WIZIT Co (XKRX:036090) Debt-to-Equity : 0.27 (As of Dec. 2023)

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What is WIZIT Co Debt-to-Equity?

WIZIT Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩30,616 Mil. WIZIT Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩1,206 Mil. WIZIT Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩117,500 Mil. WIZIT Co's debt to equity for the quarter that ended in Dec. 2023 was 0.27.

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

XKRX:036090' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.19 Max: 0.38
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of WIZIT Co was 0.38. The lowest was 0.07. And the median was 0.19.

XKRX:036090's Debt-to-Equity is ranked better than
52.6% of 2196 companies
in the Hardware industry
Industry Median: 0.29 vs XKRX:036090: 0.27

WIZIT Co Debt-to-Equity Historical Data

The historical data trend for WIZIT 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.

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WIZIT Co Debt-to-Equity Chart

WIZIT Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.36

0.18

0.12

0.10

0.27

WIZIT 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															0.10	0.09	0.09	0.09	0.27

Competitive Comparison of WIZIT Co's Debt-to-Equity

For the Electronic Components subindustry, WIZIT 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.

WIZIT Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, WIZIT Co's Debt-to-Equity distribution charts can be found below:

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

WIZIT Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WIZIT 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
	=	(30616.363	+	1205.956)	/	117499.551
	=	0.27

WIZIT 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
	=	(30616.363	+	1205.956)	/	117499.551
	=	0.27

WIZIT Co (XKRX:036090) 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.

WIZIT Co Debt-to-Equity Related Terms

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

WIZIT Co (XKRX:036090) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » WIZIT Co Ltd (XKRX:036090) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

58B 5L Namdong Industrial Complex, Gojan-dong Namdong-gu, Incheon, KOR, 425090

Website

http://www.wizit.co.kr

WIZIT Co Ltd is a Korea-based company engaged in the manufacture of consumables for semiconductor and liquid crystal display processes. The company provides two categories of supplies LCD supplies and semiconductor supplies.

WIZIT Co (XKRX:036090) Headlines

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