components. The Group is divided into two operating segments: Information Service Department and the Wire & Connectors Department. The main business of the Information Service Department is the integrated planning and implementation of information systems and consulting services. The main business of the Wire & Connectors Department is the production and sale of computer peripherals, smart home appliances, communication equipment, and game consoles. The company generates the majority of its revenue from the Wire & Connectors. Geographically the company generates revenue from Thailand, Mailand china, Taiwan, and Philippines.

Welltend Technology Headlines

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