JW Shinyak (XKRX:067290) Debt-to-Equity : 1.88 (As of Dec. 2023)

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What is JW Shinyak Debt-to-Equity?

JW Shinyak's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩28,952 Mil. JW Shinyak's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩2,486 Mil. JW Shinyak's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩16,770 Mil. JW Shinyak's debt to equity for the quarter that ended in Dec. 2023 was 1.87.

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

XKRX:067290' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.87 Max: 1.88
Current: 1.88

During the past 13 years, the highest Debt-to-Equity Ratio of JW Shinyak was 1.88. The lowest was 0.35. And the median was 0.87.

XKRX:067290's Debt-to-Equity is ranked worse than
94.23% of 849 companies
in the Drug Manufacturers industry
Industry Median: 0.29 vs XKRX:067290: 1.88

JW Shinyak Debt-to-Equity Historical Data

The historical data trend for JW Shinyak'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.

JW Shinyak Debt-to-Equity Chart

JW Shinyak Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.38

0.35

1.88

JW Shinyak 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															0.35	0.53	1.80	1.71	1.88

Competitive Comparison of JW Shinyak's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, JW Shinyak'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.

JW Shinyak's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, JW Shinyak's Debt-to-Equity distribution charts can be found below:

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

JW Shinyak Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JW Shinyak'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
	=	(28951.787	+	2486.045)	/	16770.42
	=	1.87

JW Shinyak'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
	=	(28951.787	+	2486.045)	/	16770.42
	=	1.87

JW Shinyak (XKRX:067290) 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.

JW Shinyak Debt-to-Equity Related Terms

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

JW Shinyak (XKRX:067290) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » JW Shinyak Corp (XKRX:067290) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

2477, Nambusunhwan-ro, Seocho-gu, Seoul, KOR, 137-864

Website

http://www.jw-shinyak.co.kr

JW Shinyak Corp is a pharmaceutical company. The company produces and provides high-quality medicine and medical supplies needed in dermatology, urology, pediatrics, otolaryngology. The key products include antibiotics, anesthetics, respiratory drugs, urology drugs, cardiovascular drugs, allergy drugs, digestive drugs, anti-inflammatory drugs, antivirals as well as cosmetic products including creams, cleansers, toners, essences, lotions, among others.

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