Elite Material Co Stock Debt To Equity
| 2383 Stock | TWD 478.00 4.00 0.83% |
Elite Material Co fundamentals help investors to digest information that contributes to Elite Material's financial success or failures. It also enables traders to predict the movement of Elite Stock. The fundamental analysis module provides a way to measure Elite Material's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Elite Material stock.
Elite |
Elite Material Co Company Debt To Equity Analysis
Elite Material's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Elite Material Debt To Equity | 21.70 % |
Most of Elite Material's fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Elite Material Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
| Competition |
According to the company disclosure, Elite Material Co has a Debt To Equity of 21.7%. This is 63.25% lower than that of the Electronic Equipment, Instruments & Components sector and 85.95% lower than that of the Information Technology industry. The debt to equity for all Taiwan stocks is 55.44% higher than that of the company.
Elite Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elite Material's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Elite Material could also be used in its relative valuation, which is a method of valuing Elite Material by comparing valuation metrics of similar companies.Elite Material is currently under evaluation in debt to equity category among its peers.
Elite Fundamentals
| Return On Equity | 0.27 | |||
| Return On Asset | 0.11 | |||
| Profit Margin | 0.13 % | |||
| Operating Margin | 0.16 % | |||
| Current Valuation | 67.26 B | |||
| Shares Outstanding | 332.92 M | |||
| Shares Owned By Insiders | 20.73 % | |||
| Shares Owned By Institutions | 37.51 % | |||
| Price To Earning | 20.40 X | |||
| Price To Book | 3.14 X | |||
| Price To Sales | 1.55 X | |||
| Revenue | 38.5 B | |||
| Gross Profit | 10.07 B | |||
| EBITDA | 7.71 B | |||
| Net Income | 5.49 B | |||
| Cash And Equivalents | 6.35 B | |||
| Cash Per Share | 19.87 X | |||
| Total Debt | 721.43 M | |||
| Debt To Equity | 21.70 % | |||
| Current Ratio | 2.44 X | |||
| Book Value Per Share | 62.92 X | |||
| Cash Flow From Operations | 4.02 B | |||
| Earnings Per Share | 15.43 X | |||
| Price To Earnings To Growth | 0.77 X | |||
| Target Price | 200.13 | |||
| Number Of Employees | 27 | |||
| Beta | 1.21 | |||
| Market Capitalization | 63.25 B | |||
| Total Asset | 36.57 B | |||
| Retained Earnings | 6.23 B | |||
| Working Capital | 6.33 B | |||
| Current Asset | 13.24 B | |||
| Current Liabilities | 6.91 B | |||
| Z Score | 53.2 | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 4.49 % | |||
| Net Asset | 36.57 B | |||
| Last Dividend Paid | 10.0 |
About Elite Material Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Elite Material Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elite Material using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elite Material Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Elite Material's price analysis, check to measure Elite Material's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elite Material is operating at the current time. Most of Elite Material's value examination focuses on studying past and present price action to predict the probability of Elite Material's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elite Material's price. Additionally, you may evaluate how the addition of Elite Material to your portfolios can decrease your overall portfolio volatility.