Shin Young Securities Co (XKRX:001720) Debt-to-Equity : 0.50 (As of Dec. 2023)

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What is Shin Young Securities Co Debt-to-Equity?

Shin Young Securities Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩0 Mil. Shin Young Securities Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩773,252 Mil. Shin Young Securities Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩1,549,933 Mil. Shin Young Securities Co's debt to equity for the quarter that ended in Dec. 2023 was 0.50.

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

XKRX:001720' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.28 Max: 0.6
Current: 0.5

During the past 13 years, the highest Debt-to-Equity Ratio of Shin Young Securities Co was 0.60. The lowest was 0.00. And the median was 0.28.

XKRX:001720's Debt-to-Equity is ranked worse than
57.28% of 604 companies
in the Capital Markets industry
Industry Median: 0.35 vs XKRX:001720: 0.50

Shin Young Securities Co Debt-to-Equity Historical Data

The historical data trend for Shin Young 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.

Shin Young Securities Co Debt-to-Equity Chart

Shin Young Securities Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.45

0.22

0.44

0.52

0.33

Shin Young 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															0.46	0.33	0.45	0.47	0.50

Competitive Comparison of Shin Young Securities Co's Debt-to-Equity

For the Capital Markets subindustry, Shin Young 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.

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

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

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

Shin Young Securities Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shin Young Securities Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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	+	480322.019)	/	1464375.875
	=	0.33

Shin Young 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	+	773251.573)	/	1549933.049
	=	0.50

Shin Young Securities Co (XKRX:001720) 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.

Shin Young Securities Co Debt-to-Equity Related Terms

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Shin Young Securities Co (XKRX:001720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Shin Young Securities Co Ltd (XKRX:001720) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

001725:Korea

Address

Gukjegeumyung-ro 8-gil, Shinyoung Securities Building 16, Youngdeungpo-gu, Seoul, KOR, 150-884

Website

http://www.shinyoung.com

Shin Young Securities Co Ltd is a Japanese company which is engaged in providing financial products and services. It mainly offers broking trading service on securities such as stocks, bonds, futures, options; research service on domestic and overseas financial market; wealth management services; investment banking including underwriting corporate bonds, structured financing, real estate financing; and issuance of equity-linked securities, derivative-linked securities and other. The company divides its business in four business fields as Brokerage business, Wealth Management business, Investment Banking business and Capital Market business.

Shin Young Securities Co (XKRX:001720) Headlines

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