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Hankook (Hankook) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Hankook Debt-to-Equity?

Hankook's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Hankook's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Hankook's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $3,083.23 Mil. Hankook's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

HKOKF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.09
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of Hankook was 0.09. The lowest was 0.01. And the median was 0.03.

HKOKF's Debt-to-Equity is ranked better than
86.08% of 1171 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs HKOKF: 0.08

Hankook Debt-to-Equity Historical Data

The historical data trend for Hankook'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.

Hankook Debt-to-Equity Chart

Hankook 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 0.02 0.04 0.04 0.05 0.09

Hankook Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.06 0.06 0.07 0.09 -

Competitive Comparison of Hankook's Debt-to-Equity

For the Auto Parts subindustry, Hankook'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.


Hankook's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hankook's Debt-to-Equity distribution charts can be found below:

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



Hankook Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Hankook's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Hankook  (OTCPK:HKOKF) 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.


Hankook Debt-to-Equity Related Terms

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


Hankook (Hankook) Business Description

Traded in Other Exchanges
Address
133 Teheran-ro, Gangnam-gu, Seoul, KOR
Hankook & Co formerly Hankook Technology Group Co Ltd manufactures and sells a variety of tires under the Hankook, Laufenn, Aurora, and Kingstar brand names. The firm's tires are used for passenger cars, suburban utility vehicles and light trucks, commercial trucks and buses, and race cars. Hankook Tire sells tires directly to automobile manufacturers and for replacement and aftermarket use. The majority of sales come from replacement and aftermarket use. More revenue comes from Europe than any other geography, followed by the Americas region.

Hankook (Hankook) Headlines

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