Mirle Automation Corp Stock Debt To Equity

2464 Stock  TWD 74.90  2.00  2.60%   
Mirle Automation Corp fundamentals help investors to digest information that contributes to Mirle Automation's financial success or failures. It also enables traders to predict the movement of Mirle Stock. The fundamental analysis module provides a way to measure Mirle Automation'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 Mirle Automation stock.
  
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Mirle Automation Corp Company Debt To Equity Analysis

Mirle Automation'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.

D/E

 = 

Total Debt

Total Equity

More About Debt To Equity | All Equity Analysis

Current Mirle Automation Debt To Equity

    
  21.30 %  
Most of Mirle Automation'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, Mirle Automation Corp 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, Mirle Automation Corp has a Debt To Equity of 21.3%. This is 63.92% lower than that of the Machinery sector and 55.17% lower than that of the Industrials industry. The debt to equity for all Taiwan stocks is 56.26% higher than that of the company.

Mirle Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mirle Automation'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 Mirle Automation could also be used in its relative valuation, which is a method of valuing Mirle Automation by comparing valuation metrics of similar companies.
Mirle Automation is currently under evaluation in debt to equity category among its peers.

Mirle Fundamentals

About Mirle Automation Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mirle Automation Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mirle Automation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mirle Automation Corp 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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Additional Tools for Mirle Stock Analysis

When running Mirle Automation's price analysis, check to measure Mirle Automation'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 Mirle Automation is operating at the current time. Most of Mirle Automation's value examination focuses on studying past and present price action to predict the probability of Mirle Automation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirle Automation's price. Additionally, you may evaluate how the addition of Mirle Automation to your portfolios can decrease your overall portfolio volatility.