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CR Holdings Co (XKRX:000480) Debt-to-Equity : 0.98 (As of Dec. 2023)


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What is CR Holdings Co Debt-to-Equity?

CR Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩545,772 Mil. CR Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩32,295 Mil. CR Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩590,713 Mil. CR Holdings Co's debt to equity for the quarter that ended in Dec. 2023 was 0.98.

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

XKRX:000480' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23   Med: 0.33   Max: 0.98
Current: 0.98

During the past 13 years, the highest Debt-to-Equity Ratio of CR Holdings Co was 0.98. The lowest was 0.23. And the median was 0.33.

XKRX:000480's Debt-to-Equity is ranked worse than
84.42% of 353 companies
in the Building Materials industry
Industry Median: 0.39 vs XKRX:000480: 0.98

CR Holdings Co Debt-to-Equity Historical Data

The historical data trend for CR Holdings 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.

CR Holdings Co Debt-to-Equity Chart

CR Holdings Co 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 0.26 0.46 0.48 0.82 0.98

CR Holdings 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 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 0.82 0.73 0.75 1.10 0.98

Competitive Comparison of CR Holdings Co's Debt-to-Equity

For the Building Materials subindustry, CR Holdings 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.


CR Holdings Co's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, CR Holdings Co's Debt-to-Equity distribution charts can be found below:

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



CR Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

CR Holdings Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


CR Holdings Co  (XKRX:000480) 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.


CR Holdings Co Debt-to-Equity Related Terms

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


CR Holdings Co (XKRX:000480) Business Description

Traded in Other Exchanges
N/A
Address
55, Saneop-ro, Jeonlanam-do, Gwangyang-si, KOR
CR Holdings Co Ltd Formerly Chosun Refractories Co Ltd is a Korea-based company principally engaged in the manufacture of refractories. It offers products such as firebricks, monolithic refractories, and other special refractories, such as ceramic materials and shroud nozzles. Refractories are used in iron, steel, cement, glass, nonferrous metal manufacturing industry. The company also operates the power plant.

CR Holdings Co (XKRX:000480) Headlines

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