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Fine Technix Co (XKRX:106240) Debt-to-Equity : 0.50 (As of Mar. 2024)


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What is Fine Technix Co Debt-to-Equity?

Fine Technix Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩26,629 Mil. Fine Technix Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩18,906 Mil. Fine Technix Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩91,013 Mil. Fine Technix Co's debt to equity for the quarter that ended in Mar. 2024 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 Fine Technix Co's Debt-to-Equity or its related term are showing as below:

XKRX:106240' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16   Med: 0.7   Max: 2.01
Current: 0.5

During the past 13 years, the highest Debt-to-Equity Ratio of Fine Technix Co was 2.01. The lowest was 0.16. And the median was 0.70.

XKRX:106240's Debt-to-Equity is ranked worse than
66.62% of 2630 companies
in the Industrial Products industry
Industry Median: 0.29 vs XKRX:106240: 0.50

Fine Technix Co Debt-to-Equity Historical Data

The historical data trend for Fine Technix 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.

Fine Technix Co Debt-to-Equity Chart

Fine Technix 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 0.48 0.61 0.59 0.49 0.49

Fine Technix Co 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 0.48 0.41 0.47 0.49 0.50

Competitive Comparison of Fine Technix Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Fine Technix 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.


Fine Technix Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fine Technix Co's Debt-to-Equity distribution charts can be found below:

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



Fine Technix Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Fine Technix Co'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.


Fine Technix Co  (XKRX:106240) 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.


Fine Technix Co Debt-to-Equity Related Terms

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Fine Technix Co (XKRX:106240) Business Description

Traded in Other Exchanges
N/A
Address
8 Deokcheon-Ro, Manan-gu, Gyeonggi-do, Anyang-si, KOR, 430-817
Fine Technix Co Ltd manufactures LED lighting equipments and Mechanical devices. Its products include LED Bulbs, LED Panel Light, LED Street Light and LED Flood Light among others. The company also offers products such as Top Chassis, Bottom Chassis, Back Cover, Lamp Reflector and Case categories among others.

Fine Technix Co (XKRX:106240) Headlines

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