GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Optimax Technology Corp (TPE:3051) » Definitions » Debt-to-Equity

Optimax Technology (TPE:3051) Debt-to-Equity : 0.46 (As of Sep. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Optimax Technology Debt-to-Equity?

Optimax Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$105 Mil. Optimax Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$1,054 Mil. Optimax Technology's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$2,517 Mil. Optimax Technology's debt to equity for the quarter that ended in Sep. 2024 was 0.46.

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

TPE:3051' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45   Med: 4.58   Max: 5.94
Current: 0.46

During the past 13 years, the highest Debt-to-Equity Ratio of Optimax Technology was 5.94. The lowest was 0.45. And the median was 4.58.

TPE:3051's Debt-to-Equity is ranked worse than
63.88% of 2179 companies
in the Hardware industry
Industry Median: 0.29 vs TPE:3051: 0.46

Optimax Technology Debt-to-Equity Historical Data

The historical data trend for Optimax 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.

Optimax Technology Debt-to-Equity Chart

Optimax 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 5.92 5.54 1.18 0.67 0.54

Optimax 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 0.60 0.54 0.46 0.45 0.46

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

For the Electronic Components subindustry, Optimax 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.


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

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

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



Optimax Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Optimax 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.


Optimax Technology  (TPE:3051) 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.


Optimax Technology Debt-to-Equity Related Terms

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


Optimax Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 37, Lane 659, Ping-Dong Road, Pingzhen District, Taoyuan, TWN, 32465
Optimax Technology Corp operates in the electronic component industry. The company and its subsidiaries are engaged in the manufacturing and selling of polarizers. The company offers products for twisted nematics LCDs, super twisted nematic LCDs, and thin film transistor LCDs.

Optimax Technology Headlines

No Headlines