Daishin Securities Co (XKRX:003547) Debt-to-Equity : 3.06 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Daishin Securities Co Debt-to-Equity?

Daishin Securities Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩0 Mil. Daishin Securities Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩9,245,053 Mil. Daishin Securities Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩3,020,065 Mil. Daishin Securities Co's debt to equity for the quarter that ended in Dec. 2023 was 3.06.

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 Daishin Securities Co's Debt-to-Equity or its related term are showing as below:

XKRX:003547' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.71 Med: 2.66 Max: 3.06
Current: 3.06

During the past 13 years, the highest Debt-to-Equity Ratio of Daishin Securities Co was 3.06. The lowest was 1.71. And the median was 2.66.

XKRX:003547's Debt-to-Equity is ranked worse than
93.26% of 608 companies
in the Capital Markets industry
Industry Median: 0.37 vs XKRX:003547: 3.06

Daishin Securities Co Debt-to-Equity Historical Data

The historical data trend for Daishin Securities 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.

Daishin Securities Co Debt-to-Equity Chart

Daishin Securities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

2.94

3.00

3.03

2.56

3.06

Daishin Securities Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.56	2.70	2.84	3.01	3.06

Competitive Comparison of Daishin Securities Co's Debt-to-Equity

For the Capital Markets subindustry, Daishin Securities 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.

Daishin Securities Co's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Daishin Securities Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Daishin Securities Co's Debt-to-Equity falls into.

Daishin Securities Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	9245052.889)	/	3020064.866
	=	3.06

Daishin Securities Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	9245052.889)	/	3020064.866
	=	3.06

Daishin Securities Co (XKRX:003547) 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.

Daishin Securities Co Debt-to-Equity Related Terms

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

Daishin Securities Co (XKRX:003547) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Daishin Securities Co Ltd (XKRX:003547) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

003545:Korea 003540:Korea

Address

Daishin Finance Center 343, Samil-daero, Jung-gu, Seoul, KOR

Website

https://eng.daishin.com

Daishin Securities Co Ltd is a South Korean financial service company. The company operates in Hong Kong and the United States but conducts the majority of its business domestically. It generates most of its revenue from investment in equity, bonds, and derivatives. The retail segment of the company provides brokerage services and generates the second-largest amount of revenue. The next- largest segment purchases and sells asset-backed securities, including bonds and bad assets. The company also engages in corporate business, enterprise finance, savings banking, economic research, and foreign business.

Daishin Securities Co (XKRX:003547) Headlines

No Headlines